big ideas

JP Morgan’s big bet on carbon removal.

They are funding direct-air capture, which is probably my favorite technology solution for removing carbon from the air. The problem is that it requires a lot of energy, so it’s expensive. But by both raising capital for the providers (they […]

better doing

If you don’t ask, you don’t get.

“Last week entrepreneurs reminded me several times of one of my favorite adages: if you don’t ask, you don’t get. While it seems obvious, the reality is most people assume if something isn’t offered up or available, then you can’t […]

retail therapy

The pitfalls of churn rate.

In 2018, as Spotify prepared to go public, this author noted “Spotify is making a common and dangerous mistake in their LTV calculation.” He uses this to make the point that, “Investors and entrepreneurs should shift their attention towards a […]

tech, startups, internet

We need a middle class for startups.

“Problem: There are only two types of businesses on social media: …. Bootstrapped from zero [and] … Raised $100M+ from VCs. … Result: Aspiring entrepreneurs think these are the only two paths to startup success.” There is, of course, a […]

oh, chicago

A debate: what’s an accelerator without funding?

I’m not much of a twitter user but sometimes that’s where the action is! Crain’s reported “Tech incubator 1871 is launching a 12-week virtual program to help Black entrepreneurs start and grow companies.” The catch? There’s no funding. Chicago VC Ezra […]