What is driving Proposition 13 in CA (or thank you Vox Media / New York / Intelligencer /Ed Kilgore for great information) #psbyjd


“Wisdom is what the news calls madness” – J20.01.21.2100

This says it all CA

Section 1. (a) The maximum amount of any ad valorem tax on real property shall not exceed one percent (1%) of the full cash value of such property. The one percent (1%) tax to be collected by the counties and apportioned according to law to the districts within the counties. — California Constitution Article XIII A

Photo and quote on California Constitution by Wikipedia

YOUR HOST NOTES: Thank you “Vox Media / New York / Intelligencer/” does an article on proposition 13, we know it is national politics.  Thank you Vox Media!  Mr. Morris’ motto is “Say Provocative statements that intelligent people argue about fast without dotting your I’s and crossing your T’s. As life is all about fun and results!” My provocative statement is “Wisdom is what the news calls madness” – J20.01.21.2100 (except in many cases “New Yorker” and others).

REBLOG NEW YORKER

While this will mostly be a classic left-right, business–versus–unions and government battle, California’s progressive tilt doesn’t guarantee victory for split-roll. As noted above, corporate types will offer a slippery-slope claim that once the taxman has feasted on commercial property taxes, homeowners will inevitably be next. And there are some affordable-housing advocates who fear split-roll will perversely incentivize commercial real-estate development by making it a larger revenue generator for local governments.

Read Full Article: https://nym.ag/2ReZDDE

More great stuff by Vox Media / New York / Intelligencer

Senators are bending the rules on cellphones

Considering the screen habits of most Americans, the rule that senators cannot use electronic devices in the chamber is going to be a tough one to adhere to during the grueling hours expected for the trial. As a workaround, at least eight senators so far have worn Apple Watches to be able to contact aides and the outside world. According to Roll Call, so far only one presidential hopeful has been seen with a loophole smartwatch: Michael Bennet.

Senators are opting for low-tech, middle-school solutions to get around the no-communication rule during the trial, including passing notes (Mike Lee), sharing candy (Ben Sasse), whispering to neighbors (Mark Warren and Tim Kaine), and pretending to punch a colleague in the chest (Lisa Murkowski to Lindsey Graham).

Happy Networking,
JD
WHO IS JDM
J. David Morris (aka JD) focuses on serving on the board of advisors and board of directors of several private companies. His family of Special Purpose Entities (SPE) invests in a wide range of businesses.  David Morris has helped close more than $91 billion in deals leading more than $7 billion in enterprise value of these deals.

He has been a speaker at various industry forums, has been quoted in numerous leading publications and has made several appearances on Bloomberg, CNET, CNBC, ESPN, and many media outlets.  J. David Morris hosted after Bloomberg morning news an educational radio show about financing deals and other hot topics.

J. David Morris #1 goal is exploring establishing leadership chairs to pay it forward at top Universities such as Massachusetts Institute of Technology ( MIT ), The George Washington University ( GWU ), and other organizations. J. David Morris enjoyed his fellowship position with GWU and LSU joint program and believe such models will move the ball forward.

He received a B.A. in economics with mathematics from Hampden-Sydney College in Virginia, where he worked in the development office to pay his way through college. David Morris is an Omega Rho Honor Society student at in Washington, D.C. with The George Washington University ( GWU ). He is currently working on finishing a two- year program under MIT Sloan Business School as well as the MIT Computer Science & Artificial Intelligence Laboratory ( CSAIL).

FUN/WORK:
Angel Investing
Board of Advisors
Board of Directors
Buyouts ($5 million-plus EBITDA)
Deal Source
Family Office
Growth Capital
HNWI
Impact investing
Leadership
LBO ( Leveraged Buy-Out )
M&A
MBO ( Management Buy-Out )
Moonshot deals
Problem Solving
Public Speaking
Spin-offs (past NYSE and NASDAQ)
Venture Capital (two active funds)

PLAY:
Impact Investing
Leadership
Public Speaking
Sailing
Wind Surfing
Yachting

NETWORKING:
LinkedIn Network: 11,000 plus Connections
Linkedin Group: Sell Your Company 9,849 members
Linkedin Group: Investor Network by JD 5,861 members

Facebook Page:
Social Media and Newsletters = More than 210,000 followers, members, subscribers, viewers, etc

#justforfun – Ying and Yang or my logo


REPOST:  The Hidden Meaning Behind Yin and Yang

Few ancient philosophies have been as influential as Taoism. Developed in the 4th century B.C., the philosophy is centered around the achievement of ‘the Way’ and finding harmony and balance within. At the heart of this philosophy is the symbol that has come to represent it as its most identifiable aspect: the Yin and Yang.

Read More: https://theculturetrip.com/asia/china/articles/the-hidden-meaning-behind-yin-and-yang/

LOGO DESIGN (ROUGH DRAFT)

Working on a new logo and debating Coat of Arms vs. more ancient based on Ying and Yang.   This one is a Viking coast of arms (kinda)

Idea One:

Unicorn: We all love Unicorn deals

Dragon: We all want a return on our money

Moon: I love looking at moonshot deals

The Unicorn key, the moon key, and dragon key are all KEY to my life (ok sad pun)

Viking shield as I just found out that I am 49% Viking from DNA (Viking that invaded England).  ____ (Insert Viking Finance Joke Here)______.

RHC-01

BRAIN DUMP FOR COAT OF ARMS

 

Diffent Types of Keys

REBLOG: JD Morris featured in Forbes Article on October 17, 2019.


Thanks Forbes for featuring me in one of many articles.

