McGrathWhen this topic came up for discussion at the weekly Point-Counterpoint board meeting at Don Shula’s Steakhouse in Chicago (on the BH, of course), it was the first time on record that no research or thought was required on my part.Only one politician who has ever been a sports star has been undoubtedly, unquestionably the best star in his athletic undertaking. That one person is, of course, “The Governator,” who was not only a seven-time Mr. Olympia champion (the most prestigious bodybuilding contest in the world), but was also the world’s greatest action star, shining brighter than the sun on Mercury.That alone gives Arnold a heads up over Bill Bradley, Tom Osbourne and Steve Largent, who are all Hall of Famers, but were never the best in their sport, except maybe for Osbourne, who was a coach and loses some serious credibility points there.How many other politicians do you know who commonly double-fisted assault rifles in their previous careers? And before you try to answer Jessie Ventura, remember that while he doubled up on folding chairs in the WWF and doubled up with a shotgun and pistol combo in “Predator,” he never actually managed to wield dos (shout out to Chad Johnson there) assault rifles. As I wrote in my Oct. 11 column, Arnold would even be a perfect choice as the commander in chief:”Arnold could succeed as president too. He could be the first leader of the executive branch in decades to truly bring together the GOP and Democrats, using his relationship with wife Maria Shriver to help bridge gaps that no other person possibly could. Plus, he would have the single greatest re-election campaign slogan ever: ‘I’ll be back.’And you want to talk about foreign policy? The new policy would be sending a copy of ‘Commando’ and ‘Twins’ to every country in the world. If you are naughty you get the ‘Commando’ Arnold. If you’re nice you get the ‘Twins’ Arnold. Which would you choose?”Point: Arnold.PoppyNBA legend Charles Barkley is not a politician just yet, but he soon will be, and when he becomes the governor of Alabama in 2014, he will be the best sports politician.The “Round Mound of Rebound” may be outspoken and controversial (remember his “I am not a role model” commercials?), but he’s just what American politics needs: A breath of fresh air.While many may think the 1993 MVP running for any government position is a joke — especially after recently switching from a possible GOP candidate to a Democrat — Barkley is dead serious and wants to make a difference.”I’ve got to get people to realize that the government is full of it,” Barkley said in a Southern Regional Conference of the National School Boards Association meeting last July. “Republicans and Democrats want to argue over stuff that’s not important … when I run — if I run — we’re going to talk about real issues like improving our schools, cleaning up our neighborhoods of drugs and crime and making Alabama a better place for all people.”In political races, a lot is made of what candidates have given to their country. While Barkley was never a war veteran or anything like that, he was an American hero in his day, winning two gold medals in 1992 and 1996. Honestly, who wouldn’t want a member of the original Dream Team in office?Furthermore, his classy and sophisticated nickname of “Sir Charles” is worthy alone of a governmental position. Hey, if Jesse “The Body” Ventura can make it as governor, Barkley can do an even better job.The Hall of Famer was one of the best basketball players, and once he becomes the governor of Alabama, he will be the best sports politician ever.
In their place, Kimanzi has handed a recall to Red Arrows keeper Ian Otieno as well as Ulinzi Stars’ Timothy Odhiambo. Faruk Shikalo has however been retained.Midfielder Eric Johannah who turns out for Swedish second division side IF Bromma has also been dropped while there is still no place for Johannah Omollo. Skipper Victor Wanyama however returns to the fold after settling his transfer conundrum at Tottenham Hotspur.Harambee Stars attacking midfielder Eric Johannah wheels away from Uganda’s Mustafa Kizza during their international friendly match at the Moi Sports Centre Kasarani on September 8, 2019. PHOTO/Timothy OlobuluMeanwhile, Nkana’s Harun Shakava who had been previously overlooked by former coach Sebastien Migne since turning down a call up for a tournament in India last year has been recalled by Kimanzi after impressing in his start in Zambia.Anthony ‘Teddy’ Akumu also earns a place back in the team after missing last month’s friendly match against Uganda as well as Algeria based Masud Juma and Swedish based Joseph ‘Crouch’ Okumu.Youngster Yusuf Mainge who now plies his trade in Slovakia has also been called up with fit-again Jesse Were also earning a slot in the team.Meanwhile, China based Ayumb Timbe will not be part of the squad, after his club Beijing Renhe requested for his omission as they will have important league matches during the same period.Harambee Stars head coach Francis Kimanzi