Two Major Trends to Watch

One of the things you want to do when you startup a business is have the wind at your back.  If you can identify a niche, and ride the wave where it turns into a movement then a big trend, …






How To Fix Capitalism

Since the political campaigns, and even before them, I saw a lot of articles, tweets, comments and other media on how to fix capitalism.  It seems people are really upset with capitalism.  They blame it for income disparity and the …






Has Analytics Ruined Marketing?

One of the most fascinating, and creepy, things with the progress of the internet is the ability to microtarget.  I am an investor in Public Good.  The guys that started it were part of the Obama Tech Team.  I love …






Shorting A Bubble

It’s awfully hard to short a bubble.  Why?  As Eugene Fama says we can only see bubbles in the rear view mirror.  If everyone knew it was a bubble, there would be no bubble.  When bubbles happen, they are awfully …






Exchange Security

One of the things we didn’t worry about too much when I was on the board of CME was security.  We were more concerned with keeping people off the floor than we were about keeping hackers out of the new …






My Time In Little Rock

The past few days I was in Little Rock, Arkansas.  The FIS Accelerator is there and this year was their first demo day.  Turns out, one of my best buddies from my trading days lives in Little Rock so I …






Starting A Business With the Wind At Your Back

One thing that can help entrepreneurs out is starting a business with the wind at their back.  This doesn’t mean they are going with the herd.  You can still start a business and be counter intuitive, or contrarian even and …






Jockeys or Horses?

I am down at the FIS Accelerator in Little Rock, Arkansas.  It’s 100 degrees.  I can see why Hillary and Bill wanted to get the hell out of here.  Fortunately, Carrier invented air conditioning.  Today, ten companies focused on fin …






There Is No Venture Capital Bubble

If there was a VC valuation bubble, it’s largely been pricked. How do I know? Some of it is gut feel. Some of it is that I am not seeing companies ask for extremely high valuations anymore. Some of it …






Maybe This Is the Year

Uh, this was a pretty amazing game if you didn’t watch it. 2 strikes, 1 out. Squeeze in the 12th to win the game. Cubs came back from a 6-0 deficit. It’s an understatement to say they are due….. If …






The Micro VC Game

This post by Chris Douvos makes a lot of sense.  I have never met Chris but someday I hope I will.  Fund of Funds investors are starting to open up.  I am glad they are.  If you don’t know what …






Potentially Losing My Sanity

If you looked at the title of this post, you might think it’s political.  It’s not.  Yesterday, my wife and I bought a cabin in the Northwoods of Minnesota.  We bought it from my uncles who bought it from my …






Creating Community

Last night, I was at a charity dinner. My wife is on the board of Angelic Organics. We have been interested in the farm to table movement for a long time. We support it in different ways. We buy a …






9 Years of Angel

In April of 2007, we started Hyde Park Angels. It actually came together sooner than that, but it took a while for the legal. We made our first investment in a company called Shuffletech. It was run by one of …






Getting Away From it All

My friend Arnold Waldstein asked a question on Facebook.  Where in Europe do you go to get away from it all?  I don’t know much about Europe, but I know where to go in the US.  Grand Marais, MN.  It’s …






Bug Dope

I am still up in the Northwoods of Minnesota.  We drive back tomorrow.  I am probably coming up here again in August for a week depending.  When you are in the woods, you must have bug dope.  It keeps the …






The Second City of Tech

Crain’s Chicago wrote an editorial about Chicago becoming the Second City for Tech.  In it, they recognized that Chicago’s tech scene has become something.  John Pletz at Crain’s has been all over it for a long time.  I am glad …






Hard Wired For Trouble

I am up in northern Minnesota and I am reading Brian Portnoy’s excellent book on investing. I will blog about it another time when I am finished.  I am on my iPad, and haven’t figured out how to cut and …