While most of our lives have transcended into the digital world through experiences such as social networks, friends are still very much tangible. We make friends because we share common ideals, motives, beliefs, activities, influences, communities and even consumption patterns. Social media sought to capitalize on this relationship by broadcasting our lives to the world and then selling them to the highest bidders (i.e. advertisers and retailers) for lack of a better illustration. The effects of this commercialization of our digital lives has left a divide in the purpose and utility of social networks begging to ask the question whether our friendships and connections online have become nothing more than apparatuses for advertisers and marketers to spam us through? Continue reading
Category Archives: The Economy
Recently, Inc.com published an article about the best cities for early-stage companies. The premise: Chicago is the surprise winner.
Why would that be? San Francisco and New York are both beautiful, thriving cities that dramatically represent the diversity of American ideas. San Fran—younger, more venture-oriented, with beautiful natural vistas. New York—the classic, bustling private and public equity concrete jungle.
What do they have in common? It costs a kidney to pay rent for a closet. Continue reading
The funding environment for early stage startups has been shifting for some time, but as shifts accelerate, founders, executives, and investors should look to reassess their strategies to ensure that they remain optimal in a capital constrained environment. Q2 2016 saw the lowest rolling 12-month average deal flow for early stage investments since Q2 2013, this in spite of actual early stage dollars invested having increased by 127% over that period. Increasingly, early stage investors are looking to place fewer but more sizable bets on startups that are perceived as having the most promise. This can, and likely will, lead to a widening gulf between early stage startups that have a clear path to additional funding and those that may struggle to generate investor interest. Continue reading
By John Jonelis
“Tell me a story, Uncle Loop.”
“Okay Princess, that’s what I’m here for. First let’s get you all tucked in and ready fer bed.” Loop Lonagan sits back in the chair and opens the news app on his phone. “Let’s see what we got here.” He runs down the headlines.
- “GANG SHOOTING ON HALSTED—No that’ll just get ya all riled up.”
- “TERRORISTS ABDUCT CHILDREN—Nope. Too scary.”
- “LOCAL REP ACCUSED OF EMBEZZLEMENT—”
“What’s ‘bezelment, Uncle Loop?”
“Ferget it kid. Way too boring . Here’s another one.”
- “TRUMP IN BED WITH CLINTON—”
The small voice turns suddenly shrill. “That one! Read me that one, Uncle Loop. It’s a bedtime story.” Continue reading
What if you can make oil out of water? What if, you also end up with more water? A discovery like that will benefit our country and the world.
The technology now exists. Commercialization is beginning. Continue reading
John Jonelis –
The audience roars! This roomful of raucous investors demand answers the way hungry wolves tear at meat. Men and women shout as if in the trading pits of the CME. I see wallets wagging in eager hands, but the kids presenting tonight are unprepared for such a high level of scrutiny and the questions keep coming—one louder than the last. Now the speaker shouts to be heard as the meeting spirals out of control. Continue reading