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I think it's a different problem. The good wine sites are behind a paywall. The existing free sites all have crappy content.
1 month ago on The wine industry must adapt or become an anachronism
Kudos to him. His metaphor was wrong-his broader point was right on the button.
1 month ago on Perkins: I regret using the word ‘Kristallnacht,’ but not the message
OWS was a total joke. Once exposed, it was just hard leftists trying a different way to advance their agenda through a populist movement.
1 month ago on Occupy Wall Street leader now works for Google, wants to crowdfund a private militia
A lot of room for improvement in financial media. Bloomberg, CNBC, Fox Business are all about the same-and are personality driven. Check out Stocktwits, Tastytrade.com and tradingview.com to see cutting edge stuff. Check out dittotrade.com and dough.com for cutting edge trading platforms, or likefolio.com, riskalyze.com for interesting new ways to view investments. Financial services is just being revolutionized as an industry. Major players will topple.
1 month, 4 weeks ago on Inside “the richest niche there is” — StockTwits announces new CEO, funding
Bitcoin will probably always have some sort of dollar peg. Tradingview.com has charts in it to help people get a handle on valuation. What they need is an ecosystem to develop. The first step, not the last step, is creating a viable futures market for Bitcoin to allow people to hedge. Then merchants can accept them freely knowing there is a place to hedge without assuming 100% of the volatility. It's not enough to be able to use Bitcoin as a medium of exchange, individuals have to hold Bitcoin as they would any other currency. Only then will it be a true store of value.
5 months, 1 week ago on Andreessen: Bitcoin is like the early Internet
You know why they call it "golf"? The word Fuck was already taken!
5 months, 1 week ago on The Part Where Facebook Thinks I’m a P0rn Star
Nice analysis. It's why the midwest can become a startup machine. The Big 10 region is full of research universities that crank out entrepreneurial students. Our problem is startup capital.
One of the reasons I co-founded Hyde Park Angels (hydeparkangels.com) in Chicago back in April of 2007 was to remedy that situation. Since starting up, Notre Dame has created an angel group, and so has Northwestern.
I don't care if the press keeps ignoring us. But, Illinois and Chicago (my two alma maters), NU, Michigan, Notre Dame, Wisconsin, Purdue, Indiana (founder of Siri) all have very entrepreneurial students. How did Harry Caray used to sing it, "The Midwest is coming tra-la tra-la, the midwest is coming tra-la tra-la". Except you'd have to substitute "Cubbies" for "Midwest"
5 months, 1 week ago on Is your school underrated for tech entrepreneurship?
while they can do the algo's, they can't match the speed. Co-location and other machine read advantages accrue to existing large competitors in the space.
5 months, 1 week ago on Quantopian raises $6.7M to build its quant army and take on Wall Street traders
good VC's don't wait like a judge for deals to enter. Good VCs network for the best deals.
6 months ago on Sheer madness: With VCs get an intro or get lost
Chicago has some places you should not go. This would be a helpful addition to a GPS. Without about five neighborhoods that have become shooting gallaries, the city is pretty safe
6 months, 1 week ago on GhettoTracker is the worst site on the Internet
@DaveMcClure a lot depends on where you are as well. Need the pool of ready capital. a lot of places don't have large pools.
6 months, 1 week ago on A rare defense of venture capital classic
@KeithTeare @DaveMcClure More than that is missing. A round capital and operational expertise. A lot of seed funds these days are analysts, investment bankers, or consultants that can scrounge up enough money to pay themselves. Then they hang out a shingle and spray and pray.
Especially if we look to healthcare. There are SBIR grants, gap funds and all kinds of money to get ideas and protocols to commercialization. Then a death valley.
If you want to find a good place to work, not a busy, messy random coffee shop-go to desktimeapp.com and find one. For the best collaborative environment, that is connected across workspaces, look at nextspace.us
6 months, 1 week ago on How Millennials will shape the future of work
We aren't Silicon anything in the midwest. Usually, midwestern businesses are unsexy and solve problems, earning revenue in the process. There is a great startup culture in Chicago. It's possible to get a job here when your startup fails, and there are plenty of high tech companies here to funnel talent to startups. Wisconsin has a wonderful startup culture in Madison-which could become similar to Boulder.
The biggest problem in Chicago isn't talent. It's money, and having someone with the inside knowledge of how to navigate around. The other problem is many midwestern people have a private equity mindset. That's hard to change, but some more successful exits will help.
6 months, 2 weeks ago on Recruiting young talent away from the Silicon Valley limelight and into…Milwaukee?
There are bureaucratic loving Republicans, and the lion's share of the Democratic party that want big government in all it's forms. Classical liberals are who we want elected. On the Republican side today, Rand Paul, Scott Walker, and Ken Cuccinelli are ones to watch. They want to dismantle the state and go back to individual freedom.
6 months, 3 weeks ago on Why shutting down Groklaw & Lavabit was a bad move
@david pratt "flooded with service vampires who are acting as coaches."--->great point and any accelerator worth its salt will weed them out. Additionally, people should actively weed them out of their local ecosystems
6 months, 3 weeks ago on Let’s kill the demo day and replace it with a one-year reunion
one reason they do it is efficiency. it exposes the company to a lot of investors at once. the companies are curated by the accelerator. the pitch allows the investor to whet their appetite, and cause more meetings.
Mark Suster says he doesn't go anymore. I go for a lot of reasons. One, I am interested to see how the companies I mentored do. Two, to see friends, three to think about their pitches and see if I like anything randomly, or learn some new stuff about something I didn't know about.
The idea of bringing them back after a year isn't a bad one. But, many times they need that early funding to make it a year.
Disrupting education has to happen. Currently, innovators are trying to disrupt it and they are going against an immovable force. Big government bureaucracies and teachers unions.
7 months, 2 weeks ago on Disrupting education
This is a meaningless statistic. There has always been income disparity, and there always will be in a capitalistic society. Marianne Bertrand has done a lot of research on income: http://www.chicagobooth.edu/faculty/directory/b/marianne-bertrand#awards It's not a case of the rich get richer and the poor get poorer.
There are reasons that the poor stay poor, and it has little to do with income. It has to do with skills and upbringing. Poor people generally come from one parent homes, and have poor schooling. They aren't college grads, let alone high school grads. 75% of African American births are to a single mother. Drop out rates are increasing, in high school.
Instead of focusing on accounting and how to divide up a fixed pie, why not figure out how to grow the pie for everyone. Your argument begs a different question, what's the right amount of money? How much should anyone have?
It also ignores the risk people take to make the money they earn. Why do you want to limit risk taking and upside?
7 months, 2 weeks ago on America can kiss its ass and consumer economy goodbye: The view from dystopia
First, money is never a commodity. Money is a precious asset. Startups can't function without it. There are VCs that treat money like a commodity, and their service is commodity service. Big difference.
There is a massive difference between VC funds that assume and understand how to take risk, and funds that just follow-managing capital for investors.
7 months, 4 weeks ago on VCs on the future of VC