Chicago again ranks as top city for startup investor returns – Chicago Inno

The Pitchbook report also found that, despite the economic uncertainty caused by the coronavirus, Chicago startups have raised $1.6 billion in venture funding through the end of September 2020, which puts the city in earshot of approaching its decade-high 2019 VC funding of $2.2 billion with a quarter to go.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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