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State of Healthcare in Chicago (A $69 Billion industry!)

State of Healthcare in Chicago (A $69 Billion industry!)

The Health Care Council of Chicago (HC3) – an initiative of MATTER and Leavitt Partners – presented a first-of-its-kind white paper outlining the state of the healthcare industry in Chicago, during an event today at MATTER with Chicago Mayor Rahm Emanuel. The report concludes that Chicago’s $69 billion healthcare industry has a diversity of assets that position the city to accelerate innovation and disruptive solutions at a pace uncommon in U.S. cities. “This report confirms what we have long suspected – […]

Why investors are flooding private markets

Why investors are flooding private markets

NEW FROM MCKINSEY & COMPANY Why investors are flooding private markets As investors and asset managers shift away from weakened public markets, private markets are seeing immense growth, which, in turn, is changing the very definition of “performance.” Here is a link to the transcript from the podcast: Why investors are flooding private markets http://bit.ly/2wDU7yz via @McKinsey […]

Startup Port intern spotlight

Startup Port intern spotlight

Frankly we love our interns and along the way, in the last and this year, we had the opportunity to work with fantastic interns from various local Chicago academic institutions. Here is this month’s Startup Port Intern spotlight: Meet Ranga Praveen (DePaul) Ranga Praveen has a Master’s Degree in Information Systems and has a programming background with his Bachelor’s degree in Computer Science and Engineering. He has worked as a Game Developer for almost two years and later as an […]

Seed funding slows in Silicon Valley in 2017!

Seed funding slows in Silicon Valley in 2017!

Veteran seed investors and industry analysts offer a number of reasons for the decline. They cite concerns over inflated valuations as well as a tepid market for initial public offerings, which provide seed funders a way to recoup their investments. After some much-hyped IPOs such as GoPro Inc, LendingClub Corp and Fitbit Inc lost their sizzle, Wall Street has curbed its appetite for shares in unproven private companies with billion-dollar-plus valuations. And while data show that about 70 percent of […]

Smartphones are ruining a generation!

Smartphones are ruining a generation!

Have Smartphones Destroyed a Generation? Smartphones are ruining teenagerhood. The first generation to grow up with smartphones are physically safer than ever, but less interested in driving, dating, or having sex, and far more lonely and depressed. In The Atlantic, Jean Twenge, who has studied generational differences for decades, describes the fundamental shift making teens today unlike any generation before. https://www.theatlantic.com/magazine/archive/2017/09/has-the-smartphone-destroyed-a-generation/534198/ […]

The Crocodile Brain explained!

The Crocodile Brain explained!

I have been talking about the Crocodile Brain for a while but never explained it in details, so I wanted to share with you the reason why the human brain is wired as a Crocodile Brain. This is a paper I started putting together few years ago which I revised recently and turned it into a PDF file today. Enjoy the read and I want your comments. Here is the explanation of: Crocodile Brain syndrome All the best, Hal Tezcan […]

Ask yourself

Ask yourself

Ask Yourself: Do we truly have product/market fit? Without it there is no sense in increasing burn aggressively to drive future growth. For my particular business model (SaaS) there are several indicators to monitor: MRR growth, churn rate, cost of customer acquisition and payback period. For consumer startups it could be usage/engagement, each model is unique. Ask Yourself: Am I scaling up hiring because we have a real need, or am I stockpiling talent because people keep telling me its […]

The visual revolution, or shall we say a pivot to video — an evolution of text?

The visual revolution, or shall we say a pivot to video — an evolution of text?

We’re in the early stages of a visual revolution in journalism. We’re still not exactly sure just how to create the same complicated narratives through visuals and motions. But that’s the opportunity. Written journalism has a strong tradition of storytelling, and it’s not going away. But the new mixed-media formats in social video offer a rich opportunity to deliver complicated news in compelling ways. https://www.recode.net/2017/8/7/16106862/pivot-video-digital-revolution-journalism-advertising-visual-media-storytelling-business-model? via @Recode […]

How product leaders manage their teams

How product leaders manage their teams

Learn how great product managers lead their teams on decision making, delighting customers, and measuring key metrics with Adam Nash. Series of 10 videos. Worth the watch! https://www.startups.co/education/lessons/product-leaders/1  via @startupsco […]

Shit happens

Shit happens

“When startups die, the official cause of death is always either running out of money or a critical founder bailing. Often the two occur simultaneously. But I think the underlying cause is usually that they’ve become demoralized.” So you better be ready: bad shit will happen. It always does in a startup. There is no way out of it. The odds of getting from launch to liquidity without some kind of disaster happening are very rare (winning the lottery has […]

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