Posts in News

The Black Knight Strategy Doesn’t Work Long Run

Some people will remember this scene and many won’t. If you haven’t seen the movie Monty Python and the Holy Grail, download it and watch it. It’s funny. 100% satire. When you are a startup, it’s all about survival. We …

Government Can’t Stamp Out Great Ideas

A long time ago, I was on the CME/PAC. Often, legislators from Washington DC would come to CME and tour the floor. After the tour, we’d get to meet them, take our photos with them, and talk frankly about business …

#Brexit

Today Great Britain votes on Brexit.  I saw some stuff on “how to insulate your portfolio from Brexit”.  Truth be told, there is no way to do that.  It’s a binary event that will probably cause a quick market move, …

It’s Not If, But When

The innovation we are seeing today is like few times in human history.  It’s truly amazing.  It’s trite to say innovation is disruptive, but innovation today is really rubbing and creating a lot of friction in traditional hierarchy. I want …

Laptop or Tablet?

My MacBook Air screen was behaving badly.  I had bought the computer in 2012, and it was working fine.  One day, the screen went haywire.   I took it to the Apple Genius Bar and they were extremely helpful.  They …

How Can We Stop ISIS? We Need To Crush ISIS Now

I was as shocked as everyone else was at the terrorist attack in Orlando.  I don’t want to point to any political leaders response, since they are talking their book.  Spy are their supporters and detractors.   I just want …

Data Sovereignty

My friend Craig Vodnik wrote a piece on Medium talking about the Age of Data Sovereignty. This is a new trend among governments to try and control their people. You may or may not like Ed Snowden, but he tore …

A Conscientious Objector

In all the hype about Muhammad Ali’s death, I wanted to contrast something.  A lot of people made a big deal about Ali being a conscientious objector to the Vietnam War.  A lot of people used the CO status to …

The Human Touch

At early stages of startup life it is often said you do things that don’t scale.  That happens for a variety of reasons. Sometimes you slap together a company because you have an idea.  To the customer, it looks like …

Reasons Why Dodd-Frank Was a Horrible Law

Yesterday, I spent some time listening to academics speak about Dodd-Frank. I don’t think Americans really know how corrosive Dodd-Frank is. It’s killing our economic growth in ways that most people don’t understand. One thing I have noticed over the …

Internet Trends

Mary Meeker’s annual presentation of internet trends is always interesting to look at.  Sometimes you can pull out some great insights into things you want to do, or things you think will happen.  Especially when you layer other information over …

Does A Rate Rise Hurt Startup Financing?

ISM was up this month.  The US has been on almost 0% interest rates for a long time.  The Fed meets in June to discuss another raise.  I think the Fed should raise rates.  Personally, having zero cost to money …

Taxing Trump

There are a lot of inconsistencies in the American tax code.  Anyone that pays taxes knows it.  Some are put there because the writers of the tax code want to be “fair”.  What I have found in my life is …

Transaction Taxes, Now Being Debated In Illinois

Why do politicians always want to get between people and their money?  I was listening to an Uber X driver last night.  She was at wit’s end.  She had no job prospects and she was losing everything.  She didn’t want …

The Business Blockchain

My friend William Mougayer wrote a book called The Business Blockchain.  It’s a great book for anyone looking to understand what the whole Bitcoin thing is about.  I have blogged about Bitcoin in the past.  It’s highly interesting to me …

The Path To Exit

How do you get an exit?  A lot of the startup blogosphere talks about getting into a startup.  But, at some point you have to get out. Personally, I am very dismayed about the length of time companies are staying …

The Midwest Startup Ecosystem Supply Chain

Yesterday, I saw another survey on colleges.  Their methodology is linked here.  They seem to come about this time of year.   Kids are thinking about which school to attend, or have made a decision.  Many are thinking about which …

Chicago And The Sharing Economy

There is a big debate happening in Chicago political circles right now on the sharing economy.  So far, Mayor Rahm Emanuel has stood on the side of the sharing economy and I am glad he has. Politicians and regulators want …