Posts in Start Ups

Do You Seed/Angel Invest For Wealth Accumulation? Or Not?

Have been reading Jason Calcanis book, Angel, lately.  I haven’t finished it. I plan on finishing it in the next couple of weeks and will write a review then.  Today, I caught the end of a Facebook Live gig, This Week …

This Law Is Going to Change

There was no way that I was ever going to law school.  It just wasn’t for me. In high school, I thought about it but knowing the lawyers I know I don’t think I would have enjoyed the occupation.  Some …

Schlep.it A Pretty Cool App

I have a lot of spinning plates in my life right now.  I am rehabbing a place 10 hours away.  I bought a small place in Lincoln Park and I am moving.  All at the same time.  Over the past …

Bitcoin is a Teeny Market

tip of the hat to @twaintwain for the image. One of the things that people trading Bitcoin think is that it’s a huge market.  They look at all the volume, the ICO’s and all the press and confirmation bias skews …

Does Cheap Office Space Matter?

Our mayor in Chicago is starting a program to offer cheap office space to startups in order to entice them to locate here.   The co-work spaces participating are great spaces. If you are a startup, you’d like working there. …

Need Some Office Space?

One of the companies I invested in when I was doing angel investing was Build Truss.  They have an awesome team.  They are tackling a thorny problem.  CRE agents have no interest in leasing out spaces less than 20k square …

Calling All Fin Tech Startups!!!!

My friend and fellow former trader Alan Matthew of Tribal Ventures alerted me to this. It’s a good opportunity for fin tech startups to get some exposure to potential customers.  I don’t think this is a good opportunity to get …

Leadership is Hard

Yesterday the Senate which is barely controlled by Republicans failed to repeal and replace Obamacare. Too bad. To be honest, it had a hard time getting through the House. This shows you how hard laws are to repeal once installed. …

Blockchain Will Disrupt Everything

My friend Mike sent this to me.  It was a presentation at the Stigler Center over at Chicago Booth.  David Yermack is an academic at NYU.  They did a 3 day conference on blockchain, and here is a link to …

Is An ICO Right For You?

Initial cryptocurrency offerings are the rage.  Don’t get caught up in the hype.  Listing a coin and raising money doesn’t do anything by itself.  Everyone can pat themselves on the back but without any meaning or use case behind the …

SAFES, Convert Debt, and Startups

There was an article in Techcrunch yesterday on SAFE notes and how they were surprising entrepreneurs.  The headline is a bit of clickbait.  I read the article and then emailed it to some attorneys in Chicago that really understand venture. …

It’s Lonely At Seed

When WLV pitches to potential investors, they always ask “Why Seed?”.  It’s a great question and one we love to answer.  Most investors we know prefer to invest at Series B, and some are filtering down to Series A.  Some …

Megalytics is Hiring!

West Loop Ventures portfolio company Megalytics is hiring.  They have a great team, and it’s a great place to work.  Donna is on the bleeding edge of something big in commercial real estate. If you are a person that wants …

I Thought This Was Cool

Last Thursday before the Tech Week party I went to the iVenture Accelerator gathering at TechNexus.  If you don’t know about iVenture, it’s a startup venture lab run by Ryan Singh and Noah Wasserman at the University of Illinois in …

The Human Crisis in Finance

When the electronic age was ushered into financial markets, no one really knew what the knock on effects would be.  The Big Bang happened in London in 1987.  Ten years later, CME introduced the e-mini S&P.  It was ridiculed at …

The Last Mile in Rural Tech

Over the course of the last ten years, I have spent a lot of time in rural Midwestern and Southern America.  When we drive through small towns, we always wonder what the heck people do there to exist.  Many of …