Capitol Fax.com - Your Illinois News Radar » Bradley Tusk has come a very long way
SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Bradley Tusk has come a very long way

Thursday, Sep 14, 2017

* Journal-Standard editorial

He misses his family. He’s had to mop floors, wash dishes and scrub toilets. Maybe the work will do him good.

Because while he was governor, he avoided the hard work necessary to help Illinois thrive.

Former Deputy Gov. Bradley Tusk testified during the former governor’s trial that Blagojevich often was missing in action, was hard to contact and didn’t seem to care what legislation passed.

Tusk verified what others had observed: Blagojevich had little interest in doing the hard work it takes to lead a state. A Chicago television reporter once camped outside Blagojevich’s bungalow and found the governor rarely left his home except to go jogging.

* Crain’s

Political operative Bradley Tusk got into the venture capital game by accident, but he couldn’t have had a better start. In 2011 he agreed to accept shares in a ride-hailing startup in exchange for guiding entrepreneur Travis Kalanick through the maze of New York’s taxi regulations. Those shares of Uber, paid in lieu of Tusk Strategies’ $25,000-a-month fee, are believed to be worth $100 million now. […]

His two-year-old Tusk Ventures is in the midst of closing its first fund, having raised $31 million to invest in businesses in need of help negotiating regulated markets. The fund will also take advantage of opportunities that come along among the 28 companies Tusk Ventures has a stake in. […]

“I was seen as ‘Who is this political guy, and why am I giving him money?’” he recalled. “But people started to realize [that] almost every new company is a tech company, and most new businesses are regulated by government in some way. And entrenched interests don’t just say thank you when they’re disrupted. They punch back. So we’re needed.”

A hundred million bucks. Not bad.

- Posted by Rich Miller        

15 Comments
  1. - JoeMaddon - Thursday, Sep 14, 17 @ 10:06 am:

    Damn… I’m doing it wrong.


  2. - Precinct Captain - Thursday, Sep 14, 17 @ 10:15 am:

    Is Tusk going to run for office some day?


  3. - Yiddishcowboy - Thursday, Sep 14, 17 @ 10:19 am:

    That Tusk…what an uber-bright guy…always had a good, pragmatic head on his shoulders. Not surprised he’s come this far. Mazel tov.


  4. - DuPage - Thursday, Sep 14, 17 @ 10:22 am:

    ==had little interest in doing the hard work it takes to lead a state==

    That description fits both Blago and Rauner.


  5. - Government Cog - Thursday, Sep 14, 17 @ 10:28 am:

    Following in the footsteps on Jerry Reinsdorf, who parlayed his knowledge of the tax code as an IRS attorney into a specialty shop creating tax shelters and eventually a $1.2 billion fortune.


  6. - Truthteller - Thursday, Sep 14, 17 @ 10:38 am:

    I guess if you can stomach Blagojevich and Kalanick, you can get ahead in this world. That $100 million came at a high price, but I’m sure Tusk thinks it is worth it


  7. - CLJ - Thursday, Sep 14, 17 @ 10:42 am:

    $100 million on paper for a company that burns twice that much in a month. I would have taken the $25,000 per month since some “advisers” cashed twice that amount to deal with regulatory issues for the company in Chicago.


  8. - ArchPundit - Thursday, Sep 14, 17 @ 10:58 am:

    ===Is Tusk going to run for office some day?

    Is personal project was to defeat De Blasio this cycle in NYC. I think he’s doing better at the private sector thing.


  9. - Annonin' - Thursday, Sep 14, 17 @ 11:00 am:

    One of the outfits listed in Tusk Ventures is Kickback
    TThat Bradley always the jokester


  10. - hisgirlfriday - Thursday, Sep 14, 17 @ 11:05 am:

    Whenever Tusk’s name comes up I can’t help but remember his vapid comments in some profile about how he didn’t understand until after being appointed deputy governor that Illinois was a diverse state with different mindsets in different regions.

    Also if Tusk is worth $100 mill out of this, I wonder how much John Wyma and Bob Greenlee have made? they work at tusk ventures too per the website.


  11. - 47th Ward - Thursday, Sep 14, 17 @ 11:14 am:

    Who knew Bradley Tusk would be remembered as one of Illinois’ more competent governors?

    Seems like just yesterday that we took the training wheels off his little bicycle and watched him ride the Blagojevich administration all by himself, like one of the big kids. He’s all grown up now. Sniffle.


  12. - Levois - Thursday, Sep 14, 17 @ 12:09 pm:

    I wish I was an investment banker!


  13. - Chicago Cynic - Thursday, Sep 14, 17 @ 12:19 pm:

    $100 million???? Boy, talk about being at the right place at the right time.


