April 16, 2016

DunRobin Weekender - 16 April 2016
The DunRobin Weekender is a hand curated update on the midwest startup ecosystem. We bring you local news and perspectives from entrepreneurship to investment. If you enjoy what you read here, please consider forwarding it to spread the word. Not getting the weekender regularly? Click here to subscribe!
April 16, 2016
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On Angel Investing

 
"Yes, startup funding really is slowing" - While large market startup fundings, including Chicago, are down significantly YoY, small markets across the midwest are stronger than ever.
"Fidelity Did Not Make A Snap Judgment" - With Chicago startup funding down 25% YoY, Rick Desai of Listen.co reminds us that short term market softness does not effect the long term potential for strong companies. 
"Return of the Classic A Round"Jay Zhao of Granite Ventures discusses the changes in capital market trends for startups and how they have effect funding round sizes and what they will change in the future.

On Entrepreneurship

"The Scientific Marketing Strategy Behind Exponential Growth" - Wilson Hung of SumoMe shows how to implement the scientific method to increase sales
"5 Ways Sales Reps Can Build Trust Faster" - Brandon Redlinger of PersistIQ discusses the importance of understanding the human element in sales.
"One Founder, Both Sides of the M&A Table — What All Startups Can Learn from His Experience" - Jeff Seibert sold two startups back-to-back, and now regularly advises Twitter on acquisition deals from the inside. Here's what all founders need to know about this process.

Illinois Rounds Closed:

  • Livongo: $44.5M
  • Third Eye Health: $325k
Other Midwest Rounds Closed:
  • Onshift: $18M
  • Marxent: $10M
  • Bluebridge: $5.7M
  • Embomedics: $4.3M
  • Ilos Videos: $780k
  • EnsoData: $550k
  • Senseai: $366.51k

Major Tech News:

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The DunRobin Weekend Newsletter is a compilation of timely and classic pieces from around the web, top news from the DunRobin Portfolio, and interesting tech news from around the world. Feel free to share it with your colleagues, and/or update your preferences or unsubscribe from this list.
© 2016 | DunRobin Ventures 
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