Jul 30, 2020 | 3 min read

How Chicago Became a Hub for Entrepreneurs with Scott Kitun

By: Patrick Emmons

How Chicago Became a Hub for Entrepreneurs with Scott Kitun

Scott Kitun is a rock star in the Chicago startup and investment world. His company, Technori, is Chicago’s largest media platform for entrepreneurs and has seen billions invested in its first decade. He joins Shelli and Patrick to talk about the current state of Chicago’s investment landscape.

Listen as Scott shares his thoughts on team building, why money and equity aren’t necessarily good motivators, and why you shouldn’t hire your friends. He also makes the case that founders and athletes like Michael Jordan share the same trait of competing to win.

  • (03:04) - The evolution of Technori
  • (08:49) - Evaluating companies
  • (14:48) - Missing the mark
  • (23:17) - Giving out equity
  • (28:00) - How to get more involved
  • (32:04) - Hot startups in Chicago

Scott Kitun is a Chicago-based media entrepreneur, investor and Technori CEO. As CEO of Technori, he has played a small role in shaping Chicago into one of the largest and most inclusive tech ecosystems in the world — where he's helped hundreds of founders raise more than $1 billion in venture funding, with 25+ exits and over $20 billion in collective ARR.

As an operator, he has successfully built and sold two media companies, and created the first-ever radio show enabling startups to fundraise directly from a live audience; resulting in more than $50 million invested via equity crowdfunding.

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About Patrick Emmons

If you can’t appreciate a good sports analogy, movie quote, or military reference, you may not want to work with him, but if you value honesty, integrity, and commitment to improvement, Patrick can certainly help take your business or your career to the next level. “Good enough,” is simply not in his vernacular. Pat’s passion is for relentlessly pushing himself and others to achieve full potential. Patrick Emmons is a graduate of St. Norbert College with a Bachelor of Science degree in Computer Science and Mathematics. Patrick co-founded Adage Technologies in 2001 and in 2015, founded DragonSpears as a spin-off dedicated to developing custom applications that improve speed, compliance and scalability of clients’ internal and customer-facing workflow processes. When he is not learning about new technology, running a better business, or becoming a stronger leader, he can be found coaching his kids’ (FIVE of them) baseball and lacrosse teams and praising his ever-so-patient wife for all her support.

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We interview leaders from early-stage start-ups to billion-dollar enterprises who distill their lessons from their victories and their failures. Learn how these high-performing leaders organize their teams, establish a growth-minded culture, and leverage new technologies such as DevOps and Cloud.