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Status Updates’ Category

Crain’s feature on Excelerate Labs

John Pletz and Crain’s Chicago Business did a nice job highlighting some of the back story on Excelerate Labs this week.

“The main stage at the House of Blues is 40 by 20 feet, the centerpiece of a dark vaudevillian space that holds 1,300. It’s where you go to cash in.

The conference room at Excelerate Labs in 1871 at the Merchandise Mart is just 10 by 15 feet, stark, bright and white, with room for about a dozen. It’s where you go to pay your dues.

The entrepreneurs who come to Excelerate hoping to launch their companies as the next big thing don’t get their 10 minutes in the spotlight at the House of Blues in front of venture capitalists without spending hours polishing their pitches before Troy Henikoff and Sam Yagan, who lead the 90-day boot camp where startup dreams get reinforced, realized and sometimes ripped to shreds…”  Read entire article on Crain’s site

Filed under: Status Updates — Tags: , , — October 8, 2012

Highlights from Demo Day 2012

Excelerate Demo Day 2012 brought over 500 investors, mentors, and entrepreneurs together for a day of pitching and high energy. Check out the highlights here.

Tickets are still available for the Community Showcase tomorrow (Tuesday the 18th)! If you want to see this year’s class present their pitches lives, make sure to get your ticket before they sell out.

Filed under: Events,Status Updates — Tags: , , — September 17, 2012

Spotlight on Fibroblast: Closing the Open Loop in Healthcare

Fibroblast closes the loop in healthcare: making it easy for patients and doctors to schedule appointments with specialists with their software. Scott Vold, CEO, explains exactly how it works, and how Excelerate is helping them scale their business.

Filed under: Company Blog Post,Status Updates — Tags: , — August 14, 2012

Spotlight on SpotHero: Parking Made Easy

Mark Lawrence, CEO of SpotHero, was sick of getting parking tickets. He and partner Jeremy Smith launched SpotHero, a platform for finding affordable parking to help others take the headache out of the urban parking jungle. Hear his plans and how Excelerate is helping grow his company:

Filed under: Company Blog Post,Status Updates — Tags: , — August 8, 2012

So… You Want to Understand Term Sheets?

As an entrepreneur, one of the most exciting moments you’ll have is being offered a term sheet. It can also be one of the most daunting if you aren’t sure what to look for. In this position, it is important to not only know what the terms mean, but also to understand how they work and which of them are most negotiable. Here’s a breakdown of some of the most critical parts of a term sheet.
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Filed under: Status Updates — Tags: , — August 3, 2012