I dug into the Chicago tech scene going back ~50 years. How many successful tech companies were founded here? Who is behind them? How much value have they generated? I struggled to find good data, so I did some research...
Chicago Tech’s $100M List: https://t.co/T8gXJMj4l7
“Today we live in a society in which spurious realities are manufactured by the media, by governments, by big corporations, by religious groups, political groups... So I ask, in my writing, What is real? Because unceasingly we are bombarded with pseudo-realities manufactured by very sophisticated people using very sophisticated electronic mechanisms. I do not distrust their motives; I distrust their power. They have a lot of it. And it is an astonishing power: that of creating whole universes, universes of the mind. I ought to know. I do the same thing.”
― Philip K. Dick
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This hit home:
"There was a generation that grew up in a time where technology was a distraction from their real lives.
Today's generation grew up in a time where their real lives are a distraction from our digital lives."
Congratulations to everyone who took part in our #BuildwithClaude hackathon over the weekend!
We’re so inspired by all of the passionate hackers and their innovative solutions.
Let’s take a look at the winners:
TEWG Pilot Spotlight: Chicago Venture Fellows! This pilot is a four-month intervention, led by @chicago_blend, that brings together aspiring VCs from marginalized backgrounds. We’re proud to be scaling this impactful initiative! Learn more here. https://t.co/q0cbuNzKP9
Yesterday I had the honor of testifying to Congress for a bill that would increase the limits of LPs into a Venture fund from 100 to 600. While many got to see my oral statement here is a copy of my longer written statement.
https://t.co/Mdp5I4ka7v
We're thrilled to announce our new Black Digital Art Collective, which will bring together cultural leaders, Black creators, digital artists, and our larger community to invest in and illuminate Black culture and art in Web3. Read more via @boardroom https://t.co/8joXuFBt10
Today, the full 11-episode season of The Network Effects Masterclass is open for founders everywhere, for free.
Thanks to 6k+ people from the startup community who helped preview this project prior to launch.
Start watching & let us know what you think:
https://t.co/4MGg1ne2jB
Every successful company I can think of started out doing something that bares only a passing resemblance to what they eventually became successful with.
Coca-Cola started by selling medicine, Amazon started by selling books and Netflix started by renting DVDs.
There’s a multibillion dollar startup opportunity waiting to be built in wealth management.
- Large Market: 600k millennials with $3T+ in assets
- Fragmented: Mix of legacy institutions and 1000+ boutiques
- Low NPS: Subpar product experience
Here’s how I think it plays out: