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Why Pornographers & Criminals Make For Great Customers & Chicago Tech History - Jeff Carter / VC at Hyde Park Angels & West Loop Ventures

Jeff Carter is a co-founder of Hyde Park Angels, one of the most active angel groups in the United States, and he is currently raising a VC fund, named West Loop Ventures. Before becoming an angel he was a trader for over 25 years and he continues to trade independently. 

In This Episode You Will Learn:

  • How Hyde Park Angels started?
  • Why traders make for good angel investors?
  • Why having pornographers and money launderers latching on to your product early is a great sign? 
  • Why it has been easier to find LPs for West Loop Ventures outside of Chicago? 
  • Why you have to be a great analyzer of people and not just ideas for seed investing?
  • Why it's important to have a vision for the future as a seed investor?
  • Why VCs can bet on ideas, but angels have to be on people?
  • Why being coachable is so important for entrepreneurs?
  • How an entrepreneur/investor relationship is like dating? 
  • Why he makes a point of blogging everyday?
  • What we have to do to keep growing the Chicago tech scene? 

Favorite Blogs:

Favorite Books:

Selected Links From The Episode:

How To Steal Business Away From Multi-Billion Dollar Competitors - Jacob Babcock / Founder of NuCurrent

How Clean Eating Helped Beat Chronic Illness & Launch Her Startup - Katlin Smith / Founder of Simple Mills