The document discusses the Chicago startup scene. It notes that Chicago is becoming a major hub for Midwestern startup culture, though it still has progress to make to build a fully sustaining startup ecosystem. Some key challenges it faces include a lack of seed and Series A capital, a more cautious Midwestern sensibility, and the need for more experienced entrepreneurs and engineers to build up networks. The document outlines several industries like financial services, manufacturing, and healthcare where Chicago startups could see success. It urges readers to get involved in supporting the local startup community through activities like becoming customers, making introductions, providing mentoring or feedback, and investing.
Gave a couple of lectures at the University of Illinois. Hit on a couple of themes. Where I see new pain points, and that they should stay in the Midwest and build their business.
Presentation to a Finance class at Illinois. Talks about how markets have changed, and how big data can integrate itself into tools for financial planning and trading-and to get a jump on the markets.
Gave a couple of lectures at the University of Illinois. Hit on a couple of themes. Where I see new pain points, and that they should stay in the Midwest and build their business.
Presentation to a Finance class at Illinois. Talks about how markets have changed, and how big data can integrate itself into tools for financial planning and trading-and to get a jump on the markets.
If you're a college student, learn more about startup internships and careers. What roles are a fit for interns and recent grads, how do you find them, and how do you pick a good startup to work for? If instead you want to start your own business, how do you fund it?
On Friday, July 31st I presented this Slideshare to more than 50 entrepreneurs who are part of the latest OnDeck Fellowship cohort. We walked through how to run a fundraising process and how I run my own investment process as an angel investor.
Dare to do Legendary Things - from Mike Maples, Jr at Stanford Entrepreneuria...Mike Maples, Jr
some viewers of the Stanford Entrepreneurial Thought Leaders pitch, featured here http://stanford.io/1M3zhZ9 have asked Floodgate to post a link to the presentation deck.
These are the things I learned about Angel Investing. If you're thinking about investing in startups, either directly or via services like AngelList, my hope is that these tips can help you avoid some common mistakes.
This is a free orientation to help new and aspiring entrepreneurs learn how to plug in to the Dallas startup scene. Get the inside scoop from one of the local community leaders to get acquainted with the exciting entrepreneur scene in Dallas.
If you're a college student, learn more about startup internships and careers. What roles are a fit for interns and recent grads, how do you find them, and how do you pick a good startup to work for? If instead you want to start your own business, how do you fund it?
On Friday, July 31st I presented this Slideshare to more than 50 entrepreneurs who are part of the latest OnDeck Fellowship cohort. We walked through how to run a fundraising process and how I run my own investment process as an angel investor.
Dare to do Legendary Things - from Mike Maples, Jr at Stanford Entrepreneuria...Mike Maples, Jr
some viewers of the Stanford Entrepreneurial Thought Leaders pitch, featured here http://stanford.io/1M3zhZ9 have asked Floodgate to post a link to the presentation deck.
These are the things I learned about Angel Investing. If you're thinking about investing in startups, either directly or via services like AngelList, my hope is that these tips can help you avoid some common mistakes.
This is a free orientation to help new and aspiring entrepreneurs learn how to plug in to the Dallas startup scene. Get the inside scoop from one of the local community leaders to get acquainted with the exciting entrepreneur scene in Dallas.
Why your professional reputation matters more than ever - Interview with Per ...Digoshen
Katy Caroan interviews Per Frykman as part of the Digoshen webinar series on July 7, 2016. Per shares key trends and actions Executives and Board Directors can take to learn more and develop their professional reputation online as well as offline.
El derecho de sobreelevar en la propiedad horizontal y el contrato que le da nacimiento. Titularidad del derecho. Adquisición de las nuevas construcciones
Tech Entrepreneurship as an Opportunity Builderfrontlinesol
This Gathering of Leaders 2014 session demystified what tech is and explored the development and expansion of tech entrepreneurship opportunities for men of color.
Entrepreneurship: Global Transformation EngineDonna Harris
The Internet Revolution is the Industrial Revolution of our time. With social, mobile and cloud technology, disruption is coming to every single industry. Anyone, anywhere can create the next great high growth company; and entrepreneurship is truly becoming a global phenomenon. With the massive changes coming to early stage capital markets, today's entrepreneurs will be more powerful and more disruptive than we can imagine.
Ideas to take the Puerto Rico VC Industry (or any country for that matter) to the next level. Policies, ecosystem development, think globally, liquidity and trust.
