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Archive for December, 2019

This past week, we took my grandson to see the Marrakech Magic Theater. 

Great entertainment for families, children, grandchildren, business meetings etc.

Jay Alexander performed to a standing ovation with an “unforgettable performance of Magic, Mentalism and Psycohological feats.  Great entertainment.

Jay’s heartwarming and emotional journey is inspirational to all.

I highly recommend getting tickets if you live or visit the San Francisco Bay Area.  Jay is one of the few “live theater acts” left and his performance was fantastic.

” His unforgettable evening begins as you step off the busy streets of San Francisco and enter into a historic speakeasy with a Moroccan flair. The perfect setting for a remarkable evening.

Upon entering you are escorted into our Oasis Lounge where you witness world class close-up magic prior to the main performance. A wonderful assortment of drinks and Moroccan appetizers are available for purchase before the show. The walls are covered in rare memorabilia and magnificent posters.

You are then escorted into our jewel box theater for Jay Alexander‘s unforgettable performance of magic, mentalism, and psychological feats such as human lie detection. This evening of entertainment lifts your spirits and leaves a lasting memory.

Find out why Bono of U2 called it “Astonishing” and Monty Python’s John Cleese said it was “Wonderful!”

Witness intriguing feats of mentalism, sleight-of-hand miracles, and laugh throughout the show with Jay Alexander’s comedy for the thinking person!

 

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A Christmas Poem
The embers glowed softly and in their dim light,
I gazed round the room and I cherished the sight.
My wife was asleep, her head on my chest,
My daughter beside me, angelic in rest
Outside the snow fell, a blanket of white,
transforming the yard to a winter delight.
The sparkling lights in the tree I believe,
Completed the magic that was Christmas Eve
My eyelids were heavy, my breathing was deep,
Secure and surrounded by love, I would sleep,
In perfect contentment, or so it would seem,
So I slumbered, perhaps I started to dream.
The sound wasn’t loud, and it wasn’t too near,
But I opened my eyes when it tickled my ear.
Perhaps just a cough, I didn’t quite know,
Then the sure sound of footsteps outside in the snow.
My soul gave a tremble, I struggled to hear,
And I crept to the door just to see who was near.
Standing out in the cold and the dark of the night,
A lone figure stood his face weary and tight.
A soldier, I puzzled, some twenty years old,
Perhaps a Marine huddled here in the cold.
Alone in the dark, he looked up and smiled,
Standing watch over me, and my wife and my child.
“What are you doing?” I asked without fear,
“Come in this moment, it’s freezing out here!
Put down your pack; brush the snow from your sleeve,
You should be at home on a cold Christmas Eve!”
For barely a moment I saw his eyes shift,
Away from the cold and the snow blown in drifts,
To the window that danced with a warm fire’s light.
Then he sighed and he said “Its really all right,
I’m out here by choice. I’m here every night.”
“It’s my duty to stand at the front of the line,
That separates you from the darkest of times.
No one had to ask or beg or implore,
I’m proud to stand here like my fathers before.
My Gramps died at Pearl on a day in December.”
Then he sighed, “That’s a Christmas Gram always remembers.”
“My dad stood his watch in the jungles of ‘ Nam ‘,
And now it is my turn and so, here I am.
I’ve not seen my own son in more than a while,
But my wife sends me pictures; he’s sure got her smile.”
Then he bent and he carefully pulled from his bag,
The red, white, and blue… an American flag.
“I can live through the cold and the being alone,
Away from my family, my house and my home
I can stand at my post through the rain and the sleet,
I can sleep in a foxhole with little to eat.
I can carry the weight of killing another,
Or lay down my life for my sister or brother,
Who stand at the front against any and all
To ensure for all time that this flag will not fall”
“So go back inside,” he said, “Harbor no fright,
Your family is waiting and I’ll be all right.”
“But isn’t there something I can do, at the least?
Give you money,” I asked, “Or prepare you a feast?
It seems all too little for all that you’ve done,
for being away from your wife and your son.”
Then his eye welled a tear that held no regret,
“Just tell us you love us, and never forget
To fight for our rights back at home while we’re gone,
To stand your own watch, no matter how long
For when we come home, either standing or dead,
To know you remember we fought and we bled
Is payment enough, and with that we will trust,
that we mattered to you as you mattered to us.”
PLEASE, would you do me the kind favor of sending this to as many people as you can? Christmas will be coming soon and some credit is due to our U.S. service men and women for our being able to celebrate these festivities. Let’s try in this small way to pay a tiny bit of what we owe. Make people stop and think of our heroes, living and dead, who sacrificed themselves.
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Happy, healthy and safe Hanukkah and Merry Christmas –  Enjoy Family and Friends

