Newsletter Articles

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & AssociatesWednesday, November 1, 2023 1st VETO SESSION Staying true to their statements before the VETO session, the Illinois General Assembly has not advanced a supplemental budget to address the crisis of migrant and refugee families coming to Illinois. Four issues have been front and…

November 1, 2023 Right after Halloween, the day reserved for the more unnerving elements in the atmosphere, the economic flow of worldwide markets are dealing with their own frights. What are the issues upcoming in 2024 that could affect the geo-financial world? The online media has weighed in, and offers the following. Bloomberg.com, ’Wider War…

November 1, 2023 Congratulations to our 2023 IVCA Award recipients! Join us on Monday, December 4, 2023, to celebrate their accomplishments at the 2023 IVCA Awards Dinner sponsored by Kirkland & Ellis LLP!  We will also recognize Maura O’Hara on her outstanding service to IVCA as she retires. Schedule: Location: Four Seasons Hotel Chicago Grand…

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & AssociatesWednesday, October 18, 2023 LEGISLATIVE LEADERS KEEP LID ON BUDGET Illinois lawmakers return to Springfield next week for the first of two weeks of Veto Session. Despite appeals from the Mayor of Chicago and elsewhere, legislative and the governor have decided against advancing a…

October 18, 2023 Artificial Intelligence (or AI) …. there is not a day that doesn’t go by in our modern life where either the topic comes up or the direct effect of the science occurs. Venture Capital and Private Equity have been the drivers for research and development of the science, but what are the…

October 10, 2023 The hottest cultural phenomenon post the millennium is undoubtably the podcast, and its YouTube-type video sibling the “vodcast.” For the price of internet access and a microphone, various voices can broadcast their stories and perspectives. The Venture Capital and Private Equity Industries are no exceptions, as a number of established and newer…

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & AssociatesWednesday, October 4, 2023 VETO SESSION ON THE HORIZON On October 24-25-26 the Illinois General Assembly meets in the State Capitol for Veto Session. Democratic legislative leaders and Governor Pritzker generally make agreements on major legislation as it moves through the process in the…

October 3, 2023 Partnership to Support Innovative Food Manufacturer’s Long-Term Growth Through Continued Product Innovation, Customer Expansion and Strategic Acquisitions CHICAGO – October 3, 2023 – Pritzker Private Capital (“PPC”), a leader in family direct investing, today announced it has acquired Sugar Foods Corporation (“Sugar Foods”), a food company serving prominent foodservice, grocery, retail and restaurant brands. PPC’s…

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & AssociatesWednesday, September 20, 2023 CASH BAIL REFORM BEGINS Monday marked the first day of landmark changes to the cash bail system in Illinois which ranks among the most controversial public policy debates in recent memory. Named the “SAFE-T” act, Illinois becomes the first state…

September 20, 2023 One of the most successful accelerator and founder facilitation programs in Chicago is Techstars, an annual mentorship course that allows entrepreneurs, start-ups and companies to participate in a 13-week forum that teaches them how to improve and execute their business ideas. Techstars and Managing Director Neal Sáles-Griffin just announced their Fall Class…