20 most innovative companies in Fintech IndustrySumit Roy
Global fintech financing has more than trebled in the past three years to an estimated US$3 billion annually and the level of innovation in the financial services sector has been unprecedented over the past 12 months. The level of spend and intensity of focus will – and already has – led to the development and release of products and solutions that will change the way customers view and interact with their financial services
Creating Global Ventures - The Next Challenge for Japan's Evolving Venture Ha...Allen Miner
Presentation on SunBridge and the evolving environment for Entrepreneurism and Venture Capital in Japan given at Stanford University US-Asia Technology Management Center April 20, 2010. Identifies failure to expand internationally as a key failure of Japanese startups relative to their peers in the US and Europe.
All about Startups! Definition, Stages, Sources of Funding, Obstacles, Reasons of Failure, Different Scenarios of India & U.S., Case studies on Whatsapp and Flipkart.
Agile Project Management for Nonprofits501 Commons
Are you looking for ways to remove dysfunctions, waste, and inefficiencies in your non-profit organization? Whether it is a technology or a non-technology project for non-profits, this quick introduction to “Agile” – a modern project management approach can help you get more done more efficiently with full engagement of your team and stakeholders.
In this workshop you will learn how Agile has caused tremendous disruption and innovation in today’s networked global economy and what are the future possibilities. You will specifically learn how to adopt Agile practices to do twice more in less than half the time at your non-profit organization. Agile practices are aimed at responding to changing organizational demands by reducing waste, incorporating program improvements more quickly, and working collaboratively.
Agile is a mindset and it requires a mind shift from individual performance to team progress. It emphasizes the ability to adapt to changes and provide organizations the framework to adapt in a predictable way with a minimal amount of waste, such as from over planning. In Agile, teams incorporate frequent feedback, from both internal and external stakeholders, and work in short iterations, with the goal always to get something viable in front of an individual for feedback. Everyone works as one team to get work done.
Specifically, participants will learn the benefits of Agile, how to become Agile, the role of a team in a scrum environment, and an overview of scrum roles.
Chicago VC & Startup Ecosystem - RBL1 - Rebel One ResearchRebel One
For Rebel One we take pride in elevating entrepreneurs wherever they are. In our ecosystem research report on Chicago we identify the venture capitalists, incubators, accelerators, startups, and other players that help the startup ecosystem flourish. Check out our latest report here.
Digital Transformation Strategy - 4IR AI Blockchain Fintech by Dinis GuardaDinis Guarda
Digital transformation strategy
How to be a business fit
In a time of 4IR AI Blockchain Fintech
The future of all businesses and related industries is all about disruption – and that’s a good thing
Disruption across all industries is inevitable, but rather than bracing for the change, businesses should be confident to accept and embrace it.
This is the only way to be fit in a digital transformation 4IR time.
by Dinis Guarda,
author, CEO founder ztudium - openbusinesscouncil.org - fashionabc.org - intelligenthq.com
When operating a startup, there are too many things on your plate that you need to take care of. You have a service/product to develop, a team to manage, and deals to seal. Understanding this importance, CA Mitesh Katira – A Startup Enthusiastic is all set to host a session on “How To Make A Startup Standup “on 02nd December at the Ghatkopar Study Circle at 6.00 pm to 9.00 pm .
Presentation I gave to the National Asssociation of Realtors on November 2, 2017 in Chicago, IL How to use new tech in their business to make more money and speed transactions.
2. About Jeff Carter
• Partner, West Loop Ventures; Co-Founder Hyde Park Angels
• Born and raised in Chicago
• linkedin.com/in/jeffrey-r-carter
• Independent investor, CME Member for 25 years, former Board
member
• @pointsnfigures (Twitter) Pointsandfigures.com-blog
• Passionate about helping outstanding entrepreneurs turn promising
concepts into market-leading companies.
3. Society is Rapidly Changing
“Startups are transforming our
society. Over the past 100 years,
we’ve gone from an industrial era
to a post information era where
the network is rapidly disrupting
the hierarchy and transforming the
way we work and live.”
-Brad Feld, Foundry Group
4. Unbundling of Industries
“What’s different today is that we are seeing on a daily basis
revolutionary new ideas, devices, and form factors, not evolutionary
enhancements.”-Arvind Sodhani Intel Capital in the WSJ (Jan 1. 2014)
The Megatrends
Networks not Hierarchies
Organizations operate from top down. Software and technology enables them to
be flatter, fleeter, and first.
Everything Will Be Unbundled
Organizations that are generalists will be disintermediated by focused
competitors that engage specialized business silos
Everyone is a Node on the Network
Mobile technology makes everyone a node on the network they operate in. This
has deep ramifications for companies and society
Software is Eating the World
Technological changes are changing the way we produce, interact and transact
enabling flatter, customized chains of distribution and peer to peer networks.
