Posts tagged Associated Press

A Rise From The Ashes

Forgive any Chicagoan this morning. They were probably up late last night. The Blackhawks won the Stanley Cup.  They have won 3 out of the last 6 in a salary capped world.  That’s a dynasty.  What a great team.  Great …






The Obama Trade Bill

I am surprised at all the controversy around the Obama trade bill.  Free trade is good for everyone.  The less we tax, tariff and protect trade the better.  Many subsidies that go to US Corporations started because of protectionism. What’s …






An Empty Nest

On this date 28 years ago, my wife and I got married.  I think everyone has a long and twisty road in life-mine is no different.  At our wedding, one of my groomsman passed out.  When he fell, it sounded …






People Are Afraid of Freedom

Freedom is incredibly scary to people.  They like the concept, but the reality brings fear into their gut.  That’s why I love the lectures you hear from people that say they found strength in being vulnerable, they found strength in …






Is It A Billion Dollar Idea or Not?

One of the tough things when you seed invest is to figure out if the company you are analyzing is a billion dollar idea or not.  It’s so hard that Brad Feld has said it’s impossible.  I think we focus …






How To Save Illinois

Bill Gurtin runs a 9B Munibond portfolio.  When asked if there were places in the US he absolutely would not put money at any prices, he named two places. 1. Puerto Rico 2.  Illinois That’s how bad the state finances …






Why Exchanges Show the Book

(the original post I put up was a draft of this one.  I am having some WordPress trouble) Scott Nations and I were chatting on Twitter about the recent escapades in the market.  One thing Scott tweeted was If they …






Is There a Tech Bubble? What’s the Value of a Network?

One of the problems encountered when trying to figure out if tech companies are in a bubble or not is that this isn’t 1999.  Here are some differences: 50 times more internet users than 1999 180 times the bandwidth People …






Speed Kills, and Can Kill Markets Too

Interesting stat by the NYSE.  Turnover in stock trading is down.  It’s been steadily dropping since 2007.  One reason for the increase in turnover back in 2007-2009 was the market crash.  Volume exploded and some people got out, some got …






GE to Spin Off Banking Operations

Interesting to see bulky corporates start to slim down.  Hewlett-Packard ($HP) did it.  Kraft spun off Mondelez.  Motorola busted itself into several pieces.  Yesterday GE ($GE) decided to spin off it’s GE Capital Arm. I think there is a very …






Farming Meets Tech-People Got To Eat

Silicon Valley is discovering farming.  If anyone in the Midwest was looking for a building block to stick in a foundation for a Midwestern tech ecosystem, farming is a strong block to build off of.  One of my first angel …






Rebooting Wrigley

Yesterday was Opening Night at Wrigley Field.  Being the long suffering Cubs fan that I am, I went.  You might have heard they are rebuilding Wrigley.  Currently, they’re rebuilding the bleachers, all the street infrastructure and they put in a …






Is Tech For Normal People?

Built In Chicago is a website that highlights the tech sector in Chicago.  The sector is growing quickly here.  But, I sort of dislike the designation, “tech sector”.  For the average individual, it implies that only computer nerds are hacking …






The Great Unbundling

Have you seen this photo? Or this one from a while ago? A lot of great businesses have been built in the last ten years by unbundling.  Technology is moving so rapidly today it’s possible to create very large markets …






Sometimes You Lead, Sometimes You Follow

In venture capital, most of the time it is best to be in front.  Be ahead of the curve and the herd.  That’s where the real money is made.  But, you can’t know everything about everything and so sometimes you …






Trade Following Apps

Over the course of the decade, I have seen a lot of companies doing “trade following”.  Essentially, it’s one trader that others sign up to follow.  You put your trade on right alongside them.  The thought is that you will …






Republican Congressman Aaron Schock Resigns

Republican Congressman Aaron Schock resigned.  Too bad.  He is young, 33.  He had a bright future in politics.  That being said, I think his resignation is a teachable moment for America.  First, the fact that I wrote, “bright future in …