Posts in Uncategorized

Totally Could Only Happen With Social Media

Social media is supposed to connect us right?  Now it’s being blamed for Hillary getting beat and the Democrats general poor showing at the polls since 2010.  It’s being blamed for stupidity.  Hint, it’s not social media’s fault. Sometimes social …

Entrepreneur to Fund Manager

One of the things college students ask me is how to get into venture.  They see it as a sexy business.  By the way, it’s not. Over the course of the last year, I have had conversations with some very …

TechWeek Interview

Why worry about the #EmotionalIntelligence of the entrepreneur? @pointsnfigures w/@westloopv fills us in. #TechWeek… https://t.co/Ip5oKilHxk — MentorMate (@MentorMate) June 23, 2017 It was a New Orleans type night in Chicago so I had to break out the white suit.  Tip …

Stick to Your Knitting

There are a lot of reasons startups fail. Many fail because they just don’t find product/market fit.  However, if a startup never finds product/market fit, two things are possible. Perhaps there really wasn’t a problem at all.  The startup is …

The Hate Has Got To Stop

I quit writing about politics consciously a while ago.  One reason was that if anyone knows me they pretty much know where I stand.  I am a free market individual liberty loving person.  I trust that individuals can make the …

NBA Finals Are Over

I watched Game 3 with interest.  It was a must win for the Cavs after getting drubbed out in the Bay.  I really thought they played with a lot of heart.  With a couple minutes to go, it looked like …

One Bad Pitch Doesn’t Mean The End

On Friday June 2, AMO Opportunities won the Polsky New Venture Challenge at Chicago Booth.  They received $100,000 prize.  They also get exposure.  If they decide to raise capital, I bet they get a check from someone.  Congratulations to them, …

Pay No Attention to CEO’s and Paris

There is a lot of boo-hooing about Trump pulling out of the Paris Accord.  I don’t care if you believe, or discount global warming, the Paris Accord is a crappy agreement.  It also will do nothing to stop global warming. …

What Makes a Great CryptoCurrency?

I ask the question because I honestly don’t know.  I don’t see an advantage to Bitcoin over another crypto other than Bitcoin was first.  A friend asked a question, “Will Bitcoin be the MySpace of cryptocurrency?”  Maybe. We are seeing …

Two Markets With Parallel Paths

Right now if you read about the venture capital market, or if you read about the stock market you will notice similarities. Both have a lot of capital in them chasing return. In VC, that drives up valuations and dampens …

Two Poems for Memorial Day

I have met a lot of WW2 vets in my life. Each and every one of you will tell you they are not heroes. They were survivors by the grace of God. The heroes aren’t here anymore. The most poignant …

Who Gets What When

I read this book and reviewed it a couple of summers ago. It’s a great book and a must read for anyone. I thought I would post this video of Professor Roth talking about his ideas while I was on …

Risk And Startups

Lately I have seen a lot of thematic investing around startups.  Some investors are “Efficient Market Hypothesis”-ing a portfolio.  By this I mean they are writing a lot of checks and figuring portfolio theory will bail them out.  I think …

30

Thirty years ago today, my wife decided to follow through with the “till death do us part” thing.  We were young.  She was 24 and I had just turned 25.  She had a job, and I was a clerk on …

The Worst Kind of Diligence

When you do diligence on a company, there are several ways to go about it.  We have a process.  It’s important to remember each deal is different.  It’s a unique entity, with unique people.  The process is the same, but …

The Farm To Table Movement

One of the things that interests me is the farm to table movement. My wife worked on an organic farm in northwestern Illinois. I invested in Tallgrass Beef back in 2005 and Simple Mills in 2014. I saw this discussion …

Brexit, Grexit, and Europe’s Year of Destiny

I am in St. Barts.  30th Aniv Trip. I had the good fortune to have dinner with Ted Bromund and listened to his thoughts about Brexit.  It’s interesting to compare to Quebec’s relationship with Canada.  It’s also interesting to think …