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Tech In Chicago

Tech In Chicago takes you inside the Chicago tech world. Each week Colin Keeley is joined by Chicago’s top startup founders and venture capitalists to talk about the amazing companies being built right here. Visit TechInChicago.co for more information.
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Now displaying: October, 2016
Oct 27, 2016

Eddie Lou is the CEO and Co-Founder of Shiftgig, a mobile, two-sided labor marketplace connecting large venues in the service and hospitality industries with locally available and previously vetted hourly workers. Shiftgig is one of the leaders in the gig economy, acting as a technology bridge connecting millions of workers with millions of shifts. 

Shiftgig has raised $35M in venture funding from many local VCs including Chicago Ventures, Pritzker Group Venture Capital, and Corazon Capital. 

Before founding Shiftgig, Eddie was a general partner with OCA Ventures, where he invested in software, consumer internet, and business services companies. 

In This Episode You Will Learn:

  • Why Eddie started Shiftgig after being a venture capitalist for many years
  • Who are the people working in the gig economy
  • What have been their most interesting gigs
  • How they got their first customers
  • How they pivoted away from their social network idea
  • How they dealt with a business model that wasn't working and struggling to raise capital
  • Eddie’s keys to building a two-sided marketplace
  • What he’s learned as a VC that has benefited him as an entrepreneur
  • Why he would like more series B investors in Chicago
  • Why he would like to see more risk taking from executives
  • Why Shiftgig acquired BookedOut
  • What's the future of the gig economy
  • What's next for Shiftgig
  • Why you shouldn't be afraid to talk about your idea
  • What's the best way to reach out and cultivate potential mentors

A Few of Eddie's Favorite Books:

Oct 20, 2016

Dan Wagner is the Founder and CEO of Civis Analytics, a startup that helps companies, non-profits, and campaigns leverage their data to develop smarter strategy, make better decisions, and build stronger, data-driven organizations. 

Before founding Civis Analytics, Dan Wagner was the Chief Analytics Officer on President Obama's 2012 campaign, overseeing a 54-person team of analysts, engineers and organizers that provided analytics and technologies for voter contact, digital, paid media, fundraising and communication. After a discussion with Eric Schmidt, Executive Chairman of Alphabet Inc., on election night, Dan decided to keep his team together and start a company. 

In This Episode You Will Learn:

  • How Civis Analytics started with great people and no set idea
  • How President Obama built an empowered meritocracy in his 2012 reelection campaign
  • The differences between building a company and a campaign
  • How Civis Analytics got their first customers
  • What you need to do excellent data science
  • Why the government is getting involved in fighting cancer 
  • The timeline for making progress on the cancer moonshot
  • Why they decided to build an innovative data science company in Chicago
  • Why Dan would like to see more risky financing in Chicago
  • The three things you need to ask yourself before starting a company

Selected Links From The Episode:

A Few of Dan's Favorite Books:

Oct 13, 2016

Tracey Wiedmeyer is the CTO and a Co-Founder of InContext Solutions, the leader in scalable virtual reality (VR) shopping and retail solutions. InContext Solutions lets manufacturers and retailers simulate real in-store shopping situations to ideate, evaluate and activate all types of merchandising, display, layout and other in-store shopping experiences within a VR store environment before implementing them in the real world. Just last month, they closed their Series E round of funding, bringing their total funding to $42.5M. 

In This Episode You Will Learn:

  • Why Tracey and his co-founders started InContext Solutions
  • How he raised their seed capital from his family over Christmas
  • How similarly do people behave in virtual reality vs the real world
  • How InContext Solutions recreates stores
  • How they landed their first customers
  • How they try to lure tech talent away from quant trading
  • What he’d like to see big companies improve on
  • Why you have to focus on ROI and business cases when selling to large enterprises
  • Whether we are in a simulation or not
  • Where the future of virtual reality is heading in 5-10 years
  • What the future of retail may look like
  • How they landed a partnership with Intel
  • How a partnership with a big company can benefit a startup

Favorite Books:

Best Sources to Learn More About Virtual Reality:

Oct 6, 2016

Mark Lawrence is the CEO and Co-Founder of SpotHero, an on-demand parking app and website that makes drivers’ lives easier by helping them find and reserve a parking for up to 50% off. Mark along with his co-founders started the company after managing to rack up thousands of dollars in parking tickets. SpotHero is now one of Chicago's bigger consumer startup success stories. They raised $20 million in Series B funding last year, are in 15 cities, and have a team of 120 now. 

In This Episode You Will Learn:

  • Why he and his co-founders started SpotHero
  • How the product has evolved from the initial idea
  • How they got their first customers
  • What was going through his head when competitors were raising massive rounds
  • Keys to growing a marketplace business
  • How SpotHero approaches launching in a new city
  • Why "If it's not a fuck yes, it's a fuck no" when hiring
  • The benefits of meditation and floatation tanks
  • Keys to keeping the culture as company grows

Selected Links From The Episode:

Favorite Books:

Sponsored By:

  • Propllr: a Chicago public relations firm that helps startups and innovators build credibility and awareness for their companies, people, products and services.
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