  14. - Downstate43 - Thursday, Sep 14, 17 @ 1:18 pm:

    He almost made enough to run for real Governor.


  15. - Former Leg Aide - Thursday, Sep 14, 17 @ 10:57 pm:

    Tusk was only too happy to talk about Blago after the fact. One of the reasons Illinois is in such poor shape is we don’t hold people like Tusk to account for being enablers of people like Blago.


TrackBack URI

Sorry, comments for this post are now closed.


* Reader comments closed for the weekend
* Brady makes some unusual appointments to discrimination and harassment task force
* Pritzker sues endorser, deletes ad she appeared in
* SUBSCRIBERS ONLY - Candidate announcement
* Best tweet of the day
* Question of the day
* Roskam race moved to "Toss Up" by Cook Political Report
* Kennedy lashes out at Emanuel, while Pritzker takes a softer approach
* Rauner refuses to weigh in on federal tax legislation
* Reports: Former Munger firm gets $12.5 million no-bid contract after a $12 million payment was frozen by Mendoza
* "Every time I see a little kid waving I always try to wave back"
* Londrigan, EMILY's List stand by their false statements
* In praise of Mary Ann Ahern
* George Will: Illinois "approaching a death spiral"
* Rauner urged to sign education funding "cleanup" bill
* Republican Party wants Durbin, Duckworth to give away Franken's cash
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Open thread
* Yesterday's stories

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............
<


Loading


* Watchdog: Quit stalling on Cook County justice .....
* Miller: An unusual alliance to fight Durkin - B.....


* $80M Mississippi River bridge opens from Illinois to Iowa
* $80M Mississippi River bridge opens from Illinois to Iowa
* New temporary US attorney named for central Illinois
* New temporary US attorney named for central Illinois
* EXCHANGE: Ex-general says military is a 'young man's game'
* EXCHANGE: Illinois family's service spans generations
* 2 men convicted in 1994 Chicago rape, murder to be retried
* Concealing homicide charge filed in slain bartender case
* Rev Jesse Jackson discloses Parkinson's disease diagnosis
* The Latest: Emanuel praises Jackson after health disclosure

* Springfield wants out of legislation limiting payments for 5G antennas
* Fact check: Are Gov. Rauner's grandparents immigrants?
* Londrigan accused of attacking Davis for 'opposite' of remarks
* Gov. Rauner signs sex harassment legislation
* Under the Dome Podcast: Governor's race, sexual harassment, Rodney Davis
* Electric cars, better fuel efficiency spell doom for Illinois gas tax
* Macoupin Co. highway renamed in honor of soldier who died in Vietnam
* Macoupin Co. highway renamed in honor of solder who died in Vietnam
* Schoenburg: Rep. Davis leads new caucus, pleased with White House access
* Rep. Davis leads new caucus, pleased with White House access

* Here's how Baker McKenzie profits from offshore tax system
* Cards Against Humanity works to maintain its naughtiness
* The either/or world of Cards Against Humanity: Funny or Die
* Why do people give? Not for the tax break.
* Wise up: Government budgets in Illinois are not balanced


* 5 hurt when car runs red light, hits minivan in Austin
* Investigation: Radioactive leaks at Illinois nuclear plants
* Man wanted for using elderly woman’s stolen credit card near Joliet
* Carjacker caught after being slowed in River Forest rush-hour traffic
* Man charged with selling meth in Elgin, faces up to 50 years in prison
* Buick Encore: The right moves in crossover competition
* Woman wounded in Southwest Side shooting
* 2 women critically injured in Humboldt Park fire
* High carbon monoxide levels prompt evacuation at South Shore building
* 1-year-old boy in car seat unharmed after vehicle theft on South Side


* Tinley may gauge interest in mental health center property, despite asbestos, abandoned sewage plant
* LINDA C. BLACK HOROSCOPES for 11/18/17
* Former Bears, Illini standout J.C. Caroline dead at 84
* TCF Bank in Oak Lawn robbed; FBI offering $1,000 reward for information
* AC/DC founding member Malcolm Young dead at 64
* Notoriously brutal 'boss of bosses' of Italian mafia, born in Corleone, dies in prison
* Director of Puerto Rico power company resigns amid blackouts, controversial contract
* Legal battle looming over white supremacist speaker Richard Spencer at University of Michigan
* After momentous week, prosecutor Kim Foxx says 'we have to right wrongs'
* Police find 1-year-old boy safe after he was taken in car theft


