Posts in Uncategorized

YCharts on the Inc 5000

Excited to announce @ycharts has been named #1158 on the @inc5000‘s annual list of the fastest-growing private companies! #Inc5000 pic.twitter.com/tR2Suv0kcl — YCharts (@ycharts) August 15, 2017 YCharts has been named to the Inc 5000. It’s the best stock and ETF …

Shutting Down

The shut down of a company is final. It’s the end. There are similarities to every shut down of a company. Some investors get mad. They argue that it shouldn’t be shut down. The dream is still alive. If it’s …

Should Valuation Be A Disqualifier For Investment?

One year I was at Stocktwits listening to Howard Lindzon talk about early stage investing.  Howard is a pretty darned good early stage investor.  He mentioned that some of his worst mistakes were passing on investments simply because of valuation. …

Your Word Is Your Bond

The title is an old saying from the floors of Chicago exchanges.  When people didn’t follow through with what they said or honor a trade, they were drummed out of the exchange.  The CBOT even did a documentary with the …

Don’t Make Your Board Competitive

One of the characteristics of successful people is that they are usually pretty competitive.  I am not any different.  You don’t go places in our society unless you have some internal drive that pushes you to get there.  Even the …

Decentralization vs Centralization

One of the most compelling things about Bitcoin and blockchain is the decentralized component of the blockchain.  It’s not controlled by a person, one entity, or an oligarchy.  It’s controlled by everyone. One of the things I am intrigued to …

A Suicide

Heard about another suicide the other day.  This person was a teen.  I remember when I was a teenager, my parent’s friends used to remark that they wished they were raising kids back when they grew up because it was …

The Networking Thing

How do you build a network? Slowly.  It doesn’t happen overnight.  Patience is a key to building a network Randomly.  If you don’t open yourself to randomness, you cannot build a great network.  Networks are about meeting new people and …

Tough Lessons

Dabble did a new round of financing the other day. I participated but I am going off the Dabble board. There are two reasons for that. First, since I am not a Hyde Park Angels member it seems pretty stupid …

An Example of the Strategic Use of an ICO by a Mainline Firm

Initial cryptocurrency offerings (ICO) have been used by a lot of startup firms to raise capital.  They have been successful, and they have failed.  One that has been interesting for WLV to watch is Ripple.  Their token is pretty transparent …

How Can A Pit Be Controversial?

Read an article in the WSJ about how Box Options wants to open trading pits for options. Currently, they are SEC regulated and an entirely electronic options exchange.  They want to open a pit for strategic and competitive reasons. Many …

Gender Discrimination in Venture Capital

Is there gender discrimination in venture capital?  A lot of people say that there is.  In my neck of the woods here in Chicago, I haven’t seen it.  But, at the same time, I am not going to say it …

How To Integrate Mission Into Your Business

Fred Wilson posted this video on his blog. It’s a great video. Every entrepreneur should listen, and then integrate it into their business. It’s hard to integrate this into your business. Where do you start? One of the things that …

America Has Been Deeply Divided Before

Saw a lot of posts about how divided America is today. It’s not the first time. Back in 1800, there were those that followed Jefferson and those that followed Hamilton/Adams. We had the Civil War, which was our most divisive …

Sage Advice From My Buddy OLA

People always wonder “what skills are transferable from a trading pit to a ‘real career’?”  My friend Jim Mercola (OLA) posted this on his Facebook the other day and I thought I would share it with you.  Other traders can …

Delaware Paves The Way For Blockchain

Delaware’s legislative assembly paved the way for blockchain stock exchanges this week.  It’s important because almost all major corporations are chartered under Delaware law. Matthew O’ Toole who is the chairperson of the corporate law section of the Delaware bar …

What Do You Think of ICO’s?

Over the course of the last year, I have been watching the ICO market.  I haven’t traded it at all.  Some people I know trade them pretty actively.  I just took a peek at Ripple. Ripple is an open-sourced payment …

Business is Always At The Margin

At the margin is a term often used in economics.   Economists often examine things at the extreme to learn things about the entire situation.  At the margin is a calculus problem.  The answer tells you how much “one more” …