FEATURE STORIES

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20160619-20160619-_jaj5955SECRETS DARK AND OLD

by John Jonelis –  “This eastern bloc squirrel represents the most monstrous and pernicious plot against humanity since the fluoridation of water!” shrieks Jim Kren.  “Eastern bloc squirrels look out for their kind and know who is persecuting them! If you thwart their plans, they figure a way to take care of the problem! Nothing can stop them from getting what they want!”

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20160619-20160619-_jaj5955THE JOB INTERVIEW WITH WILLIAM SHAKES

by Mark T Wayne – “Tell me about yourself.” What kind of softball question is he pitching? There sits William Shakes in frilly regalia, looking like something out of an Elizabethan play. He probably came here straight from an all-night costume party, roaring drunk, and Kren asks a fool question like that.

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20160619-20160619-_jaj5955MILLENNIALS ARE BECOMING OBSOLETE—ALREADY!

by Tom McBride – “Obsolete” was a terrible word. It still is. If something or someone is obsolete, then he, she, or it no longer works. He, she, or it languishes in irrelevance. And then he, she, or it comes to be avoided altogether. Everyone would rather take the side streets. Obsolete things are just in the way. They are like old professors on college campuses. The young sneak behind buildings in order to avoid them.

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20160619-20160619-_jaj5955CHICAGO TECH’S NEXT CHAPTER

by Jim Dallky – Chicago tech is growing up. One sign of a maturing tech ecosystem is the success of a city’s serial entrepreneurs, and recently we’ve seen some of Chicago’s most high profile founders and technologists move on to their next companies, and tackle big industries like the Internet of Things, cancer research, and artificial intelligence.

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20160619-20160619-_jaj5955WHY MILLENNIALS KEEP DUMPING YOU

by Lisa Earle McLeod – You hired us thinking this one might be different; this one might be in it for the long haul. We’re six months in, giving everything we have, then suddenly, we drop a bomb on you. We’re quitting.

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20160619-20160619-_jaj5955TO BE OR NOT TO BE HACKED?

by William Shakespeare, alias Moises J. Goldman and John Jonelis – To be or not to be hacked? That is the question. Whether ‘tis nobler to suffer the slings and arrows of outrageous fortune, or to take arms against a sea of phishes, gouged by creatures who boast no scruple, nor affect any purpose higher than foul destruction—and by opposing, end them? (Editor’s translation—Hackers are a bummer. This is war.)

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20160619-20160619-_jaj5955THE BIG LITTLE TRAP

by Scott M Anderson – Don’t fall into the Big Little Trap. So many investor pitches do. Take A-Dot-Co. The founder of this promising venture believes his future projections are easily achievable. Problem is, nobody else is buying.

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20160619-20160619-_jaj5955THE SUM OF ALL PARTS

Optimizing Human Behavior with a STEM Model

by Moises Goldman – How does one reason, interpret, and convince scientists to modify their own behavior? I realized that I needed another language—a language that both empirical and intuitive thinkers will readily grasp and put to good use. Then my eureka moment came to me. STEM initiatives are defined by basic human bevavior and not the other way around.

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20160619-20160619-_jaj5955THE TRUMP EFFECT

by Erik Clausen – Several months have passed since the U.S. Presidential election, and…we’re still here, folks. After years of political rhetoric and theatrics, and a few months of uncertainty, we are starting to gain some clarity around exactly what the new administration and its policies might mean for the life science industry and, by extension, marketers within it.

Most importantly and as a wise man wrote before the election, “There is no need for panic.”

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20160619-20160619-_jaj5955CHICAGO—THE BEST INCUBATOR IN AMERICA?

by Denny O’Malley – A recently published article names Chicago the best city for early-stage companies. Surprise! What’s wrong with San Fran and NYNY? It costs a kidney to pay rent for a closet.

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20160619-20160619-_jaj5955INNOVATION AND INQUIRY

by John Jonelis – What happens when you invite the community into your high school and send your high school students into the community?

