Posts Tagged ‘

The Program’

BuiltInChicago’s CEO Spotlight on Troy Henikoff

This was produced as part of the CEO Spotlight series that BuiltInChicago does in conjunction with NBC Chicago each week.  It gives a great overview of Excelerate, check it out…

Filed under: Status Updates — Tags: , — October 14, 2012

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

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.
Read the rest of this entry »

Filed under: Status Updates — Tags: , — August 3, 2012

What’s It Like to Pitch Dave McClure?

The other day, the legendary Dave McClure came to Excelerate to impart his wisdom and advice to each startup. Entrepreneurs were nervous but prepared to meet the startup hero…knowing this meeting would be unlike any other. Many people have asked exactly what a meeting with the f bomb dropping startup guru would be like, so we decided to ask our teams how it went.

Read the rest of this entry »

Filed under: Status Updates — Tags: , — July 18, 2012

Troy Henikoff’s Step-by-Step Approach to Financial Modeling

Excelerate programming in July is limited to what we like to call the “Entrepreneurs’ MBA.” During this time, we bring in experts in their respective fields to discuss all the topics that entrepreneurs need to know, but is knowledge they won’t get anywhere else.

To kick off this programming, our very own Troy Henikoff spoke to the teams on the process of creating a financial model. Troy’s motto of “what gets measured, gets done” is applicable to all aspects of a business, but is most apparent when applied to finances.
Read the rest of this entry »

Filed under: Status Updates — Tags: , — July 12, 2012