Posts in Uncategorized

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” …

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 …