Amazing things! You create a 3rd Space in people’s lives. “You have your home and you have your work and you have third spaces in your life where you feel comfortable and find a community.”

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20160619-20160619-_jaj5955POWER PITCH

by John Jonelis –What happens when you give kids—kids gifted in math and science—a real chance to bust out with their God given talents and excel?

What if you trust them to lay their greasy little hands on equipment normally available only at elite universities? What if you allow them to direct their own time? What if you challenge them to construct their own goals and learn by themselves how to accomplish them? What if you dare them to build real startup businesses at such a tender age? And what if you throw them into a competition against a panel of critical judges from the real private equity world?

What happens? Good things! Good things happen! They happen here at IMSA – the Illinois Mathematics and Science Academy. I’ll give you an intimate peek at the inner works of this educational powerhouse so you can see for yourself what makes this one of the biggest success stories in the country.

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20160619-20160619-_jaj5955THE NAME IS IN2

by John Jonelis –What happens when you give kids—highly gifted in math and science—a state-of-the-art facility entirely dedicated to entrepreneurship? This could be the best-designed business incubator on the planet and the students are going to create real businesses here. Hey—this is too much fun! It sure doesn’t look like high school to me! Where did they put the usual long halls walled by the usual rows of lockers? Where are the standardized rigid rectangular classrooms?

This is IN2, the new entrepreneurship center at IMSA—the Illinois Mathematics and Science Academy—the Statewide high school for the best and the brightest. It’s located near Chicago and students live on campus, as if attending a university four years too soon.

IMSA will host a big party and ribbon cutting for the new IN2 innovation space on the 30th of the month—that’s the 30th anniversary of the school’s founding. I had the unique opportunity to preview this amazing facility. Here’s a sneak peek:

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20160619-20160619-_jaj5955HAT TRICK

by John Jonelis – He can feel it, hear it—his heart—beating hard, beating fast. Pounding above the din of those big nubbly tires and the blast of snow hitting the wheel wells.  Is it anticipation? Fear? Primeval blood lust?

How will it feel to gun down a living animal? Can he really pull the trigger?

Today, Loop Lonagan joins seven seasoned hunters and four highly trained dogs to indulge in what his editor calls one of the great joys in life—slaughtering a few of God’s creatures.  He’s a last-minute stand-in and rounds out the party to eight.  Two hunters per dog.  Perfect!  How did he let himself get roped into this?

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20160619-20160619-_jaj5955ENGINEERING YOUR PITCH

by Stephanie Wiegel – Angel investment deals aren’t made on the spot as the TV show Shark Tank suggests. Instead, entrepreneurs are excused from the meeting after delivering their pitches. If you’re vying for early investment money, what’s said behind these closed doors can make or break a deal.

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20160619-20160619-_jaj5955YOU MIGHT AS WELL DANCE

by Howard Tullman – Not feeling enough love? Yes, techies tend to be under appreciated until spit hits fan. Face it, we humans only understand the degree of our dependence on these machines and systems when they shut down, data disappears, and systems stop delivering the information we need to proceed. Here are three ways to raise your profile.

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unicorn-from-ms-office-tBILLION DOLLAR UNICORNS

by Kenneth M Freeman – The world seems captivated by the growing number of unicorns – private companies theoretically worth more than $1 billion based on their latest round of funding. There are now more than 100 unicorns, led by Uber with a valuation of $66 billion.

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20160619-20160619-_jaj5955DRIVING VALUE WHEN FUNDING RUNS LOW

by David Johnson – The funding environment for early stage startups has been shifting for some time. As shifts accelerate, founders, executives, and investors reassess their strategies. Increasingly, early stage investors are looking to place fewer but more sizable bets on startups that are perceived as having the most promise. This likely will lead to a widening gulf between a clear path to additional funding and a struggle to generate investor interest.

