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He deplored spiritualism, séances, and mediums, all of which underwent a revival in the wake of World War I and the influenza pandemic. He was on a quest to expose mediums and psychics as the charlatans he believed them to be. Reflecting Americans’ belief in spirits unseen, some of the country’s first families held séances at 1600 Pennsylvania Avenue. They nursed their grief with the help of mediums, demonstrating that séances aren’t only about the deceased; they’re also about the living. An IPO dispatch…Ibotta, a digital marketing software provider, shares rose 17% in its public markets debut, with the company raising $577 million in its IPO.
Séances at the White House? Why these first ladies turned to the occult
Nearly half of the building, located at the corner of Harwood Street and Woodall Rodgers Freeway, has been pre-leased to Charlotte financial institution Bank of America. Still, according to Eggen, who was previously the managing director of Qualcomm Ventures North America, it’s not all rainbows and unicorns in CVC land. The environment for CVCs, Eggen says, is actually kind of mixed right now—some CVCs are dialing back investments, while others are doubling down. By World War II, spiritualism no longer attracted the acolytes it once had, and White House séances became a curious footnote in history.
Food
To make solid venture investments, a CVC needs to be able to think and act independently of the more entrenched ideas that a parent company might have. And though returning capital is important, it’s not the only thing that matters—large companies also expect strategic gains, whether that’s new technology or a new product geared towards the company’s customers. “More than 70 new CVC units started in 2023, and the number of corporate venture capital organizations grew 10x over the last decade,” said Sneha Shah, EVP and head of new business ventures at SEI, via email. Some reports estimate that there are as many as 2,000 CVCs, up from several hundred in 2021. Corporate venture capital, or CVC, is a bridge between the public and private markets.
Parkside Uptown — Bank of America’s future Dallas home — finds $290 million
Anna is a real estate reporter for The Dallas Morning News. She previously served as managing editor and real estate editor of the Dallas Business Journal. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. Evergreen Trading is a media investment firm headquartered in NYC. We help brands achieve their goals by leveraging their unwanted assets to... A jury in Dallas County found Irving-based Walker Engineering liable in the death of a worker on one of its job sites, awarding his widow and four children $71.95 million.
The number of CVCs has increased rapidly in recent years. But how are those CVCs actually doing?
This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers in venture capital and private equity. “CVC can be the ultimate platform, but it has to be done right,” Eggen says. The big mistake that many CVCs make is to be overly dependent on their corporate parents.
The funds vary radically in size, structure, and objectives. I’m a fan of fortune house but I ordered the garlic honey pork thing yesterday when I went and there was barely any meat in the dish. It just tasted like fried skin covered in honey garlic sauce. I couldn’t even finish my meal cause my stomach instantly hurt from eating fried skin. Still paid for the meal and didn’t want to take the food back ( cause I’m not that person ). So, did the Coolidges employ a medium to contact their son?
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The Fox sisters’ allegations electrified Americans eager to connect with deceased loved ones—individuals such as Jane Pierce. Fascinated by their narrative, she invited them to Washington. On January 6, 1853, newly elected president Franklin Pierce and his wife Jane experienced every parent’s worst nightmare. Their only surviving child, 11-year-old Bennie, died in a horrific train accident in Massachusetts.
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Pulitzer Prize-winning historian and Lincoln biographer David Herbert Donald used surviving documents to calculate that the first lady may have held eight séances in the White House. The boy’s death devastated both his parents, but Mary Todd Lincoln’s grief was especially debilitating. She stayed in bed for weeks and couldn’t bear to attend his funeral. But even when she rejoined society, Lincoln longed for a reunion with her deceased son.
Lincoln was killed before their eyes. Then their own horror began.
The White House was again in a state of mourning during the presidency of Calvin Coolidge in 1924. Coolidge’s 16-year-old son Calvin played a game of tennis––but he wasn’t wearing socks with his shoes. A blister formed on a toe and festered, and the infection turned septic. National and personal tragedy converged in the thick of the Civil War when Abraham and Mary Todd Lincoln buried one of their children. On February 20, 1862, 11-year-old Willie Lincoln died in the White House after battling typhoid fever for weeks.

No one knows what exactly occurred between Pierce and the Fox sisters. But the White House session may have mirrored the Fox sisters’ other séances, which commenced with guests sitting in a circle, holding one another’s hands, and reciting a prayer. Then, the rappings would begin, and the sisters would allegedly lift the veil on the spirit world.