issues instructions during a training session at the Kasarani Stadium on September 5, 2019. PHOTO/Timothy OlobuluKimanzi will look to test his new faces as he continues a process of building a solid squad for November’s 2021 Africa Cup of Nations qualifiers against Egypt and Togo.Full SquadGoalkeepers; Ian Otieno (Red Arrow, Zambia), Timothy Odhiambo (Ulinzi Stars, Kenya), Faruk Shikalo (Young Africans, Tanzania)Defenders; Johnstone Omurwa (Wazito, Kenya), Harun Shakava (Nkana, Zambia), Joash Onyango (Gor Mahia, Kenya), Yusuf Mainge (FK Pohronie, Slovakia), Hillary Wandera (Tusker, Kenya), Erick Ouma (Vasalunds IF, Sweden), Joseph Okumu (IF Elfsborg, Sweden), Samuel Olwande (Kariobangi Sharks, Kenya)Midfielders; Anthony Akumu (Zesco United, Zambia), Abdallah Hassan (Bandari, Kenya), Kenneth Muguna (Gor Mahia, Kenya), Duke Abuya (Kariobangi Sharks, Kenya), Victor Wanyama (Tottenham Hotspurs, England), Cliffton Miheso (Gor Mahia, Kenya), Lawrence Juma (Gor Mahia, Kenya), Cliff Nyakeya (FC Masr, Egypt), Whyvone Isuza (AFC Leopards, Kenya)Forwards; Michael Olunga (Kashiwa Reysol), Jesse Were (Zesco United, Zambia), Masud Juma (JS Kabylie, Algeria).0Shares0000(Visited 29 times, 1 visits today) 0Shares0000Harambee Stars goalkeeper Patrick Matasi shouts instructions during the Africa Cup of Nations match against Senegal at the 30 June Stadium in Cairo on July 1, 2019. PHOTO/GoalNAIROBI, Kenya, Sep 30 – First choice keeper Patrick Matasi and Sweden based midfielder Eric Johannah are some of the high profile names omitted as Harambee Stars head coach Francis Kimanzi named a squad of 23 to face Mozambique in a friendly match in Nairobi on October 13.Matasi who has been Kenya’s number one for the last three years will not be part of the squad as well as Kariobangi Sharks’ John Oyemba who has lost his club starting role to youngster Brian Bwire.
The pain in Erik Karlsson’s groin area has cast light on one of ice hockey’s most common injuries. But it’s not always a simple muscle strain. Sports medicine specialists say groin pain is difficult to diagnose and treat because it can signal varying problems.A groin injury “is a catch-all term for pain” in the pelvic and hip region, said Travis G. Maak, Utah Jazz team physician and University of Utah associate professor of orthopaedics. “It’s not really a diagnosis, per se.”Karlsson’s …
SANTA CLARA — John Harbaugh, the Harbaugh who coached the Ravens over the 49ers in the Super Bowl six years ago, had a lot to say about this Sunday’s meeting in Baltimore. Here are his top quotes from Wednesday’s conference call with Bay Area media:1. On how much influence the 49ers’ 2011-12 offense had on the Ravens’ 2019 version under coordinator Greg Roman, formerly of the 49ers:“Obviously Greg Roman is here and was a huge part of that there with my brother. I’ve always admired what they …
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8 Best WordPress Hosting Solutions on the Market Why Tech Companies Need Simpler Terms of Servic… Tags:#Analysis#start bernard lunn Related Posts Top Reasons to Go With Managed WordPress Hosting The Facebook Rounds of InvestmentData courtesy of VC Experts Valuation and Terms database.Our Theory on This Investment and Twitter’s Game PlanThese high-profile deals have “optics” (i.e. the PR or headline story for public consumption) and fundamentals (i.e. how the investors actually make money). They are very different.The key to the fundamentals is the Liquidation Preference. We touched on this in one of our “Startup 101” chapters: How to Scale Without Losing Your Shirt. Basically, upon exit, the investors get their money out before the entrepreneurs do. That’s reasonable. For example, the Twitter team has not actually built a business worth $1 billion; it is only saying it can do so (with some credibility).So, the investors putting in $100 million have their risk (or downside) covered. The only way they can lose money is if Twitter sells for less than $100 million, which is pretty unlikely… not impossible, but unlikely. But if it sells for $100 million, then all of the other investors lose everything. The exit valuation has to be higher than $157.97 million (total money invested) for the founders and management team to see a dime.So, with their downside covered, investors can focus on the upside. This is where optics matter. With this deal, the entrepreneurs can say the following to any potential acquirers:“Negotiations have to start at $1 billion. It clearly cannot be lower than that,” and“We have a long runway. If you don’t do this deal now, the price will only be higher later.”In this case, the optics are critical. Although the investors in this latest round have protected their downside, they won’t see any upside unless the exit valuation is greater than $1 billion. By putting in a large amount (which they cannot really lose), the investors help to ensure that the exit valuation is high.Ideally, Twitter will exit before revenue, when revenue potential is unlimited. As soon as actual