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20160619-20160619-_jaj5955BEST GIFT

by Mark T Wayne – “I know a place where a man can immerse himself in wild nature—where no roads exist for hundreds of miles—a place dotted with thousands of pristine lakes rimmed with Jack Pine and Aspen forests. Populating the woods are bear, moose, deer, and untold numbers of avian species. The waters are teaming with a natural and burgeoning population of gigantic Northern Pike, which by afternoon, lounge so thick in the bays that a man can walk across the water on their backs! Shall I continue?”

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20161004-_JAJDSCN0159-1000INVESTING: IT’S ALL ABOUT THE CASH

by Scott Anderson – One factor is common to all angel investing. Cash. How does the founder determine what she needs? And how does the investor determine if the investment amount is right? Is the cash bank balance projected to be positive at the end of any year? Do the timing needs of the startup match the investment? A process of funding in annual installments may prove more attractive to an investor.

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20161004-_JAJDSCN0159-1000TAKING ONE FOR THE TEAM

by Mark T Wayne – Howard Brookins Jr, the alderman for Chicago’s 21st ward, was biking along Cal-Sag Trail when a squirrel darted into his path. [The Washington Post] The squirrel wrapped itself in the spokes of the alderman’s bicycle. According to the alderman, “I can think of no other reason for this squirrel’s actions than that it was like a suicide bomber, getting revenge.” [The Chicago Tribune]

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20161004-_JAJDSCN0159-1000TRUMPED

by John Jonelis – Political outsider elected president! Nationwide shock! Emotions run wild! Markets in turmoil! Worst riots since Orson Wells’ WAR OF THE WORLDS broadcast!

Loop Lonagan watches the mayhem on television. People on the streets shout lewd obscenities—carry hate signs—crawl over cars—destroy businesses—throw bricks at police. “Da theater of dee absurd,”  Lonagan mutters, “Did deeze folks even vote?”

He continues his impromptu soliloquy. “Why don’t deeze malcontents all move t’ Greece?”  Ah, Greece—where socialism is in full bloom and the weather is gorgeous. “Maybe President Elect Trump will offer free one-way luxury cruises to da Mediterranean and make da Greeks pay for it.”  Lonagan figures that will make everybody happy.  But then he reflects that Greece is bankrupt.  Socialism didn’t work there.

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20161004-_JAJDSCN0159-1000NO GOAT

by John Jonelis – “The longest championship drought for any continuously operating pro team in North America – nay, the world…we never truly thought this would happen. We joked about not seeing the Cubs win it all in our lifetimes. We said that with grins when we were young. We reached middle age, and we said it with blank faces. We grew old, and it curled off our lips like, yes, a curse.” (Rick Telander – Northwest Herald)   Yup, that about sums it up for me. A hundred and eight years! Why should anything change today? Somehow the Cubs will find a way to lose this thing.

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20161004-_JAJDSCN0159-1000ALIEN ABDUCTS FISH, THROWS FISHERMAN BACK

by Ron Kaszubowski – “Then me and my salmon get lifted by a glowing ray into some giant saucer-like ship that smells like fish inside. A tiny man in a silver suit approaches me carrying a long stick with knobs and buttons. He points it at me and the salmon I caught, and babbles something I can’t understand. Then in a flash, I drop like a lead sinker back in the river. But the alien keeps my fish!”

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bobs-bad-poetry-swtIN YOUR FACE RISK

by John Jonelis – “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.

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bobs-bad-poetry-swtHOW BAD IS IT

by Loop Lonagan – 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.

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IMAGINED HORRIBLES

by Larry Hayward – Make a wish—that the corporate venture investment world continues to grow.  Strategic investors are an increasingly vital source of capital for many entrepreneurs.  Who else will put up the cash?  Ask yourself,  “How many financial venture capitalists are investing in material science these days? Or cleantech?  Or hardware?” Not many, right?  So let’s discuss finding corporate investors that understand an entrepreneur’s needs for flexibility and ubiquity.

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THE SAY/DO RATIO

by John Jonelis – 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.

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