Hubrix Ventures

Arram from ZeroCater has a brilliant post up about what it means to start a company. It’s a great read for any entrepreneurs to see “hustle”.

Lately I’ve seen a number of folks pitching great ideas, ideas that have a good chance of making money. You know, enough money to do well for themselves and a couple of small investors. But they try to multiply all these market size numbers together and think they have millions and millions of enterprise value and they are going to have the next billion dollar IPO. What happened to the idea of having a good small business? What about investments that can pay a dividend and don’t need the company to have a giant exit to be successful? So, if you’ve got a plan where you can pay dividends and make money today and more money tomorrow instead of the “build it and they will come”, “me too, i’m a ceo of a startup” model, come talk to me.

Obviously anonymized, but…we invested at the second vertical bar from the left

A lot of people have ideas. On some level, ideas are a dime a dozen. It takes quite a bit of work to make an idea into a business. You need to understand how you’re going to build your idea, what your team needs to look like so you’re not spending money on simple things, and really most importantly how you’re going to make money (not a bad idea to have a couple options here, as not all of them work out). You need to understand who your customers are and what your product is, without that your startup is an idea, it isn’t a business.

Catapult Fund is a new Chicago based incubator. Be on the lookout for the first class of companies to be funded and propelled by the Catapult.

I was having a conversation with a friend of mine and a couple of entrepreneurs overheard my conversation. They found me on AngelList and then on Twitter and got in touch. The rest of this story is yet to be written…