Posts in Start Ups

Our Investment in Megalytics

West Loop Ventures has made its maiden investment.  We lead the post-seed round investment in Megalytics.  Megalytics enables timely, effective investment and management decisions through an automated platform that integrates large and disparate data sources and proprietary algorithms and scoring …






Leadership Thoughts

Leadership in startups is huge.  It can help a startup weather the inevitable bad times.  My friend Raman Chadha has been teaching leadership in the Junto Institute for a few years now.  Recently, they announced they were setting up a …






What Does It Mean When Something Is Broken?

When you listen to pitches, you might hear an entrepreneur squeak that line into the pitch.  “Payments are fundamentally broken”.  It’s a broad statement.  However, it doesn’t say much about how or why? Is it broken?  Why it’s broken is …






Jake Butt Saves His Butt

You might have watched the NFL Draft and you might not have.  One thing that most people don’t think about is how players prepare for the worst.  This year, a lot of the top college football players will buy an …






What’s A Startup? Fin Tech In Chicago

In the past couple of months, two fin tech incubators have started up in Chicago.  At West Loop Ventures, we love it because we invest in B2B Fin Tech companies.  More is better for us.  We are going to work …






The Rebalance of Value

Finally, it’s here. For a year or two now, several venture capitalists have said: “Winter is coming”. They had seen their share of overvalued companies, some in their own portfolio. I am starting to see reality hit some companies in …






Condescension Is Not Persuasion

Sometimes when you are selling some thing totally new, no one understands it. They don’t see your vision. They haven’t been privy to your brainstorming sessions. You have to take them to the mountaintop. When you are selling something radically …






The Real Message of Virtu and KCG Merger

Two HFT shops merged. They were huge enterprises. A lot of people will analyze the merger using MBA SWOT analysis. I look at it a bit differently. This isn’t the first HFT merger, but it is a much grander scale …






Change Is Not Easy

Change is not easy. Fred Wilson blogged about how if you seek to understand, or seek to see the world differently, Change.  He is seeing change in his portfolio companies.  In some of my portfolio companies, I have seen that …






Paul Revere’s Ride And Network Effects

Started reading a book about Paul Revere’s Ride.  It’s by David Hackett Fischer.  It’s interesting.  Revere’s ride has been characterized as a solo rider screaming “The British are Coming” through the streets of Boston.  That’s not true.  The ride took …






The Answer is “Delaware C Corp”

Recently, I have seen posts on whether you should start out as an LLC or C Corp.  I was talking to a good friend of mine that has been around venture for almost his entire professional life.  The answer is …






Tech CEO’s Should Ignore Some Advice

In Recode, there was an article about VC Bijan Sabet.  He has an enviable track record and is one of the best VCs out there.  Other VCs I know feel exactly the same way as he does about our current …






Maybe We Need to Redefine What A Small Business Is

On CBS Sunday Morning, they had a segment about three women in Wisconsin that are challenging Big Food.  They are challenging the Wisconsin law that prohibits the sale of home baked goods.  The Republican Speaker of the House won’t bring …