Forbes 5x2 Banking

Choosing The Right Bank Or Credit Card: 10 Tips From Finance Experts

10. Look For Apps That Can Help

Experian and a few others have apps that will provide recommendations based on your credit score. They have apps that will allow you to compare features including annual fees, intro rates, annual percentage rates, etc. Not all people and not all cards are created equal, so take advantage of Experian or others that have apps to help. – JD Morris, Red Hook Capital

For full article visit: https://www.forbes.com/sites/forbesfinancecouncil/2019/10/17/choosing-the-right-bank-or-credit-card-10-tips-from-finance-experts/#165222321733

The Capital Report v19.43


The Capital Report will be moving to www.CapitalReportbyJD.com

RECENT ANNOUNCEMENTS

  • TPG Sixth Street Partners, a finance and investment business with over $32 billion in assets under management, and its TSSP Capital Solutions platform closed its first Capital Solutions fund, at approximately $2.2 billion of total third-party commitments
  • Boston, MA-based health system Partners HealthCare has launched two new investment funds.
  • Bend, Ore.-based Cascade Seed Fund, which is rebranding from Cascade Angels Fund, has held an initial close on the sixth fund since 2014 at $5.4 million
  • Aybuben Ventures, a Pan-Armenian venture capital fund dedicated to Armenian tech entrepreneurs from all over the world, launched with an initial $50m fund
  • Milwaukee-based Northwestern Mutual Future Ventures will dedicate $20m of its funding to investing in startup companies founded by women
  • Microsoft’s venture fund M12 is partnering with Mayfield and Pivotal Ventures to launch a $6m competition for women-led enterprise startupS
  • Jackson Square Ventures, a San Francisco, CA-based venture capital firm specializing in SaaS and Marketplace companies, closed its third fund, at $193m
  • Sofinnova Partners, a Paris, France-based venture capital firm focused on life sciences, closed its latest early-stage healthcare fund, Sofinnova Capital IX, at €333m
  • Idinvest, a European mid-market private equity firm, closed Idinvest Digital Fund III, at €350M

FUND ANNOUNCEMENT HIGHLIGHT

SAN FRANCISCO and NEW YORKOct. 22, 2019 /PRNewswire/ — TPG Sixth Street Partners (“Sixth Street”), a global finance and investment business with over $32 billion in assets under management, and its TSSP Capital Solutions (“Capital Solutions”) platform today announced the final close of its first Capital Solutions fund.   In addition to commitments from the Sixth Street team, the fund raised approximately $2.2 billion of total third-party commitments, reaching its hard cap. Capital Solutions is actively investing out of the fund and has already deployed over $500 million

Read more: https://www.prnewswire.com/news-releases/tpg-sixth-street-partners-hits-cap-on-first-tssp-capital-solutions-fund-with-2-2-billion-close-300942526.html

 

REPOST: IND Report v19.09.09


IND REPORT HIGHLIGHT

SAN JOSE, Calif.–(BUSINESS WIRE)–Sep 9, 2019– AppZen, the world’s leading AI platform for modern finance teams, announced today that it has secured $50 million in Series C funding led by Coatue Management. Existing investors Redpoint Ventures and Lightspeed Venture Partners also participated in the round. This brings the company’s total investment to more than $100 million. AppZen will use the new funding to accelerate its mission to become the leading artificial intelligence (AI) platform for CFOs and their teams to reduce spend, comply with policy and streamline process.

Read more: https://apnews.com/Business%20Wire/8f2963e6c60247238c3d69cb51e6d57e

IND REPORT

  • TPA Stream, a Cleveland, OH-based healthcare benefits automation company, closed a $1.4m seed funding round
  • Sight Machine Inc., a San Francisco, CA-based digital manufacturing platform, received a venture capital investment from Sony Innovation Fund (SIF), Sony Corporation’s venture capital arm
  • SeekOps Inc., an Austin, TX-based company which develops and fields advanced sensor technology to detect, localize, and quantify natural gas emissions through integrated drone-based systems, secured funding from two strategic investors as part of its Series A-1 fundraising
  • RippleMatch, a NYC-based data-driven university recruiting platform, secured $6m in Series A funding
  • SGI-DNA, a San Diego, CA-based developer of synthetic genomics technologies and DNA data storage solutions, closed a $25m Series A financing
  • Platelet BioGenesis, Inc. (PBG), a Cambridge, Mass.-based leader in stem cell-derived, on-demand human platelets (PLTs+™) and platelet-based therapeutics, raised more than $26m in Series A-1 financing
  • Axiom, the global leader in specialized on-demand legal talent, received a strategic investment from Permira
  • HackerOne, a San Francisco, CA-based hacker-powered pentest and bug bounty platform, raised $36.4M in Series D financing
  • IceKredit, Inc., a Los Angeles, CA and China-based credit risk and credit management company, raised $47m in pre-Series C funding
  • TransPerfect, a New York-based provider of language and technology solutions for global business, acquired MoGi Group, a Dublin, Ireland-based bespoke gaming solutions house that partners with studios, developers, and content owners in the gaming space
  • Commvault (NASDAQ: CVLT), a Tinton Falls, NJ-based provider of software for the management of data across cloud and on-premises environments, is to acquire Hedvig, a Santa Clara, CA-based software-defined storage (SDS) company, for $225m
  • Red River, a Claremont, N.H.-based technology transformation company, acquired CWPS, a Washington D.C.-based technology solutions provider
  • PeopleShare, a Collegeville, PA-based staffing firm in the East Coast, acquired Best Practices Staffing, a staffing firm focused on the Greater Chicago area
  • MyHeritage, a global discovery platform for exploring family history and gaining health insights, acquired River Road Bio, the company that owned and operated SNPedia and Promethease
  • AppZen, a San Jose, CA-based AI platform for modern finance teams, secured $50m in Series C funding

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.