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$1.6B in funding and $7B in exits: Chicago tech just had its best year ever

builtinchicago.org

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Re: $1.6B in funding and $7B in exits: Chicago tech just had its best year ever

#81

Post by xvirk »

michaelochurch wrote: post #78
mrchicity wrote: post #77

Earlier quoted context omitted.

Traders don't want to hire job hoppers because it's a negative signal about their abilities and ethics. First, if this guy is really so great, why has he flamed out of 3 firms in 5 years? Either he's lying or has some serious personality defect. Second, do I really want a guy who's bounced from firm-to-firm glomming up ideas and IP? Won't he do the same thing to me? Going away to do a startup doesn't send the same si…

Traders don't want to hire job hoppers because it's a negative signal about their abilities and ethics. You're wrong. I can make the same argument against people with long tenures. Some people, when they realize that they've been passed over for a promotion or that they're not being groomed for the role they want in the future, bounce (external promotion). That's the honest thing to do. Others stick around, play poli…

are your comments always grayed ?

Re: $1.6B in funding and $7B in exits: Chicago tech just had its best year ever

#82

Post by monksy »

mrchicity wrote: post #75
monksy wrote: post #57

Earlier quoted context omitted.

>It's because Chicago's culture is excessively risk averse. There seems to be a tendency to seek permission or acceptance from peers and others before taking a risk (either in business, fashion, life, whatever). Absolutely. Many of the early startups were based on needs that could serve people and corporate partners. We don't have a lot of app based businesses.

Are you implying that's a bad thing? Maybe if you want to go public with some insane P/E ratio selling the dream, but B2B tech businesses serve the economy, provide useful jobs, and have staying power.

I'm suggesting thats a great thing. Trying to startup a business with extremely small margins and for all of the public is an effort based on madness.

Re: $1.6B in funding and $7B in exits: Chicago tech just had its best year ever

#83

Post by michaelochurch »

xvirk wrote: post #81
michaelochurch wrote: post #78

Earlier quoted context omitted.

Traders don't want to hire job hoppers because it's a negative signal about their abilities and ethics. You're wrong. I can make the same argument against people with long tenures. Some people, when they realize that they've been passed over for a promotion or that they're not being groomed for the role they want in the future, bounce (external promotion). That's the honest thing to do. Others stick around, play poli…

are your comments always grayed ?

Ever since I exposed Spiegel for what is probably a self-serving PR move exploiting the Sony hack, I've had at least 4 stalker down voters. It's obvious because they tend to hit at the same time.

Re: $1.6B in funding and $7B in exits: Chicago tech just had its best year ever

#84

Post by FeeTinesAMady »

michaelochurch wrote: post #83
xvirk wrote: post #81

Earlier quoted context omitted.

are your comments always grayed ?

Ever since I exposed Spiegel for what is probably a self-serving PR move exploiting the Sony hack, I've had at least 4 stalker down voters. It's obvious because they tend to hit at the same time.

Have a link to the article which contains your comments about that? I'd like to read them.

Re: $1.6B in funding and $7B in exits: Chicago tech just had its best year ever

#85

Post by michaelochurch »

FeeTinesAMady wrote: post #84
michaelochurch wrote: post #83

Earlier quoted context omitted.

Ever since I exposed Spiegel for what is probably a self-serving PR move exploiting the Sony hack, I've had at least 4 stalker down voters. It's obvious because they tend to hit at the same time.

Have a link to the article which contains your comments about that? I'd like to read them.

https://news.ycombinator.com/item?id=8764572

Not everyone who downvoted that (admittedly, not well-expressed, insofar as some thought I was accusing Spiegel of causing the Sony hack rather than simply benefitting from it) comment was a Speigeloid. The Spiegeloids are the ones who have been repeatedly downvoting random comments of mine just because I wrote them. (Or, an alternative explanation would be that the Hacker News community has suddenly become much meaner... but I doubt that.) In other words, stalker-downvoting (seeking out someone's comments and, without reading them, downvoting them).

I have no idea when it comes to their personal identities, but I know that I have at least 4 stalker-downvoters. They could be sock puppets of one person. For all I know, it could be Spiegel himself (but I doubt that).

Re: $1.6B in funding and $7B in exits: Chicago tech just had its best year ever

#86

Post by xasos »

trentmb wrote: post #40
tedkalaw wrote: post #28

Earlier quoted context omitted.

There's actually a UIUC alum center in SF - http://www.sfbayillini.org/ . The last estimate I heard was that there are somewhere around 40,000-50,000 UIUC graduates in the Bay Area. I grew up in Chicago, graduated from UIUC, and I live in SF and work in Silicon Valley. When I moved here, I didn't need to make any new friends if I didn't want to - when I got here, my entire friend group and extended UIUC social networ…

Dumb question- is the SF alum center open to non-CoE folks? I was a math major that took a handful of CS classes... and am in desperate need of employment, but no one seems interested in giving entry-level dev work.

I would guess so. There are tons of startups out there, you just have to find one. Try Angelist[1] or Crunchbase[2] and you should be able to find something. If not, contract work isn't bad either.

[1] http://angel.co

[2] http://crunchbase.com

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