» State Week: Are Voters Thinking About 2018?
» Legislative Checklist: Veto Session
» How 3 Women Want To Make Illinois’ Political Future Female
» Illinois Supreme Court Weighing Seizure Of Woman’s Harley
» Illinois Supreme Court Weighing Seizure Of Woman's Harley
» Statehouse Ethical Issues Might Need Outside Oversight, Legislators Say
» Prosecutor: No More Indictments In Laquan McDonald Shooting
» Metra Board OKs Budget With Service Cuts, Fare Hikes In 2018
» For Illinois Sex Offenders, Six Years Can Turn Into Life In Prison
» State Week: Harassment Training, Veto Wins And Losses, Late Payments


* Ed Rogers: A Clinton special counsel won't help Republicans in 2018
* Guest View: Rural health care providers deserve our thanks
* Springfield wants out of legislation limiting payments for 5G antennas
* Fact check: Are Gov. Rauner's grandparents immigrants?
* Thumbs Up: To Springfield for seeking what the city is owed from Comcast
* Guest View: Federal tax reform bill will harm college students
* Guest View: Tax reform is key to Illinois growth
* Londrigan accused of attacking Davis for 'opposite' of remarks
* Gov. Rauner signs sex harassment legislation
* Under the Dome Podcast: Governor's race, sexual harassment, Rodney Davis


* Sister Antona Ebo, B-N native and civil rights leader, dies at 93
* PHOTOS: Decatur Park District’s 43rd Annual Turkey Trot
* High winds, hail possible as storms rumble through region
* Street closures listing
* Weather service extends flood warning
* What you may have missed: Lake Decatur search, SkyWest switch, fatal Clinton wreck
* Department of Labor reviewing comments on proposed closure of Golconda Job Corps Center
* Wristbands for wreaths
* Council to act on bike path grant; yard waste, former fire station buildings
* Council to act on tax levy


* FBI report on black 'extremists' raises new monitoring fears
* Trump delays new policy on importing elephant trophies
* Vatican: New probe begun into alleged sex at youth seminary
* Zagitova wins in France, qualifies for Grand Prix final
* Spurs overcome 23-point deficit to beat Thunder, 104-101

* Rep. Randy Hultgren congratulates McHenry ...
* 3 suburban GOP reps provide crucial votes ...
* US lawmakers to Duterte: 'Sovereignty does...
* Local Congressmen React to the Passage of ...
* DOJ to ban US lawmakers should Duterte ord...
* Hultgren whishes McHenry County College a ...
* Hultgren and Ruppersberger: Protect infras...
* Hultgren, Roskam help deliver tax bill for...
* SULLUM: Trump's 'great relationship' with ...
* US lawmakers urge Trump to prod Rody on dr...

* This RSS feed URL is deprecated...

* This RSS feed URL is deprecated...

* The Weekend In Chicago Rock
* The Week In Chicago Rock
* Sunday week in review.
* Keeping retirement weird. Our Miss Brooks.
* SportsMonday: Peak Bears
* Trump FCC Opens Corporate Media Merger Floodgates
* Ever-changing scene that is Chicago
* First Sip Cafe On Argyle To Open Thanksgiving Monday
* Brian Posen resigns from Stage 773 amid harassment allegations
* Is Pritzker building lists without peoples' consent


* Illinois Awarded Funds to Offer Advanced Training on Detecting Impaired Driving
* Illinois EPA Announces Upcoming Household Hazardous Waste Collection Events
* IEMA Highlights Emergency Preparedness for People with Access and Functional Needs in May - Ready Illinois website offers preparedness tips for people, caregivers
* First Lady Launches Illinois Family Connects
* Governor and Lt. Governor Unveil 2016 Journal of Local Government Shared Service Best Practices

  
* [Sponsored] Take advantage of Tomtop’s electric treadmill flash sale!
* NFL may expand match livestreaming away from Verizon phones
* Razer Hammerhead USB-C earbuds designed to compliment Razer Phone
* Honor V10 specs reportedly include headphone jack, slightly smaller battery
* The Razer Phone is now available at select Microsoft Stores
* HomePod unceremoniously delayed until early 2018
* Project Fi wants you to “Fi it Forward” for the holidays

* Sporcle Saturday: Top player performances
* LIVE: MLB Awards unveiled on Network
* White Sox face roster call on Clarkin, 6 more
* Thyago Vieira brings missing heat to White Sox bullpen battle
* MLB Awards grand finale (7 CT, MLB Network)
* White Sox trade for hard-throwing Vieira
* White Sox acquire prospect Vieira from M's


Main Menu
Home
Illinois
YouTube
Pundit rankings
Obama
Subscriber Content
Durbin
Burris
Blagojevich Trial
Advertising
Updated Posts
Polls

Archives
November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004

Blog*Spot Archives
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005

Syndication

RSS Feed 2.0
Comments RSS 2.0
WordPress




Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller