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Friday, May 05, 2017

Enterprise Investors 2017: Meet The 100 Best Venture Capitalists In The World

Midas 2017: Meet The 100 Best Venture Capitalists In The World: Goetz Remains on Top . . . Meeker First Woman

Forbes, in partnership with TrueBridge Capital Partners, has released the 2017 edition of the The Midas List, which ranks the top 100 venture capitalists.

Apr 18, 2017 @ 09:45 AM 53,846

Alex Konrad Forbes Staff

Enterprise investors are having a moment in 2017.
From AppDynamics' shock $3.7 billion acquisition by Cisco before it could go public in January to IPOs from Nutanix, MuleSoft, Okta and Twilio, it's never been a better time to bank on the predictability of software-as-a-service revenue. Just ask newcomer John Vrionis of Lightspeed Venture Partners, or his colleague Ravi Mhatre and Bessemer Venture Partners' Byron Deeter, both returnees after an absence from the list. Top 20

https://www.forbes.com/pictures/58f0ec8c31358e58f07a6f27/2017-midas-list-the-top-2/

And while firms such as Sequoia, Benchmark, Greylock and Accel continue to score multiple members on the list, new firms are starting to break out. Floodgate's Mike Maples Jr. is joined this year by his partner, Ann Miura-Ko. General Catalyst is fielding three list members, as is Lightspeed. Then there are investors like Theresia Gouw and Kirsten Green, who lead a Midas class of more women than ever before, and both of whom left mainstream investment careers to launch their own firms.

It's a Midas List with nine newcomers and six returnees, twelve billionaires, ten China-focused investors and standards that raise the bar higher than ever before. Look closely and you'll see a new guard of VCs emerging alongside the names already baked into Silicon Valley lore.

See the full 2017 Midas List here.

Methodology:
With hundreds of funds considered across even more partners and thousands of deals, it's never been tougher to crack the Midas List. Forbes and TrueBridge Capital Partners collect data from publicly available sources as well as through many direct submissions from the firms themselves. Midas provides a five-year look-back at a partner's portfolio, with exits by IPO or acquisition of $200 million or more and private holdings that raised money at valuations of $400 million or more over that time period (with a discount for the unrealized return). Midas' formula favors earlier, bigger bets that return high multiples on an investor's initial money, though a string of later successes can still make a Midas portfolio. (More information can be found at our submission page for Midas here.)
For 2017, the average top 10 list members had 12 such companies to their name; the last 10 members had an average of 7. Across the entire list, the typical Midas Lister for 2017 scored 9 eligible portfolio companies.
Follow along on social: #ForbesMidas

Follow Alex on Forbes, Twitter and Facebook for more coverage of startups, enterprise software and venture capital.

Boeing Scores Another Big Contract for Apache AH64's To Saudi Arabia

Boeing To Modify 24 Saudi Arabian Apache Helicopters

Our Bureau 08:43 AM, May 4, 2017 535 views

Boeing has been awarded a $143.5 million contract for a directed change for the Saudi Arabia National Guard II and III unique modifications to 24 AH-64E Apache attack helicopters.

Work will be performed in Mesa, Arizona, with an estimated completion date of April 1, 2022.

Earlier in March this year, $3.3 billion, multi-year contract to build Apache attack helicopters for Saudi Arabia

[see video included after this post of the Defense World article]

According to a March 15 Defense Department statement, contract features work on

Apache attack helicopter multi-year lots 7-11,
AH-64E full-rate production of re-manufactured aircraft and new build aircraft,
Re-Tmanufacture and
New build Longbow crew trainers,
Peculiar ground support equipment,
Initial spares,
Integrated logistics support
Engineering technical services

The Saudi Arabian National Guard is one of the biggest customers of the AH-64E Apache helicopters with12 AH-64Es, 24 UH-60Ms and 12 AH-6is.
It is planning for a total chopper fleet of some 150 helicopters.

Source: Defense World

Published on Mar 16, 2017

This video shows you that Boeing Wins $3.2 Billion Worth Apache Helicopters Contract For Saudi Arabia.

Boeing has been awarded a contract worth $3.2 billion to produce Apache attack helicopters for Saudi Arabia.

Boeing will also build crew trainers as well as "provide ground support equipment, initial spares, integrated logistics support and engineering technical services", the US Defense Department announced in a press release Wednesday.

“The Boeing Co., Mesa, Arizona, was awarded a $3,276,522,609 modification (PZ0002) to foreign military sales (Saudi Arabia) contract W58RGZ-16-C-0023 for Apache attack helicopter multi-year lots 7-11, AH-64E full-rate production of remanufactured aircraft and new build aircraft, remanufacture and new build Longbow crew trainers, peculiar ground support equipment, initial spares, integrated logistics support, and engineering technical services,” the release stated.

Work will be performed in Mesa, Arizona, with an estimated completion date of June 30, 2022.

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Source: http://www.defenseworld.net

Thursday, May 04, 2017

City of Mesa FY17/18 Budget "Wrap-Up" ??? Not yet . . .

13-Slide Budget Wrap-up
for Fiscal Year 2017/18
Presented by the Office of Management and Budget
Thu 04 May 2017
A lot of questions that maybe did not get asked ... get informed and go over details.
Link to presentation >> http://www.mesaaz.gov/city-hall/office-of-management-budget/presentations-reports

Revisions to the Proposed Budget
Addition of Streetcar Extension Feasibility Study servicing the Riverview area $300K over two years
Addition of Fiesta District Downtown Chandler Alternatives Analysis $900K over three years

Public Safety Continuing Discussions
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Staffing Models
• Police Department will review job duties and skill set requirements to determine when sworn personnel are required
• Fire and Medical Department will review skill set requirements for Low-Acuity medical calls to determine service delivery options
Staffing Plans
Both departments will develop multiyear staffing plans to address service demands in Mesa’s growing and evolving community

Other Continuing Discussions
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Convention Center
Development of a five-year plan to modernize the facility
Transportation
Staff will bring multiple topics to the SAT Committee for policy development
• Preparation of proposed streetlight master plan
• Prioritization of requests for major landscape lighting similar to the EVIT project
• Policy for development and placement of Pedestrian Hybrid Beacons throughout the City
Library
Identification of library service opportunities in Southeast Mesa
Explore opportunities for early childhood education centers

Digital Community Engagement
Note: Mayor John Giles has been "giving lip-service" to this for more than a year
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NextMesaCommunity Engagement Campaign
Create an interactive, digital media campaign to engage Mesa residents, businesses and visitors to share their ideas of projects or initiatives for future implementation
More information on the campaign later this month
Mesa’s Digital Presence
Implement strategies to enhance the City's brand and digital presence through web design, mobile applications and socialmedia channels, and develop positive user experiences in efforts to grow audience base andengagement

Open Data Enhancement THIS IS 2 YEARS AFTER THE CITY OF MESA JOINED WHATWORKSCITIES ???????????????????????????????????????????
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Creation of a portal that encourages citizen interaction and provides easy access to and maintenance of City data
Selection process for a new tool is currently underway to enhance the City’s open data portal
Further establishment of protocols and policies for the identification and use of City data, both internally and externally
Establishment of a Data Program Manager

Pending Budget Impacts
•Discussions regarding new Memorandums of Understanding (MOU) with both public safety associations are on-going
•Various identified lifecycle/infrastructure needs will be addressed as possible through budget savings

Finalizing the Budget
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State statute requires that all expenses occurring in a fiscal year be included in the annual legal appropriation (budget)
Expenses related to large projects and contracts that will not be completed by year-end will be added to the FY 17/18 budget (carry-over)
Expenses and Revenues related to grants that are not fully expensed this year will also be added to the FY17/18 budget [carry-over]

Budget Adoption Calendar

May 8 Introduction of Utility Rate Ordinances

May 22 Adoption of Utility Rate Ordinances