“Oh, you’re an angel investor! Isn’t that risky?” I hear such drivel all the time. Are people afraid of outsized returns? Or perhaps they don’t understand risk, don’t know how to measure it, or how to take control of it. Yet all that is quite easily done and it’s a real charge to play the game using a Monte Carlo simulation (MC). I’ll show what’s likely to happen if you follow three simple rules. Then I’ll break one rule—just a little bit—and we’ll use the simulator to see what happens. Continue reading
Lotsa people keep tellin’ me good things about Bob’s Bad Poetry so I’m checkin’ it out. Yeah, yeah, I know what yer thinkin’. But there’s no law against an angel investor goin’ in fer high culture. That’s right, I like literature ‘n’ modern art too—’specially the abstract stuff. You got some problem with that, bud? Hey, me fodder and me mudder’s both Irish ‘n’ both poets, so’s I got it in da genes. Maybe you already figured that out from da way I talk. Continue reading
You lose him. Jack Heyden was your father, your brother, maybe your son. A deep, intimate relationship. You know his profession—not the details, just what he did for a living. Normal so far. Then things start to turn.
His business colleagues invite the family here, and you all come, nerves raw from the shock that death brings. You arrive early, numb from the flurry of duties, people, and rituals that clutter such times and obediently take your seats in front, gazing about the room.
You have no idea what to expect. Continue reading
Chicago’s Launch Competition
by Jeff Segal
Why does a B2B digital marketing agency that works with some of the biggest and best-known companies in America send a team to a startup competition?
Because marketing and startups actually have a lot in common.
- Marketing is about problem solving, and startups are founded to solve problems.
- Marketing is about storytelling, and every startup has a story.
- Finally, a great marketing campaign and a successful startup both make people say, Wow, I wish I’d thought of that!
by Laurence Hayward
It’s common to think of strategic investors, or strategics, as large established corporations that make equity investments in entrepreneurial ventures (and that is precisely how the Kauffman Foundation defines it). However, the reasons they make these investments vary and are more subtle than the definition implies. Continue reading
by Howard Tullman
You’re ambitious, motivated, and totally committed to your company. But are you strong enough to always tell the truth?
New Treatment for Hard to Treat Cancer
A protein, CRR9, serves as a nexus for tumor cell survival. It’s located on the cell surface, making it an accessible drug target. By developing antibodies to the CRR9 protein, Essential Biotechnology has devised a method to kill therapy-resistant tumors. Continue reading
Mark T Wayne hurls his cigar to the barroom floor and grinds it under his heel. “Lonagan, you’re a consummate ass!”
“Shuttup ‘n’ have anudder whiskey.”
“You sir are heavily inebriated.” Wayne’s voice resonates above the noise of the crowded bar. “I know better than to get tight oftener than once in three months.” He lifts his chin and peers down his nose at Loop Lonagan. “It sets a man back in the esteem of people whose opinions are worth having.” Continue reading
If you run a startup you’ll hit a wall or screw up big-time at some point. It goes with the territory. What doesn’t is letting yourself get stopped. Adversity doesn’t need any help. There are things you can do to right the ship—and the first is to right yourself. Continue reading
What if y’could combat starvation by producin’ yer own meat ‘n potatoes—and do it right at da local food bank? Hey, I’m lookin’ at a real working prototype here. What about a solution to student debt? Or, maybe fer yer next birthday party, ever’body plays laser tag with drones? Or learns music real fast? Or gets a little help rememberin’ stuff. I can use summa that. Continue reading