[seats]

Techstars in Chicago is actually less than 2 years old. Excelerate labs was 2 years old at the time it joined Techstars, so the oldest company connected to that city is less than 4.

Also important to control for cohort size. These are 10 company classes. A 100 million+ breakout seems to be somewhere between a 1 in 100 and a 1 in 50 occurrence.

[tptacek]

Ok, point taken, but is the answer that there aren't any break-out successes from TS Chicago yet?

[seats]

Given that I work with our cloud program and in Austin I'm not as intimate with the alumni from Chicago, but one that I am personally fond of is http://www.giveforward.com/

They've crowd-funded over 125 million dollars toward medical expenses for people in need.

[spuiszis]

I'm a Chicagoan and and as jaredmck mentioned, there aren't any breakout successes. However, there are a number of companies are gaining steam like FoodGenius, Simple Relevance, and TempoIQ. Here's a link to the legacy Excellerate Portfolio: http://exceleratelabs.com/portfolio/

[jaredmck]

I think it's safe to say that's the answer - SpotHero is doing quite well and just raised a $4.5M series A, GiveForward as mentioned has crowdfunded a good amount of money for people's medical bills, and FeeFighters sold to groupon relatively early on. None of these are "breakout successes" to the tune of a 100M valuation, however.