Posts in Uncategorized

The Black Friday

Americans will go out and shop for Christmas today.  Always interesting to me.  A mosque in Egypt was attacked and 85 people are dead.  The war on terror never stops.  I really detest those bastards.  I usually traded on this …

Happy Thanksgiving-It’s the Giving Season

We hopped in a car with my family and drove to Detroit, MI.  We are spending Thanksgiving with my sister’s family.  It’s nice to have my daughter who lives in LA home although our car was pretty crowded with four …

Creative Financing-Delayed Cap Notes

There are several ways to finance a startup at inception.  The traditional route is your own pocket and sweat equity or a “friends and family” round.  Seed investors like angels and angel groups come next along with seed funds. Typically …

The SEC Starts Focusing on Real Estate

People in the startup community have been both pro and con on the SEC regulating ICOs. But, there are other asset classes out there that already exist that have some shady activity. Real estate is one of them. RSM recently …

Have A Meaningful Veterans Day

The other day I went to a lunch and listened to my friend John Borling give a very animated talk about Veterans Day.  John was a Major General in the Air Force.  He also was shot down over Vietnam and …

Fin Tech Innovation Labs

Today I am headed to NYC.  When you live in Chicago you can turn NYC into a day trip. It’s a huge advantage.  In out and sleep in my own bed the same day but I digress. I am going …

Presentation to NAR

This past week I gave a presentation to the National Association of Realtors in Chicago. Thanks to Erin Stackley for giving me the opportunity to interact with them.  If you follow venture closely, some of the themes won’t be new to …

A Talk by Manouso

My wife and I have been actively doing Iyengar Yoga for over three years now.  We go 2-4 times a week.  On Sunday, the class we go to is two and a half hours long.  We try never to miss.  …

February Get Away

My wife and I are empty nesters.  We like to get away from the Chicago winters for a bit. It’s good to get away to get a different perspective.  One year, we went to Orange County.  Liked it.  Really wanted to …

What’s A Characteristic You Have to Posses To Be a VC?

Last night I spoke to an entrepreneurship class at Chicago Booth.  When I speak at classes, I never bring a Powerpoint.  I usually open up with a little bit about how I got to where I got, and then open …

Should You Own Your Data?

If we look at the way the internet has developed, massive juggernaut almost monopolistic companies have been developed.  They don’t pay for their resources.  Each of us willingly gives them resources for free. Google and search, Facebook and your life, …

People Gotta Eat

The video above is eye opening if you don’t understand modern farmers.  When I traded, we had a fair amount of traders on the floor that grew up on a farm.  They’d be the first to tell you farmers are …

Dividing the Equity Pie

One of the hardest things to do in early stage startups is dividing up the equity.  I have been asked for advice on this from time to time but I never had a good answer.  Mike Moyer, who teaches entrepreneurship …

The MBA and Venture Capital

Ran across a piece where the University of Wisconsin said they were starting to think about dropping their MBA program.  Big Education is in a tough spot.  It’s expensive to go to college these days.  You can find ways around …

A Great Discussion on Churchill and Orwell

I thought this was a great discussion. Hope you enjoy it too. Yesterday I was at a lunch and picked up a book on Winston Churchill called “No More Champagne”. Churchill saved western civilization almost singlehandedly.   The author David Lough …