article thumbnail

Finance Fridays

Feld Thoughts

I got a bunch, but one that stood out was from a group of incoming MBA students at the University of Chicago Booth. They suggested we call this “Finance Fridays&# to bookend Fred’s MBA Monday’s – I checked with Fred to see if he was ok with this and his response was “Hell yes. The more the merrier.&#.

Finance 135
article thumbnail

Female Founder Interview – Olga Camargo Leads Latinas Fintech Advisory

The Startup Magazine

Olga has a great story as CEO and Founder of SHENIX , a Chicago-based fintech app company focused on financial education and advisory services for Latinas. Negocios Now named Olga among Chicago’s Most Influential 50 Latinos. Crain’s Chicago Business named Olga among “Chicago’s Most Powerful Latinos” in 2019.

Founder 146
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How MakeSpace Recently Closed $30 million in New Funding

Both Sides of the Table

million in capital to build out its operations in 4 cities: New York City , Los Angeles , Chicago and Washington D.C. Today I’m excited to announce we’ve recently raised $30 million in growth finance led by 8VC , with Kimmy Scotti joining our board. Just over a year ago I wrote about how MakeSpace had raised $17.5

article thumbnail

Remind Me Why I Love You? (Why “In Person” is Everything)

Both Sides of the Table

Because you have a unitary focus on financing your company or you die you seem not to miss a beat in thinking about the last meeting and the funder has been whipsawed in 20 directions. New York, Chicago, Boston, etc. I call this the “love decay” and with every passing day it depletes just a little bit more.

article thumbnail

What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

This financial leader could well have come through the finance org at another startup or at a larger company but they often also can come from strategy consulting (Bain, BCG or McKinsey) or through investment banking (Goldman Sachs, Morgan Stanley, etc.). Whereas New York City had people living in close clusters , Chicago and Washington D.C.

article thumbnail

Why Your Next Startup Should Be In Insurance

YoungUpstarts

Their finances are also heavily regulated – insurers have to keep a set amount of cash liquid (to write the big checks) and diversify their assets according to specific rules (so they can have enough cash available for even bigger checks). They require the most money to operate and have to fill out the most complicated forms to get licensed.

article thumbnail

How to calculate the equity split between co-founders in a startup

The Next Web

George Deeb is the Managing Partner at Chicago-based Red Rocket Ventures , a startup consulting and financial advisory firm based in Chicago. The calculation comes as follows: original 50/50 diluted down 20 percent to 40/40 for the financing, and then the one funding founder gets that 20 percent.

Cofounder 136