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 …

On Vacation

I am flying away for a vacation today.  I need it. I am sort of burned out.  I have had a lot of challenges in my life over the past several years, and it’s time to take a few days …

Our Investment in Megalytics

West Loop Ventures has made its maiden investment.  We lead the post-seed round investment in Megalytics.  Megalytics enables timely, effective investment and management decisions through an automated platform that integrates large and disparate data sources and proprietary algorithms and scoring …

Markets Don’t Lie

Yesterday I had a conversation with someone that really understands the markets.  When you find a person that viscerally understands markets, it’s fun.  That was one thing about where I worked, we had more than a few people that could …

West Loop Ventures Hacking Event

Yesterday West Loop Ventures hosted a hacking event in Chicago.  One of our missions is to educate the community on issues affecting fin tech.  We hope it helps the community, and that entrepreneurs get good ideas and go build a …

A Walk With Tom Sosnoff

I don’t sign up for a lot of email, but I do enjoy getting the Tastytrade email every morning.  I saw their CEO Kristy Ross at the 1871 5th Birthday Bash.  They just rolled out a new brokerage, Tastyworks, which …

Happy Mother’s Day

I have a great mom.  I have a great wife who has created a really great family for us.  Hope you did too.  If your mom isn’t around anymore take a minute and think of her and thank her today. …

Leadership Thoughts

Leadership in startups is huge.  It can help a startup weather the inevitable bad times.  My friend Raman Chadha has been teaching leadership in the Junto Institute for a few years now.  Recently, they announced they were setting up a …

Great Networks Aren’t Passive

I was speaking with someone about networks and network effects.  One thing that came out of the conversation is that great networks aren’t passive. They are active.  Great networks require people to participate.  They might participate in different ways, but …

Make Sure Your Attorney Understands Venture

As the venture industry has expanded, more service providers have entered it.  I loved Jason Calcanis tweetstorm of a few months ago.  In it he said no seed stage company needs a publicist.  It’s up to the entrepreneur to do the …

A Travel Tip

Today I am traveling to San Francisco.  A few weeks ago, I took a trip. A carry-on bag that I had bought on the cheap in 2006 finally died. I started shopping.  I couldn’t make a decision about what features …

Double Nickels

I turn 55 today.  What a long strange trip it’s been.  Thanks to anyone who helped me on the voyage.

Does Your Marketplace Expand the Market?

There are a lot of “marketplace” technologies out there.  Marketplaces make things more transparent.  Good marketplaces show better bids and offers and help people make good decisions.  They have liquidity and a tight bid/ask spread. However, if all a marketplace does …

Biggest Pain Points are Communication

Yesterday I was at the Chicago Booth Management Conference.  In typical Booth fashion there was some socializing but they always have break out sessions with some “rigorous inquiry”.  I went to a session on CFO Perspectives which was interesting.  There …

Building the MVP

When you are starting a company and you are used to working in a big company environment, you haven’t been exposed to the hacking world of startups.  I run into a fair amount of people like this.  They have worked …

“Markets” Are Truly Hard to Understand

Today, the Republicans will vote to repeal and replace Obamacare.  Yesterday, Aetna announced they were pulling out of the Virginia “Obamacare Market”.  Today, the CEO of the NASDAQ released a statement on how they would like to see markets reformed. …