Ventureology

October 8, 1871. A barn catches fire on the Southwest Side of Chicago. By Tuesday morning, 2,124 acres are gone. 17,500 buildings. $200 million in property (~$4.8 billion today). The entire business district: ash. Every other city that burned came back roughly the same. Chicago came back bigger. This is that story.

📧 Full written episode with source citations, maps, and data: https://ventureology.co/chicago-2-the-fire-that-built-chicago/

The first 100 paid subscribers get founding member pricing for life:
- https://ventureology.co/founding-partner

🎧 YouTube: https://youtu.be/LDkiiweUtFA
🎧 Spotify: https://open.spotify.com/show/2Rvt9GARG2mXRM1apLWQVj
🎧 Apple Podcasts: https://podcasts.apple.com/us/podcast/ventureology/id1881214593

CHAPTERS:
0:00 — Introduction
1:30 — Last Episode & Audience Response
2:21 — The Tinderbox: A City Made of Wood
5:01 — The Night of the Fire
6:30 — What Survived: Hudlun's Run
8:47 — The Rebuild
14:22 — Incumbency Erasure
16:50 — The Architectural Revolution
21:30 — Modern Resonance: CME, Ryerson, Palmer House
25:46 — Next Episode: Blood and Ice

What is Ventureology?

The stories of funders and builders who forged markets.
Ventureology is a deep-format podcast covering how venture capital markets outside Silicon Valley and New York originated, grew, and scaled. Each season traces a single city's entrepreneurial history from its earliest foundations to its modern ecosystem — the founders who built companies from nothing, the capital that funded them, and the infrastructure decisions that compounded into billion-dollar industries.

Season One: Chicago. From 82 grain merchants who founded the Chicago Board of Trade in 1848 to the $106 billion exchange conglomerate, $184 billion private equity firms, and high-frequency trading empires that define the city today — this is the definitive history of how Chicago became the backbone of global finance.

The full written episodes — with source citations, maps, and data the podcast can't fully unpack — are available at ventureology.co.

New episodes drop every 1-2 weeks during each season.