Best

Steve

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Terminating/Restructuring Prohibitive Real Estate, License, Payables & Contingent Liabilities

Gerbsman Partners has been involved with numerous national and international equity sponsors, senior/junior lenders, investment banks and equipment lessors in the restructuring or termination of various balance sheet issues for their technology, life science, medical device, cyber security, solar and cleantech portfolio companies.

These companies were not necessarily in crisis, but had cash (in some cases significant cash reserves) and/or investor groups that were about to provide additional funding. In order to stabilize their Go-Forward-Plan and maximize cash resources for future growth, there were specific needs to address Balance Sheet and Contingent Liability issues as soon as possible.

Some of these areas where Gerbsman Partners has assisted, these companies have been in the process of termination, restructuring and/or reduction of:

Prohibitive Executory Real Estate Leases, Computer and Hardware-related Leases and Senior/Sub-debt Obligations

Gerbsman Partners is the “innovator” in creating strategies to terminate or restructure prohibitive real estate leases and senior and sub-debt obligations.

To date, we have terminated or restructured $810 million of such obligations for private and public companies, and which has allowed them to return to financial viability.

Accounts/Trade Payable Obligations

Companies in a crisis, turnaround or restructuring situation typically have account and trade payable obligations that become prohibitive for the viability of the company on a go-forward-basis. Gerbsman Partners has successfully negotiated mutually beneficial restructurings that allowed all parties to maximize value based on the reality or practicality of the situation.

Software and Technology-related Licenses

As per the above, software and technology-related licenses need to be restructured/terminated in order for additional capital to be invested in restructured companies. Gerbsman Partners has a significant, successful track record in these areas

About Gerbsman Partners

Gerbsman Partners focuses on maximizing enterprise value for stakeholders and shareholders in underperforming, undercapitalized and undervalued companies and their intellectual properties. Since 2001, Gerbsman Partners has successfully maximized the values of 108 companies in a wide and diverse spectrum of industries. In the process, GP has successfully restructured/terminated over $810 million of real estate executor contracts and equipment lease/sub-debt obligations, and has assisted in over $2.3 billion of financings, restructurings and M&A transactions.

Gerbsman Partners has offices and strategic alliances in Boston, New York, Washington DC, McLean VA, San Francisco, Orange County, Europe and Israel.

steve@gerbsmanpartners.com
http://www.gerbsmanpartners.com

 

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IMG
Silicon Valley Venture Capital Survey – Third Quarter 2019
Full Analysis
By Cynthia Clarfield Hess, Mark A. Leahy and Khang Tran

View the full report.

Background
We analyzed the terms of 189 venture financings closed in the third quarter of 2019 by companies headquartered in Silicon Valley. The quarter recorded the highest average price increase since mid-2015. The software and internet/digital media industries were again the industries with the two strongest valuation results in the quarter. The United States venture environment has been robust through the first three quarters of 2019, but has retreated from the peak levels recorded in 2018.

Key Findings

  • Valuation Results Have Plateaued in 2019
  • Series B and C Financings Valuations Were Stronger Compared to the Prior Quarter
  • Software and Internet/Digital Media Industries Showed Strongest Valuations
  • The pace of investments and the amount of capital invested in Q3 U.S.-wide were both down appreciably compared to the prior quarter and the year ago period.
Full Report

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