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Funding Food Chain Chicago Lean Startup Circle
Chicago Lean Startup Circle • The CLSC brings early stage entrepreneurs together with mentors and leading Lean Startup thinkers to promote business formation in Chicago • Each year the CLSC runs a 12 -week intensive program called the Lean Startup Challenge that’s open to anyone with a new business idea • We want to help founders get from idea to revenue in 12 weeks • Participating Lean Startups include for profit and not for profit organizations, software companies and companies that barely use software
Lean Startup Core Ideas GET out of the building to talk to customers VALIDATE business model assumptions as quickly and cheaply as possible USE agile development to decrease time to market and LEVERAGE continuous deployment to learn as fast as possible
2015 Lean Startup Challenge How To Apply The Chicago Lean Startup Challenge is a competitive program, and we will only accept a select group of applicants. We charge a $200 application fee, all of which goes towards cash prizes for the competition. We will notify you if you are selected. If you are not selected, we will refund your application fee. Remember, the CLSC is all about validated learning, so the sooner you start, the more learning you have!
Reedhina Parikh • Investment Analyst for a boutique fund of hedge funds in Chicago • Reviews and analyzes performance data of various hedge fund strategies in the US and Europe in an effort to identify top prospects for potential investments with the goal of upgrading current portfolios or finding new investments • Primary responsibility for investment due diligence process for new investments • De. Paul MBA
Jim Dugan • CEO & Managing Partner at OCA Ventures • OCA Ventures is an early stage (Seed, Series A, and Series B) venture capital firm focused on equity investments in companies with dramatic growth potential, primarily in technology and highly-scalable services businesses. • OCA invests in many industries, with a preference for technology, financial services, education and healthcare technology. • Founded in 1999, the firm is investing out of its fourth fund in companies spread throughout the United States.
Jeremie Bacon B 2 B Saa. S technology entrepreneur, board advisor, and angel investor Co-Founder of relationship management software company 2015 President and Executive Management team “Intrepreneur” at a Sweden based derivatives trading software company 2013 Co-Founder and CEO of a Research & Portfolio Management platform for alternative asset managers 2003 Institutional Equity Sales & Sales Trading; International equities, structured products, convertibles 2000
Relationship Management You Don’t Have to Manage Connects to the communication tools companies already use. Intelligently organizes customer communication into one shared feed. Filters the feed by relationship, deal, or project.
Andy Pruitt Andy co-founded Data Everywhere, a platform for sharing data between spreadsheets and many other applications, in 2014. Data Everywhere was a member of the Techstars Chicago class of 2014. In 2003, Andy co-founded Backstop Solutions, the leading provider of Investor Relations and Portfolio Management software to Hedge Funds and Hedge Fund investors. During Andy’s time as CTO and then President at Backstop the firm grew to over 100 employees and over 600 clients. Prior to Backstop, he helped found Digital. Work. com (a Draper Fisher Jurvetson company), where he was the Director of Internet Architecture. He graduated from the University of Chicago. He lives with his family in the Kenwood neighborhood of Chicago and is a longtime bike commuter.
Data Everywhere can connect these very different systems together through a simple concept: a data feed. A Data Everywhere feed is rows and columns of data, the formatting associated with the data, the people who may access the data, and the full history of changes to the data. Our Connectors - for Excel, Sheets, Forms, Salesforce, and databases - can gather the data from any source. You can then receive the data with any of our other connectors.
Steven Yang Senior Client Development Manager at Pitch. Book Data Founded in 2007, Pitch. Book is the financial information technology provider behind leading dealmakers and advisors in the global M&A, private equity and venture capital markets. Their core offering is the Pitch. Book Platform, an award-winning technology solution that makes it easy to track and analyze global M&A, PE and VC transactions, along with the limited partners, funds, companies and advisors involved.
THE PITCHBOOK PLATFORM Financial information technology behind leading dealmakers and advisors. OUR DATA Limited partners Funds Investors Deals Companies Financials M&A Advisors People
VC INVESTORS USE THE PLATFORM TO MAKE SMARTER INVESTMENTS NAVIGATE THE VENTURE LANDSCAPE • • • Know what’s going on in the space where they play Scout developing markets and growing sectors Keep tabs on their peers • • • Source and vet investment opportunities Understand grow sourcing channels Price and model deals with confidence with access to the world’s largest VC valuations database RAISE FUNDS FASTER • • • Connect with the right LPs Build better benchmarks Stand out among peers
ENTREPRENEURS USE THE PLATFORM TO RAISE CAPITAL FASTER • Identify and connect with firms that best fit their company • Access insight on investors, lead partners and their portfolios KNOW THEIR VALUE • Access comparable pre- and post-money valuations MONITOR THE INDUSTRY • Track industry trends • Keep tabs on emerging competitors • Stand out among peers
Deborah Hill • Moderator • CLSC member and challenge mentor • SVP at Solovis • Solovis software helps endowments and foundations manage their investments in VC funds, hedge funds and marketable securities • Solovis is two years old and just opened an office in Chicago • Looking for software developers and sales people