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Welcome to The San Francisco Newsletter!

In today’s edition:

• Peninsula vaccine maker grabs space from neighbor in sublease deal.

• Upcoming San Francisco Giants match

• A deep dive into the life of Maya Angelou

• 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.

San Francisco 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!

Which San Francisco park is famous for its stunning views of the Golden Gate Bridge and its history as a former military fort?

A) Golden Gate Park

B) Presidio of San Francisco

C) Alamo Square Park

D) Dolores Park

Answer to Last Week's Trivia: The name of the famous street in San Francisco that has been featured in numerous movies and is known for its series of eight tight hairpin turns is B) Lombard Street.

The Best Stories of the Week

💼 Business

Federal Home Loan Bank doubles down on housing grants. These projects stand to benefit. (Link)

Peninsula vaccine maker grabs space from neighbor in sublease deal. (Link)

🏒 Sports

Former Warriors center choked in bar fight after missing 2024 Olympics. (Link)

New Warriors guard won't be joining Steph Curry in the 2024 Olympics, blasts refs. (Link)

🏦 Finance

Grateful Dead livestreamer Nugs.net sued by former CFO over alleged tax fraud scheme. (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

⚾ Toronto Blue Jays at San Francisco Giants
Oracle Park, San Francisco
Thursday, Jul. 11th | (More info)

⚾ Minnesota Twins at San Francisco Giants
Oracle Park, San Francisco
Friday, Jul. 12th and Saturday, Jul. 13th | (More info)

Music & Concerts

🎵 Lucky Daye
Warfield, San Francisco
Thursday, Jul. 11th | (More info)

🎵 Whethan
The Independent, San Francisco
Friday, Jul. 12th | (More info)

Family

📚 Living and Loving Beyond the Monogamous Nuclear Family
3092 16th Street, San Francisco
Wednesday, Jul. 24th | (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 “San Francisco where each district represents a different season” and this is what I got.

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

San Francisco History

1974: Patty Hearst kidnapped in San Francisco by the Symbionese Liberation Army.

In February 1974, a shocking event unfolded in San Francisco when 19-year-old Patty Hearst, the granddaughter of newspaper magnate William Randolph Hearst, was kidnapped from her Berkeley apartment by the Symbionese Liberation Army (SLA). The SLA, a small urban guerrilla left-wing group, abducted Hearst at gunpoint, sparking a media frenzy and a nationwide search for the heiress. Months later, on September 18, 1975, Hearst was found and arrested in San Francisco, 19 months after her abduction. This high-profile case captivated the public and raised questions about Hearst's involvement with the SLA during her time in captivity.

The kidnapping of Patty Hearst by the Symbionese Liberation Army in 1974 sent shockwaves through San Francisco and the nation. Hearst, a member of the wealthy Hearst family, was held captive for 19 months before being apprehended in San Francisco. The case raised complex questions about Hearst's actions during her captivity and her involvement with the SLA, leading to a highly publicized trial and intense media scrutiny. The events surrounding Hearst's kidnapping and subsequent arrest continue to be a subject of fascination and debate, shaping the narrative of San Francisco's history.

Patty Hearst's kidnapping by the Symbionese Liberation Army in 1974 remains a significant and controversial chapter in San Francisco's history. The case brought attention to issues of radicalism, privilege, and the power dynamics at play during a tumultuous period in American history. The story of Hearst's abduction, her time in captivity, and the aftermath continues to be a topic of interest, sparking discussions about the complexities of identity, coercion, and the influence of extremist groups.

Famous San Franciscans

Maya Angelou - Poet, memoirist, and civil rights activist.

Maya Angelou, a renowned poet, memoirist, and civil rights activist, left an indelible mark on San Francisco through her remarkable life and contributions. Born Marguerite Annie Johnson in 1928 in St. Louis, Missouri, Angelou's journey was marked by resilience, creativity, and a commitment to social justice.

Early Life and Childhood (1928-1940s)

Marguerite Annie Johnson, known as Maya Angelou, was born on April 4, 1928, in St. Louis, Missouri. Her early years were shaped by the challenges of her parents' tumultuous marriage and subsequent divorce, leading her to live with her paternal grandmother in Stamps, Arkansas. It was during this time that her older brother, Bailey, gave her the nickname Maya, a name that would become synonymous with her legacy.

Artistic Pursuits and Early Career (1950s-1960s)

Angelou's artistic talents blossomed as she pursued a career as a dancer, singer, and actor. Her creative journey led her to San Francisco, where she became a prominent figure in the city's cultural and artistic scene. During this period, she also worked as the first black, female San Francisco streetcar conductor, breaking barriers and paving the way for future generations.

Literary and Civil Rights Contributions (1960s-1970s)

In the 1960s, Angelou's literary career took off with the publication of her acclaimed memoir, I Know Why the Caged Bird Sings, which garnered widespread acclaim for its powerful portrayal of her experiences. Her writing and activism became intertwined as she used her voice to advocate for civil rights and social change, making a lasting impact on the San Francisco community and beyond.

Connection to San Francisco (Throughout Life)

Angelou's connection to San Francisco was deeply rooted, and she remained a longstanding member of the Glide community since her teenage years in the city. Her presence and influence in San Francisco's cultural and social fabric were profound, shaping the city's artistic and civil rights landscape.

Legacy and Impact (Post-2010)

Maya Angelou's legacy extends far beyond her literary achievements. She is remembered as a symbol of resilience, empowerment, and social justice, with her words and actions continuing to inspire and uplift communities around the world. Her impact on San Francisco remains a testament to her enduring influence and contributions to the city's cultural heritage.

Key Achievements of Maya Angelou:

• Acclaimed poet, memoirist, and author of I Know Why the Caged Bird Sings.

• First black, female San Francisco streetcar conductor, breaking barriers in public transportation.

• Advocate for civil rights and social change, using her voice to inspire and empower others.

• Enduring legacy as a cultural icon and symbol of resilience and empowerment.

• Indelible mark on San Francisco's artistic, literary, and civil rights landscape.

Maya Angelou's life and work continue to resonate with audiences worldwide, and her impact on San Francisco remains an integral part of the city's cultural heritage and social consciousness."

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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