The Ups and Downs of Doing Business in Chicago

inc.By Zoe Henry, Inc.

Chicago may be a burgeoning hotspot for technology companies, but it’s not trying to follow in the footsteps of other startup scenes. “We don’t want to be the next Silicon Valley,” said J.B. Pritzker, founder of the investment firm Pritzker Group, at the inaugural Inc. and CNBC iCONIC conference in the Windy City on Tuesday. “We aspire to be a great tech hub with great entrepreneurs.”

Pritzker, along with 1871 CEO Howard Tullman and World Business Chicago CEO Jeff Malehorn, took the stage at the Chicago Theater to discuss the positives and negatives of the city’s startup climate, ChicagoInno reports.