venture capital

Join the HPA Team: Analyst

Join the HPA Team: We’re Hiring an Analyst!

About HPA HPA is a leading early stage investor. Our People First model leverages world-class operating expertise, a powerful business network, and venture capital to fuel startup success. As a result, our founders transform their businesses into industry leaders, our investors generate best in class returns, and our community experiences job creation and economic growth. […]

February 22, 2022 By Cate LeSourd
Talent and HR Guide

HPA’s Talent and HR Resource Guide During COVID-19

HPA recently created a resource guide that aggregated information on finance assistance and business operations. Meanwhile, we continued to monitor news and developed this secondary resource guide that focuses on HR and talent topics, decisions and best practices.  Due to the financial impacts of the pandemic, companies are having to make tough business decisions. As […]


How Startup Equity Can Impact the Average Tech Employee

When the first startup I worked for was acquired in 2010, my equity—which I did not have full appreciation of up until that point—cashed out on the lower end of the four-figure range. That is not the level of value that we tend to get excited about when we talk about startup equity, but it […]

June 30, 2019 By Heidi Craun

Why Chicago Needs to Be More Vocal About Equity to Compete Nationally

This is the first article in a three-part series on the benefits of giving all startup employees equity. The next article will explore the opportunity Chicago has to leverage equity to create more founders and people capable of taking risks on very early-stage companies. Last month, Chicago Inno published an article on why some startups choose to bootstrap rather […]

May 25, 2019 By Heidi Craun
venture returns

Why The Midwest Drives Top Venture Returns

While startup and venture performance in the Bay Area is a valuable datapoint that provides meaningful insights into our industry, I recommend a different strategy for evaluating our respective ecosystems’ health. To get an actionable — not to mention less daunting — perspective of our performance, we must look beyond the Bay and across all […]

May 18, 2019 By Pete Wilkins
Under-The-Radar VCs

11 Under-The-Radar Chicago VCs You Should Know About

In my most-recent Forbes article, I shared about 12 Chicago-based VCs that are behind hot startups both within our region, like G2 Crowd, and beyond, like SpaceX. These firms tend to get a lot of buzz and make national headlines, but they are far from being the only venture investors in Chicago that fuel entrepreneurs. There […]

March 22, 2019 By Pete Wilkins
Top Midwest raises in 2018

Breakdown of biggest VC raises in Midwestern states in 2018

As the new year gets underway, 2018’s fundraising numbers are rolling in, allowing us to get a snapshot of how the Midwest’s top startups fared. It was a good year for the Midwest, which we define here as Minnesota, Wisconsin, Illinois, Indiana, Michigan, and Ohio. Here is a list of each Midwest state’s top VC […]

January 14, 2019 By Pete Wilkins