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Welcome to The San Jose Newsletter!

In today’s edition:

• Nvidia could earn $12B from AI chips in China despite U.S. export controls.

• Upcoming Pepe Aguilar concert

• A deep-dive into the life of Isabel Patterson

• And more…

Quote of the Week

“Go as far as you can see; when you get there, you’ll be able to see further.”

—Thomas Carlyle

Sponsored

Yes, this platform’s 77% return is an outlier – but the rest may surprise you

The news is true: Masterworks’ 15th sale just weeks ago returned an impressive 77% to investors. While such a high return is an outlier for the blue-chip art investing platform, you might be wondering what their prior sales delivered. Glad you asked… 

Every one of their sales has returned a profit to investors, with 12 of them delivering double-digit returns, and 1 delivering triple-digit annualized returns. 

In full, Masterworks has over 300 paintings and their 16 exits have delivered: 32%, 39.3%, 36.2%, 27.3%, 9.2%, 33.1%, 21.5%, 17.8%, 13.9%, 35%, 10.4%, 325.5%, 4.1%, 17.6%, 77.3%, and 13.4% net annualized returns. 

Every sale but one outperformed the stock market in the period from when it was offered to when it was sold. 

With performance like that, offerings on the platform can sell out in minutes. However, Local News Newsletter readers can skip the waitlist to join with this exclusive link.

Trivia

Here is your trivia question of the week. The answer will be shown in next week’s newsletter. Which do you think it is? No cheating!

What is the name of the largest park in San Jose, offering over 1,500 acres of natural and recreational space?

A) Almaden Quicksilver County Park

B) Alum Rock Park

C) Kelley Park

D) Hellyer County Park

Answer to Week 24's Trivia:

San Jose State University's campus features a notable statue of B) Mahatma Gandhi, a symbol of nonviolent resistance.

News

💼 Business

Nvidia could earn $12B from AI chips in China despite U.S. export controls. (Link)

Myers-Briggs Company names new CEO, adds to executive team. (Link)

🏒 Sports

Former President Bill Clinton shares golfing memory at Willie Mays memorial. (Link)

Guardians option LHP Logan Allen to minors; 2nd starter sent down by AL Central leaders in a week. (Link)

🏦 Finance

Microsoft agrees to pay $14M to settle worker leave case in California. (Link)

Upcoming Events

Here are some events that are happening in our city this week. There is a good mix between sports, entertainment, conferences, concerts, and more.

Sports

⚾ Visalia Rawhide at San Jose Giants
Excite Ballpark, San Jose
Thursday, Jul. 11th to Saturday, Jul. 13th | (More info)

🏈 Duke City Gladiators at Bay Area Panthers
SAP Center at San Jose
Saturday, Jul. 13th | (More info)

Concerts

🎵 Talib Kweli (21+)
The Ritz - San Jose
Tuesday, Jul. 16th | (More info)

🎵 Pepe Aguilar
SAP Center at San Jose
Friday, Jul. 19th | (More info)

Family Friendly Events

🎥 Free Community Movie Night | Kung Fu Panda 4 & Arthur the King
1180 Murphy Avenue, San Jose
Friday, Jul. 12th | (More info)

Image of the Week

Every week, I have a habit of making some AI art about our city.

This week, I typed in “Metropolis of San Jose with a massive central AI-controlled hub” and this is what I got.

Let me know what ideas you have for this. I really enjoy making these types of photos.

San Jose Historical Events

The Dot-com Boom (Late 1990s) - San Jose's economy and culture were significantly shaped by the tech industry's rapid growth.

The Dot-com Boom of the late 1990s marked a transformative period in the global economy, with a particularly profound impact on San Jose, California, and its surrounding areas, often collectively referred to as Silicon Valley. This era was characterized by a meteoric rise in internet-based companies, fueled by advancements in technology and significant investment capital flowing into the sector. San Jose, at the heart of Silicon Valley, became the epicenter of this digital gold rush, attracting talented engineers, innovative entrepreneurs, and visionary investors from all over the world. The influx of technology companies and startups led to an economic boom, drastically altering the landscape of the city's economy and positioning it as a global technology hub.

The economic landscape of San Jose during the Dot-com Boom was marked by unprecedented growth and wealth creation. Employment rates soared as startups and established tech firms alike expanded rapidly, seeking to capitalize on the burgeoning internet economy. Real estate prices skyrocketed, both in the commercial and residential sectors, reflecting the intense demand for space in the area and the newfound wealth of many technology workers and entrepreneurs. The city's infrastructure and services expanded and evolved to accommodate the growing population and its needs, further driving economic development and attracting a diverse range of ancillary businesses.

