Posts in Entrepreneurship

Relationships Really Matter

When talking to people about getting investors for their firm, I always stress that the first money in the deal needs to be smart money.  It needs to be able to be leveraged.  It can’t just be about getting a …

A Close Shave

How do you shave?  Been doing some research on it lately.  There is a nascent trend in the marketplace toward more traditional shaving.  They call it “wet shaving”.  Hard core wet shavers use a straight razor. Straight razors were responsible …

Build A Relationship To Invest in A Company

Investing in a startup takes a lot of twists and turns.  It’s a massive learning process.  Getting down the learning curve can be extremely expensive.  Bob Okabe, a friend of mine, has said when he asks startup investors if they …

America’s Best Days Are In Front of Her

There is a new book out I would encourage everyone that’s an American citizen to read.  It’s called America 3.0: Rebooting American Prosperity in the 21st Century-Why America’s Greatest Days Are Yet to Come The authors blog at ChicagoBoyz.  They …

Graduation: Preparation for Life

Just witnessed my daughter’s graduation.  She survived four years at Davidson College.  The college president spoke to the class.  President Quillan talked about her own collegiate career, and stressed how a liberal arts education is not out of step with …

Education’s Next Stage

This space will be light the next few days.  My eldest daughter graduates from college this weekend.  The family is headed down to be with her, pack her up, and bring her back.  In a tough job market for college grads, …

Why Let Bloomberg Snoop on You?: YCharts Has A New Look

The Ycharts team recently changed their offices.  They are growing and needed some new digs.  While they were at that, they changed their landing page.  It looks really sweet. They recently just closed another round of financing.  They brought in …

500 Startups: Risk vs Reward, Do VCs Execute?

An article I linked to in the Breakfast Links was on Dave McClure and his 500 startups organization. If you haven’t met Dave McClure, or seen him on stage, you won’t know what I am talking about. Here he is …

The Future of Work: The Future Won’t Stop

How do you figure out what to invest in today that will be a big company tomorrow?  It’s a question a lot of people ask. You can’t take out a crystal ball and have some soothsayer tell you what’s going …

Bloomberg Snooping on Its Customers-Try YCharts Instead

Bloomberg got caught with it’s hand in the cookie jar.  On Glenn Reynold’s Instapundit blog, this story caught my eye.  Goldman Sachs ($GS) execs were worried about the privacy of information in their firm because Bloomberg had access to how …

What’s The Most Important Piece of a Startup?

Last evening, I spoke to the DePaul University CEO Club.  They are a group of college students that are interested in entrepreneurship and leadership of companies in general.  Hashim Ali invited me using Twitter. Instead of preparing a bunch of …

America and Startups Need Immigration Reform

There is a debate in the US Senate right now on immigration reform. Instead of doing what’s best for the country, it has descended into pure politics.  Democrats want blanket amnesty and very low bars of immigration because they think …

Chicago: Hotbed of Employment Innovation

One of the first things I thought of when we started Hyde Park Angels was not to mimic Silicon Valley.  No other area can be like that place.  Why try to re-create it when people can just move there? In …

Legislating Against Education Innovation in Illinois

There is no doubt among rational minds that the nation has a broken educational system.  People I speak with from both sides of the aisle agree on that point. What we do about it is subject of much debate and conjecture. …

Can You Wait? Or Are You Frozen by Indecision?

Waiting is brutal for me.  I hate to wait.  Lately, it feels like all I am doing is waiting.  Waiting for this to happen.  Waiting for that to happen.  If this, then that-or If that, then this. Can you wait …

Unemployment, Co-Working and The Santelli Exchange

Was on CNBC today.  Rick Santelli had me on his show today to talk about employment, the economy and we talked briefly about the future of work. for the record, I don’t have an investment in Nextspace, but have one …

Entrepreneurial Hammers in Search of Nails

Lots of startup activity here in the midwest.  Pretty cool.  It’s nice to see it happen because a few scant years ago there wasn’t much to see.  Part of it is the awareness of entrepreneurship as a career.  Part of …

Angel Investor Question-Would You Invest?

Here is an investment question for you.  You have money to invest and are approached by a person with a cutting edge technology:  3D printing. You have heard of 3D printing and they want to set up a retail store …