Posts in Start Ups

Never Ever Give Up

Thanks to a friend at US Trust, I was able to meet author James Bradley.  If you don’t know who he is, his first book is called Flags of Our Fathers.  I had seen the movie, but never read the …

Rethinking College

Was visiting one of my daughters at college this weekend.  Chatted with a bunch of people.  My oldest goes to a top ten liberal arts school.  It’s very interesting to me how they have chosen to treat their students.  Instead …

Beating the Odds

If you didn’t catch this weekend interview in the WSJ, I thought I might link to it here.  It touches on various themes we have espoused on in this blog. Rex Sinquefield is an index fund pioneer, a classical liberal, …

YCharts and Stocktoberfest

Yesterday, Shawn Carpenter the CEO of Ycharts presented at Stocktoberfest.  It’s the investor festival being hosted by Howard Lindzon of  the highly innovative Stocktwits.  From what I heard Shawn did a good job.  Doesn’t surprise me because Shawn is a great CEO. …

Chicago, The Entrepreneurial Ecosystem Is Growing

Yesterday was pretty fun.  Hyde Park Angels managing director Karin O Connor and I were at a lunch for our alma mater, The University of Illinois.  The College of Business puts these things on periodically in Chicago. Since co-founding HPA …

Do You Cover Up?

News last night showed that the Obama administration knew of the Benghazi terrorist attacks while they were happening.  They also knew that it was an organized assault.  This is counter to their claim that it was a video inciting random …

F%^$ You Money

How much is enough?  When it was dull in the trading pit, a friend of mine used to say, “Is there a better hotel room?  Is there a faster jet?  Is there a bigger boat?”.  How much do you need? …

Old School Campaign?

Generally, I agree with a lot of Glenn Reynolds posts at Instapundit.  He is a great resource and many of his posts really cause one to think.  But, today he has a post up that says the Obama campaign is …

The Birth of FX Futures

Markets are everywhere. Milton Friedman came up with the idea of financial futures on currencies. Leo Melamad took the idea and ran with it. Ideas are only ideas. Innovation isn’t true innovation until you build something and generate revenue. Here …

Quick Thoughts on Building Entrepreneurial Ecosystems

Yesterday and today, I am at CATTECH V. It’s conference of Tech Transfer heads from major midwestern research universities. We had some companies present, and some panels on how to get funding in the midwest. A thought occurred to me …

The Perspective Of Immigrants

Sometimes it helps to get the perspective of immigrants to America. I remember once when I was going to make an investment in some foreign real estate. I spoke with a person who defected from behind the Iron Curtain and …

Doing Efficient Market Research Online

The most obvious customers of data are trading firms and their traders. They pay thousands in fees a month for data. It’s a massive industry. Exchanges treat market data as a profit center. Bloomberg built an entire monolith business from …

Social Entrepreneurship, Clean Water for Everyone

Most of the time when the words social and entrepreneurship are linked together, the result is some feel good happy place company that is guaranteed to lose money. Many times when I have seen this, it’s in clean energy or …

Social Media, Markets and The Presidential Debate

Markets are better predictors of outcomes than individuals or polls. It’s a fact of the human existence and also why decentralized free markets allocate all things more efficiently than central planning. Ignore the spinmeisters from both sides. Ignore the anchors. …

A Challenge For The Chicago Entrepreneurial Ecosystem

Chicago Mayor Rahm Emanuel went to Champaign on a mission. He wanted to persuade hacks from the engineering school to come to Chicago. I am happy he went. Emanuel is doing what he can to support a scalable start up …

Do You Want a Celebrity Endorser?

There are some celebrities that are active in the angel investing start up space. Ashton Kutcher comes to mind. Any company he invests in gets a cadre of people interested in it. Companies spend a lot of time trying to …