revenue comes in, three bad things happen:Acquirers say, “Let’s wait and see how this pans out.”Costs go up: you have paying customers who demand real service.Revenue targets may go south. Exponential hockey-stick growth is hard enough for a free service (kudos to Twitter for doing that brilliantly) but way, way harder when money changes hands. Real money (not investment money) paid by someone to Twitter becomes friction. Twitter ceases to be a friction-less flywheel.Twitter does have enough cash now to execute on a revenue plan and outlast acquirers who like to sit on the fence. So any way you look at it, this is a smart deal. It is not “evil”: this is all business between consenting adults. Evil would be selling stock to “widows and orphans” in the public market who (A) don’t have Preference and (B) don’t have the means to evaluate the risk on a deal like this. That was Bubble 1.0, and it won’t happen again. This is not Bubble 2.0. This is fundamentally different, even if the optics may look similar.So What Do the Investment Facts Say?Enough about theory, what do the facts tell us?Yes, the Series E investors (the ones that just put in $100 million) get Liquidation Preference. Look at the line for the current round that says Liquidation Preference. If it says “Senior,” then they get their money out first. If it says Pari Passu, then all investors get their money out equally (i.e. all investors get their money out before the founders and managers).But they get only 1x Preference. They don’t get money back plus interest. Nor do they get 2x or 3x. Hint to entrepreneurs: any time you see 2x or 3x, run a mile!What Is the Difference With Facebook?All of the Facebook rounds are Pari Passu. What that really means is that earlier investors in Facebook have more clout. They have bigger funds and can essentially say, “If you don’t do this, we will.” The small funds that invested in Twitter early on, such as Union Square Ventures (USV), cannot meaningfully invest in a $100 million round without Twitter becoming too big a percentage of their portfolio. But based on the valuation it invested in early on, USV will make out big time on any exit over $200 million.The Great Facebook vs. Twitter Exit GameThis is high-stakes poker. Facebook has the potential to do an IPO. It has enough revenue and has at least neutral cash flow. With its actual finances not being in the public domain, we don’t really know how good Facebook’s finances are and therefore cannot know how ready it is to do an IPO. But that’s not a problem; it has enough cash in the bank to wait until it’s ready.So, any company that really wants to buy Facebook and keep it from doing an IPO will have to pay big time. Only two acquirers are motivated enough and big enough to do this: Google and Microsoft.Where does that leave Twitter? The $100 million round helps a lot. It is for show, not for spending. It has enough cash for negotiating clout. Facebook would cost Google or Microsoft way more than Twitter. If one of them bought Facebook, Twitter would be even more valuable to the other.If Facebook does an IPO, Twitter’s valuation would go up based on that public market comparable.We cannot bet on this in the public markets, so we can only have fun watching the game.How Does Perception of the Founders’ Motivations Influence the Game?In poker, perception matters. What you think the other person will do affects how you play your hand.The exit valuation depends in part on how credible is the founder’s drive to remain independent. Do acquirers really believe the founders are sincere in their stated desire to remain independent by going all the way to IPO? If the acquirer believes that the founder’s desire to remain independent is very strong, then it will raise its bid. So, who does the market see as being more driven to remain independent: Mark Zuckerberg of Facebook or Ev Williams and Biz Stone of Twitter?We asked Greg Boutin of Growthroute Ventures to comment on this part of the game. This is what he had to say:“My perception of Ev Williams/Biz Stone is that they are not in it for the journey, but for the destination. Any way I look at it, those guys are not geek visionaries with a mission; they are money-driven. They’ll flip Twitter to the highest bidder, if there is one. They know everyone is questioning Twitter’s potential for revenue creation, and the hype effect will die out in a matter of months. Twitter has mostly unfolded during the crisis; being in SF has sure influenced their thinking. And unlike Facebook with its platform status, it really has only so many options to create revenue, none of which is likely to support the valuation.”Greg thinks that Mark Zuckerberg is a different story:“Zuckerberg strikes me as someone who is driven less by the money – especially now that Facebook is turning a profit – than by the visceral “geek need” to prove he’s smarter. He’s demonstrated a strong desire to grow Facebook into the next big thing and I’d say even challenge Google for domination of the Internet.”Greg