5. Trends In Venture Capital
“Smaller funds with smaller
check sizes were 2-3x more
likely to produce “venture
returns”-greater than a 3x
TVM-than deals in larger
funds.
In our view, small specialist
VC funds are better
positioned to exploit the
current opportunity than
larger VC funds, which often
avoid smaller venture
deals.”-StepStone VC
Research Report, June 2013
8. Series A Funding Gap
Series A funding gap is especially acute in the Midwest. There are opportunities to invest in
sustainable, disruptive businesses in the Midwest. Current headline VC funds cannot meet
the need, nor do they have the networks to source deal flow.
9. Chicago is the Hub
Chicago is the hub for
Midwestern startup culture. In
2012, a new startup company
was formed every 48 hours.
Strong in B2B, the Midwest is
poised to ride megatrends and
next waves in innovation.
The Midwest is home to 129 of
the Fortune 500, some of the
largest PE funds and Family
Offices. All represent a deep
pool of potential buyout
partners
In the last five years, there were
$23 Billion worth of exits out of
Chicago and this region- source
“Fast Company”
10. Chicago Ecosystem
• Seminal Moments were around 2005-2009
1. New Venture Challenge-University of Chicago
2. Hyde Park Angels
3. Excelerate Labs which became
4.
5. UI Labs, Matter, Chi. Innovation Mentors
It takes a minimum of 20 years to build a sustaining
ecosystem—be patient; Chicago has a ways to go.
11. Midwest Embracing
Entrepreneurial Movement
•
Top research universities in the “Big Ten” states are under pressure to monetize
resources via startup companies. Some examples:
– Champaign/Urbana (Top tier Engineering and Business, UI Labs, Illinois Launch)
– Chicago Booth, Kellogg , DePaul, Notre Dame(New Venture Challenge, Polsky
Center, Levy Center, Coleman Center)
– Madison (UWisconsin, Gener8tor)
•
Major Midwestern cities are actively encouraging entrepreneurial movements
• Indianapolis/West Lafayette/Bloomington (INpac, SproutBox)
• Emerging start up ecosystems in Minneapolis, Kansas City (Google Fiber), St. Louis,
Ann Arbor, Detroit, Columbus, Cleveland, and Cincinnati
• Virtually every major university in Big Ten country are emphasizing entrepreneurship
programs on campus. Even small schools are embracing the entrepreneurial
movement.
12. Chicago Potential
Where Can Chicago Be Successful as a Startup Power
Player?
1.
2.
3.
4.
5.
6.
7.
8.
Financial Services (ycharts.com)
B2B-Manufacturing, Services (UICO.com, Intellihot.com)
Real Estate (desktimeapp.com, Nextspace.us)
Travel, Logistics, Supply Chain (supply-vision.com)
Healthcare (healthy-txt.com)
Agriculture (farmlogs.com)
Personnel (JuvodHR.com)
Retail (bucketfeet.com)
If we try to be just like Silicon Valley, we will fail.
13. Immediate Challenges
1.
2.
3.
4.
Money-not enough seed stage capital in Chicago
Money-not enough Series A capital in Chicago
Midwestern Sensibility (these are crazy, no money ideas)
Density and Relationships-need more engineers and
entrepreneurial minded people locating here to build
network
5. More Successful Exits-successful companies exiting for big
numbers (Groupon, Braintree, Grubhub)
6. Corporate participation-as customers, investors and as
acquirers
7. Government participation-as customer
18. Would You Have Invested?
• Company turns 140 typewritten characters into a microblog (Twitter initial
description in 2006)
• Delivery service that brings fast food to you (founded 2006 as Grubhub,
IPO in 2014)
• Company that helps online and mobile businesses accept credit card
payments by providing merchant storage, payment gateway (Braintree,
2007, acquired by PayPal for $800M)
• Company that creates memorable experiences for customers and
employees (founded 2012, KapowEvents.com)
• Company that allows strangers to rent a room in your house or apartment
(Airbnb)
• Social network for math and science geeks (founded 2012, Brilliant.org)
• A company that provides free stock market charts (2008, ycharts.com)
• Company that allows hourly workers to change their shift or find extra
work (2010, shiftgig.com)
19. What Can You Do?
1. Become A Customer of A Startup
2. Make an Introduction to a Potential Customer
3. Mentor Entrepreneurs for FREE utilizing
Ohours.org
4. Give Startups FREE Feedback
5. Talk about the local Startup Community with
your friends, neighbors and work associates
6. Invest via an angel group, or local early stage VC
fund