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☆ Urban golf courses are making housing more expensive and parks harder to access — and taxpayers are footing the bill
▼ + stars: | 2023-11-05 | by ( Eliza Relman | ) www.businessinsider.com time to read: +11 min

Many states subsidize golf courses with low property taxes, so non-golfers are footing the bill. David Madison/Getty ImagesUrban golf courses also cost taxpayers — even those who don't play — a lot of money. Proponents of retrofitting courses note that reducing the number of golf courses would help boost revenue for courses that do survive. "But then on the flip side, we have these public golf courses that are just these almost vacuous spaces that are quite underutilized." He noted that projects that just involve turning golf courses into parks are often most palatable to neighbors.

Persons: —, they'd, Franciscans who'd, Zach Klein, VDERHLrowD, David Madison, it's, Malcolm Gladwell, Scottie Scheffler, Richard Heathcote, Mitchell Reardon, htpq6Uqx8q — Cork Gaines, Ray Delahanty, Jennifer Keesmaat, Keesmaat, Don, RENE JOHNSTON, Charlie McCabe, he's, Former California Assemblymember Cristina Garcia, McCabe, Reardon Organizations: Urban, Service, Franciscans, Olympic, Getty, Los Angeles Country Club, United, 123rd U.S, YouTube, Center, City, Trust, Public, Denver, Council, Democrat Locations: Presidio, U.S, San Francisco , California, California, San Francisco's, Golden, Beverly Hills, United States, Los Angeles , California, Cities, Florida, Toronto, haven't, Don Valley, Toronto , Ontario, New Orleans, Former California, Los Angeles County

It had been more than 50 years since a woman played on the PGA Tour. Political Cartoons View All 1206 ImagesAnd then there was Michelle Wie West, who played eight times on the PGA Tour. Thompson has gone 73 starts on the LPGA Tour since her last win at the ShopRite LPGA Classic in 2019. “I know that Lexi at times has been one of the top players on the LPGA Tour and she's obviously very athletic. The spotlight and any negativity about playing a PGA Tour event don't seem to be a problem.

Persons: Lexi Thompson, Thompson, ’ ” Thompson, Michael Kim, Ben Griffin, “ I'm, ” Thompson, Brittany Lincicome, Annika Sorenstam, Suzy Whaley, Michelle Wie West, ”, ” Kim, Peter Malnati, “, Lexi, ” Malnati, Lydia Ko, Kevin Roy, Trevor Werbylo Organizations: Shriners Children's, PGA, PGA Tour, Colonial, Greater Hartford, Shriners, LPGA, LPGA Tour, Solheim, FedEx, U.S, Women's, Olympic Club, ANA Locations: Arkansas, Texas, Saudi, Spain, Europe, Vegas

☆ Startup studio Fractal created 130 companies in 3 years. Founders say the deal structure has led VCs to 'blacklist' them.
▼ + stars: | 2023-06-29 | by ( Melia Russell | Stephanie Palazzolo | ) www.businessinsider.com time to read: +19 min

www.fractalsoftware.comOf the dozens of Fractal startups that have raised a seed round of funding, about half had Bienville Capital lead the deal, according to people familiar with the matter. Others say they knew what they were getting into with a venture studio, where a large ownership position is standard. Brendan Smialowski/AFP via Getty ImagesThe biggest draw for some Fractal founders was its plug-and-play approach. The founder of one Fractal startup remembered a time when his company was struggling to grow its customer base. That firm is raising a new $325 million fund to provide additional funding to Fractal companies exclusively, according to a person familiar with the effort.

Persons: Fractal's, he'd, they'd, Andreessen Horowitz, Mike Furlong, Nate Baker, Bienville, —, Brendan Smialowski, Founders, Angela Lee, Furlong, Baker, Ezra Shaw, who'd, who's, It's, Lee, She's, 8VC, Bain, Jeff Greenberg, Omri Bloch, who've, didn't, Stephanie Palazzolo, Melia Russell Organizations: Flatiron Health, Bienville, Insight Partners, Bienville Capital, Getty, Columbia Business School, Alpha, Midwest, Science, Olympic Club, Tiger Global, Craft Ventures, Founders, Vertical Venture Partners, Zag, Crew Capital, Bain Capital, Universal, Foundation, Fifth Locations: Bienville Capital, New York, Bienville, Indio, AFP, Santa Monica , California, Miami, San Francisco, GreenSpark, Columbia, Barti, Aktos, Bessemer, 8VC

☆ U.S. Open Shows a Fiercer Side, but Low Scores Abound Anyway
▼ + stars: | 2023-06-16 | by ( Alan Blinder | ) www.nytimes.com time to read: +1 min

Few golfers relish a U.S. Open quite like Brooks Koepka. He first lifted a major trophy at Erin Hills in 2017, and then he did it again the next year at Shinnecock Hills. But Koepka has this week become a paradoxical, brand-name exhibit in an unexpected debate: Is this U.S. Open, the first at the venerable and cloistered Los Angeles Country Club, too easy? It was only on Tuesday that Koepka had been talking about how the tournament’s historical ferocity was a perverse source of comfort. “If it’s going to be a birdiefest where 20-, 21-under wins,” Koepka added, “that’s really not the style.”

Persons: Brooks Koepka, Koepka, “, ”, —, ” Koepka, “ that’s Organizations: Olympic Club, Los Angeles Country Club Locations: U.S, Pinehurst, Shinnecock, Erin

☆ Jaden Soong, 13, impresses as youngest ever to attempt final stage of US Open qualifying
▼ + stars: | 2023-06-06 | by ( Jack Bantock | ) edition.cnn.com time to read: +3 min

A seventh grader at Thomas Starr King Middle School in California, Soong was granted absence time to compete in the grueling two round, 36-hole event dubbed “Golf’s Longest Day”. Soong became the youngest ever to reach the final round of US Open qualifying after edging through a three-way first stage playoff at Brentwood Country Club in California last month, securing his passage with a 12-foot putt. Zhang in action at the 2012 US Open at The Olympic Club in San Francisco, California. Neither Block stamped their ticket to the major next week, with the youngest finishing three shots behind Soong. His father missed out in agonizing fashion, finishing just two shots behind the highest scoring qualifier at Ontario’s Lambton Golf and Country Club and just one shy of making it on to the alternate list.

Persons: Jaden Soong, Thomas Starr, Soong, Brendan Steele, Dylan Block, Michael Block, Andy Zhang, Zhang, Harry, Bella Simões, Lexi Thompson, Rose Zhang Organizations: CNN, US, Hillcrest Country Club, Thomas Starr King Middle School, Los Angeles Country Club, Hillcrest, Brentwood Country Club, Olympic Club, Stanford University, Mizuho, Ontario’s, Country Club Locations: Los Angeles, California, Toronto, Canada, San Francisco , California, Brazilian, Ontario’s Lambton

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