Cloud may be a buzzword, but it isn’t a fad. In business and life, people are relying on the remote technology of cloud computing to keep their data accessible and secure. As an entrepreneur building a business, especially a tech-enabled business, you need to understand the different cloud options available and how they fit into […]
We launched the third program in our Entrepreneurial Education Series, “Connecting Corporations and Startups,” on September 24th with our partner 1871 and sponsor The Wall Street Journal. The event brought together powerhouse entrepreneurs, corporate venturers, and corporate executives Jacob Babcock (CEO & Co-Founder, NuCurrent), Hardik Bhatt (CIO, State of Illinois), Rob Diebold (Strategic Business Development […]
So much of succeeding in the entrepreneurial ecosystem is constantly learning from others who’ve been there before. At Hyde Park Angels, we spend as much time teaching as we do learning, and we encourage all entrepreneurs to seek out resources to help them grow. Here are seven essential resources we think every entrepreneur (and investor) […]
THURSDAY PowerPoint Karaoke WeWork Fulton Market: 220 N Green St. Chicago, IL 6:30 p.m. to 9:30 p.m. On Thursday at WeWork’s Fulton Market office, Chicago Inno is hosting PowerPoint Karaoke, an improv-style pitch meetup where challengers have 2 minutes to deliver a completely unprepared pitch. Competitors will pitch their made up startup, which will be accompanied by […]
Understanding all of the technicalities of investment — how you should calculate your valuation, what your term sheet actually says, and what a cap table is, let alone should demonstrate — can an often feel like the most difficult part of the process. Even more than pitching and finding the right investors, understanding the technicalities of investment requires learning and […]
Join Hyde Park Angels at 1871 on September 24 for a dynamic event focused on teaching you how to leverage Chicago’s rich corporate landscape to grow your startup. Our experienced panel of entrepreneurs and corporate venturers will take you through landing corporate clients, building strategy partnership, and even attracting corporate investment. You’ll also have the […]
Understanding investors’ perspectives on risk will provide insights into how they make investments, build their portfolio, and even evaluate your business. Despite deep due diligence, and in most cases — especially among angels — a deep desire to provide the tools and resources necessary for a business to succeed, investors can’t always pick winners. Consequently, many aim to intelligently […]
Receiving a term sheet from an investor can be an exciting time for you as a founder. But you shouldn’t let that excitement keep you from understanding and thinking critically about that term sheet. The better your grasp the terms presented, the more chance you’ll have of effectively starting your long-term investor relationship on the […]
Investors care about metrics, especially your startup’s metrics –number of non-paying customers versus paying customers, customer’s lifetime value, growth rate, total revenue month over month, and the list goes on and on. A lot of times, they’re using data tools to evaluate these metrics even before you pitch them. For example, Mattermark allows investors to […]
More and more, investors are using the “Moneyball” model — an evidence-based, algorithmic approach — to make investments. The idea is that they can use analytics and success metrics to predict the future, and as a result, make better investment considerations. So far, it seems like it’s working. Assuming you don’t already have close relationships with investors, which will […]