is willing to stick his neck out and make a prediction: “Twitter will sell next year for $2.5 billion to Google (or some other company that can come up with that kind of money). And Facebook will IPO.”He also thinks the high price will be based on non-rational factors: “They want to acquire it for the trophy factor, like top lawyers fighting to get the most expensive downtown offices. It’s an ego and brand thing.”What Insights Do You Get from This Data?We hope that people who are better qualified than us can describe what is significant in these deal terms, apart from the obviously high valuation.What jumps out at you from this data? How do you think this will play out? A Web Developer’s New Best Friend is the AI Wai… There is a lot of chatter in the blogosphere about the recent $100 million investment in Twitter at a $1 billion valuation, but most of it based on speculation. Twitter and Facebook are private companies. You cannot get the facts simply by typing a stock symbol into Yahoo Finance. Our mission at ReadWriteWeb is to add to the facts, not just the speculation. Rather than posting confidential information that someone has leaked to us, we prefer to start with publicly available data. That takes a lot of leg work and crawling through regulatory filings. Luckily, a firm in this industry does that professionally: the VC Experts Valuation and Terms database. It has given us access to and permission to publish the investment facts, as publicly recorded, for both Twitter and Facebook. We could not refrain from a bit of game theory speculation on how this could play out, and we invited a specialist in startup deals to add his speculation as well. But let’s start with the facts.The Twitter Rounds of Investment
Oil plant explodes in Pampanga town Urgent reply from Philippine football chief LeBron James’ 33, clutch 3 lift Lakers past Anthony Davis’ Pelicans SEA Games hosting troubles anger Duterte Tim Hardaway Jr. had one of the late Dallas 3s and finished with 20 points, while Dirk Nowitzki hit one early in the fourth for a five-point lead and finished with 11 points in the 40-year-old’s first home start in his record 21st season with the same franchise.Indiana’s Myles Turner, a former high school standout in the Dallas area, scored 13 points. Thaddeus Young had 11.TIP-INSPacers: C Kyle O’Quinn was given a flagrant 1 for a hard foul that sent Doncic to the floor in the first quarter. Doncic, who was going for a dunk when O’Quinn met him in midair, also lost a shoe on the play. … G Tyreke Evans was out with food poisoning, and F Domantas Sabonis was out with a sprained left ankle.Mavericks: Doncic has 16 turnovers in two games. He had seven two nights after a season-high nine. … Dallas has three 20-point scorers in the same game for the second straight game after failing to do that in the first 59 contests of the season. … F Dwight Powell scored 12 points. … G Devin Harris had five points on his 36th birthday, including a circus layup in the first halfFORMER MAVS PARADEMatthews, who got a nice ovation when the starters were announced, wasn’t the only former Dallas guard for Indiana. Darren Collison (seven points, four assists) was with the Mavericks in 2012-13, while Doug McDermott (three points) spent part of last season with them.In the second quarter, the Mavericks played a video tribute to Matthews, who stood up from the Indiana huddle on the bench and waved to the fans. “I was surprised, not with the reception, but with the tribute,” said Matthews, who spent three-plus seasons in Dallas. “I’m grateful for all the people here in Dallas. I just wish they would have lost tonight.”UP NEXTPacers: Minnesota at home Thursday, with Timberwolves going for first two-game season sweep since 2006-07. View comments PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss LATEST STORIES Bojan Bogdanovic led the Pacers with 22 points as Indiana lost consecutive games for the first time since the last of a season-high four straight losses on Jan. 31. Indiana had won eight of 10 coming into the game.“It’s a great home team,” Matthews said of the Mavericks, who are playoff long shots in the Western Conference but improved to 21-10 at home. “They do tend to make more shots at home. Couple breakdowns on the defensive end kind of get them in rhythm early.”The Mavericks were in a rhythm late too, making their last six 3-pointers in the final six minutes. That clutch stretch was capped by another shot from well behind the arc by Doncic for a 110-101 lead with 40 seconds remaining.Doncic hit the clincher in front of the Indiana bench and stared in that direction, saying after the game that an assistant coach had been talking trash throughout the game. He also had some good-natured banter with his former backcourt mate in Matthews.