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John Pletz
155 followers -
Business journalist in Chicago
Business journalist in Chicago

155 followers
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John's posts

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Can a social network keep you from making a return trip to the hospital? This Chicago startup thinks so, and it just got $4M from Chicago Ventures and Pritzker Group to prove it. 

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Moderne Ventures raises $33M venture fund to invest in real estate, insurance and financial services startups.

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United Airlines settles case involving passenger who was dragged off a plane. Deal came before a suit was filed. United also picked up the tab for City of Chicago and O'Hare, whose security officers dragged victim off the plane. Terms undisclosed. 

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Sold: DRIVIN, a car-selling platform for dealers backed by Brad Keywell and Eric Lefkofsky, is bought for $43 million by auto-auction giant KAR. Look for more data scientists at 600 W. Chicago, says CEO Kayne Grau. 

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Chicago-based AI startup Narrative Science is picking up customers and investors, adding $11M. Both are betting that voice is the next big thing in computing. ""The world still communicates in language, whether it's written or spoken." http://www.chicagobusiness.com/article/20170415/ISSUE01/170419897/narrative-sciences-quill-finds-a-use-in-business-intelligence

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Spent some time with Howard Tullman and Accenture's Pallavi Verma at its Digital Hub yesterday, talking about the future of innovation, work and why AI will be the UI of the future. Pay attention to Tullman's advice: If your job can be reduced to a routine or a set of rules and instructions, you won't have a job much longer. 
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Jellyvision is rocking — all the way to the bank. Growth fund Updata bought into the Chicago HR-software company for $20M, cashing out some early investors, employees. 

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Tech problems at major airlines have nearly tripled in the past two years. That's why airlines are spending hundreds of millions to clear out these giant 'tech hairballs.' Read this before you board.

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Crowdfunding grows up: Veteran entrepreneurs, such as Jeremie Bacon and Desiree Vargas Wrigley, who've already raised $1M-plus seed rounds also are making room for crowdfunding portals. But these web platforms, such as VCapital, aren't glorified Kickstarters. They're used by serious angels who've been investing the old-fashioned way for years.

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Has Chicago finally made it to big time in tech? The data says it has, according to Brookings Institution's Mark Muro. Here's why. http://www.chicagobusiness.com/article/20170310/NEWS08/170319997/is-chicago-becoming-a-serious-tech-town
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