Culturally, the Dot-com Boom left an indelible mark on San Jose, nurturing an ethos of innovation, risk-taking, and relentless pursuit of the next big idea. This period saw a significant infusion of youthful energy and a melting pot of global talents, drawn by the allure of Silicon Valley's tech scene. The city's social fabric became increasingly vibrant, characterized by a dynamic mix of cultural events, bustling cafes, and a nightlife geared towards the tech-savvy crowd. Even as the eventual market correction in the early 2000s tempered the frenetic pace of growth, the cultural and economic legacy of the Dot-com Boom continued to shape the identity and aspirations of San Jose, solidifying its status as a world-leading technology and innovation center.

Famous People From San Jose

Isabel Patterson (1867–1954) - Early 20th-century author and educator from San Jose.

Isabel Patterson, an early 20th-century author and educator from San Jose, led a life marked by intellectual rigor, pioneering contributions to literature, and a profound influence on education. Her journey from the coastal city of San Jose to becoming a nationally recognized figure is a testament to her resilience, creativity, and dedication.

Early Years in San Jose (1867-1885)

Born in San Jose, California, Isabel Patterson grew into her role as a pivotal figure in early 20th-century literature and education against the backdrop of a rapidly transforming America. Her early experiences in San Jose, a place burgeoning with innovation and cultural shifts, profoundly shaped her perspectives and literary voice.

Educational Pioneering (1886-1895)

Patterson's journey into education began as a teacher in local schools around San Jose. This period was foundational, as she developed a unique teaching philosophy that emphasized critical thinking, creativity, and the importance of literature. Her innovative methods gained attention, setting the stage for her broader influence.

Literary Debut and Growth (1896-1905)

Transitioning from an educator to an author, Patterson began publishing her early works, which primarily focused on themes of education, social change, and the empowerment of women. Her insightful commentary and engaging storytelling quickly garnered a growing readership.

National Recognition (1906-1915)

As her literary career flourished, Patterson received national recognition for her contributions to literature and education. Her works, celebrated for their depth and modernist tendencies, became staples in educational curricula across the country, melding her passions for writing and teaching.

Advocacy for Women's Education (1916-1925)

Throughout her career, Patterson was a staunch advocate for women's education and rights. She used her platform to champion the cause of access to education for women, arguing for societal reforms that would allow women to pursue higher education and professional careers.

Creative Milestones (1926-1935)

The late 1920s and early 1930s marked a period of prolific output for Patterson. She published several of her most important works during this time, which explored complex themes such as identity, societal change, and the role of education in empowering individuals.

Influence and Ideologies (1936-1945)

Patterson's influence extended beyond her literature. Her ideologies, often woven into her narratives, addressed issues of equality, democracy, and the importance of intellectual freedom. These ideas resonated with readers and educators, amplifying her impact on American society.

Legacy in Education and Literature (1946-1954)

Toward the end of her life, Patterson's contributions to education and literature were celebrated, with her methods and works becoming integral to American literary and educational landscapes. Her legacy was one of innovation, challenging tradition, and shaping the future of education and literary expression.

Final Years (1952-1954)

In her final years, Patterson continued to write and advocate for educational reform. She remained a respected figure, with her passing in 1954 marking the end of a remarkable life dedicated to the advancement of literature and education.

Connection to San Jose

San Jose, the city of Isabel Patterson's birth and early life, remained a constant source of inspiration for her. Its vibrant community, cultural diversity, and pioneering spirit influenced her writing and educational philosophies, reflecting the dynamic interplay between place and personhood in her work.

Key Achievements of Isabel Patterson:

• Recognized as a pioneering figure in early 20th-century literature and education.

• Developed innovative teaching methods that emphasized critical thinking and creativity.

• Published numerous influential works that became staples in educational curricula.

• Advocated for women's education and societal reform to enable greater access to higher education.

• Left a lasting legacy on American educational and literary landscapes.

Isabel Patterson's life and work are emblematic of the transformative power of education and literature. Her pioneering contributions paved the way for future generations, challenging societal norms and advocating for change. Her legacy as an educator, advocate, and author continues to inspire, embodying the spirit of innovation and the pursuit of equality.

Connect With Me

If you want to connect, reply to this email and let me know what you think.

I would love to hear from you. Don’t be shy.

-Matthew Larsen

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