“He’s my guy,” said Doncic, who was matched up with Matthews most of the game. “He was talking a lot in the game. It was real fun.”ADVERTISEMENT Grace Poe files bill to protect govt teachers from malicious accusations ‘We are too hospitable,’ says Sotto amid SEA Games woes Indiana Pacers forward Bojan Bogdanovic (44) defends as Dallas Mavericks forward Luka Doncic (77) works to the basket during the second half of an NBA basketball game in Dallas, Wednesday, Feb. 27, 2019. (AP Photo/Tony Gutierrez)DALLAS — Luka Doncic made a long 3-pointer on a pass from Jalen Brunson before getting the ball to his fellow Dallas rookie for another big bucket from behind the arc.The first-year sensation’s final game as a teenager turned into a big night for the two-time NCAA champion from Villanova as well.ADVERTISEMENT Mavericks: Memphis at home Saturday.Sports Related Videospowered by AdSparcRead Next Private companies step in to help SEA Games hosting US judge bars Trump’s health insurance rule for immigrants Doncic had 26 points and 10 rebounds, Brunson scored a season-high 24 points and the Mavericks ended a five-game losing streak with a 110-101 victory over the Indiana Pacers on Wednesday night.Doncic, the only teenager in NBA history with multiple triple-doubles, didn’t have a shot at his fifth late. But the budding star and No. 3 overall draft pick who turns 20 Thursday had two of his seven assists on a pair of key 3-pointers, one of those by Brunson for an eight-point lead with a minute to go.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSUrgent reply from Philippine football chiefSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption charges“I’m there to help keep the energy,” said Brunson, a second-round pick who was 9 of 14 from the field and had five assists. “Obviously Luka means a lot to this team, but I try to play pickup defense and stay available for my teammates. I’m there to play hard.”Wesley Matthews scored 20 points in his first game against his former team after going to New York in Dallas’ blockbuster deal with the Knicks. Matthews signed with the Pacers as a free agent. PDEA chief backs Robredo in revealing ‘discoveries’ on drug war Don’t miss out on the latest news and information. MOST READ
Crystal Palace launch bid for Everton striker Niasseby Paul Vegas10 months agoSend to a friendShare the loveCrystal Palace have launched a bid for Everton striker Oumar Niasse.The Sun says Palace have made a £6.5million bid for Niasse.Eagles boss Roy Hodgson has turned to the 28-year-old Senegalese international after a loan deal for Liverpool’s Dominic Solanke fell through.Hodgson is desperate for another striker to boost his team’s fight for Premier League survival.And he believes Niasse can supply the goal power he needs while record signing Christian Benteke continues to recover from knee surgery.Everton boss Marco Silva will not stand in the way of a player who has not started a single Premier League game this season or scored since last May. TagsTransfersAbout the authorPaul VegasShare the loveHave your say
point guard derryck thonton dukeJust one day after he met face-to-face with Duke head coach Mike Krzyzewski, five-star Henderson (Nev.) Findlay Prep point guard Derryck Thornton has committed to the Blue Devils, according to ESPN’s Paul Biancardi. Breaking News. PG Derryck Thorton has told ESPN that he has made a verbal commitment to Duke. STORY http://t.co/cdlFzc6kM1— Paul Biancardi (@PaulBiancardi) April 21, 2015As Biancardi states, Thornton will reclassify to 2015 and enroll at Duke this summer. His decision fills a crucial void for the national champions, who didn’t have a true point guard on their roster following the departures of Quinn Cook and Tyus Jones. The 6-foot-2 Thornton will be expected to run the show for Krzyzewski’s squad, which is still in the running for a handful of 2015 recruits, including five-star wing Brandon Ingram. Despite the losses of Jones, Cook, Justise Winslow and Jahlil Okafor, Duke projects as a borderline top-10 team next season with Thornton, forward Chase Jeter, shooting guard Luke Kennard and Rice transfer Sean Obi joining a nucleus of returnees which includes starting forward Matt Jones, Final Four hero Grayson Allen and veteran big men Marshall Plumlee and Amile Jefferson.
Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries, held a christening ceremony for a liquefied petroleum gas (LPG) carrier, currently under construction for JX Ocean, on March 12.Named Future Ace, the new ship will be the twelfth of Mitsubishi Shipbuilding’s latest third-generation, 83,000 m3-class LPG carriers.In addition to increased energy-efficiency, the ship will have the capability to adapt flexibly to major LPG terminals worldwide, as well as specifications compatible with the new expanded Panama Canal, the shipbuilder explained.Featuring a length of 230 meters and a width of 36.6 meters, Future Ace is scheduled for completion and delivery for the end of March, 2019.The 48,167 ton vessel was launched on December 27, 2018. It is equipped with the Mitsubishi SOx scrubber system, which complies with the tighter regulations on marine SOx emissions that will come into effect in 2020.Image Courtesy: Mitsubishi Heavy Industries