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Angel Investor (Individual)

Investments

4

Portfolio Exits

1

About Jamie McCourt

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Latest Jamie McCourt News

Ron DeSantis Fuels Presidential Bid With $200 Million War Chest Stuffed With California Cash

May 26, 2023

Film financier Ryan Kavanaugh and former Dodgers co-owner Jamie McCourt are among notable donors Tina Daunt | May 25, 2023 @ 5:40 PM Getty Images Florida Gov. Ron DeSantis is set to tap a formidable war chest featuring funds donated from prominent Californians to fuel his presidential bid. DeSantis has more than $80 million in his Florida officeholder account, according to Florida records, giving the Republican governor a sizable advantage in his newly announced campaign for the White House. His campaign is expecting to move most of that money into a DeSantis PAC called Never Back Down, giving him at least $200 million to take on former President Donald Trump in 2024. Californians donating to DeSantis’ Florida political coffers since 2020 include: Silicon Valley investor Carl Berg — $100,000 TCW Group investor Robert Addison Day — $100,000 Film financier Ryan Kavanaugh — $45,000 Beau Boeckman, star of MTV’s Pimp My Ride — $40,000 Investor and Malibu native Alex von Furstenberg — $25,000 Jamie McCourt, former Dodgers co-owner — $25,000 Also Read: But how does DeSantis’ fundraising efforts compare to his those of competitors? As of April, Trump raised $18.8 million through his campaign and fundraising committee. According to OpenSecrets.org, Biden kicked off his 2024 campaign in April with just over $2.2 million cash on hand. However his supporters note that he raised more than a billion dollars during his 2020 presidential campaign. South Carolina Sen. Tim Scott, who recently announced his presidential campaign, has built a war chest with $25 million from Oracle billionaire Larry Ellison. But he still trails DeSantis in cash on hand. With the recent bad blood between Trump and DeSantis, these war chests will provide plenty of ammo for the two candidates to fire political barbs at each other. “This will be a very fun race to watch,” Rick Taylor, a veteran Democratic political consultant, told TheWrap. “I imagine both candidates will use the tactic of ‘they go low, you go lower. '” Also Read: The Republican left standing after the challenging primary will face an incumbent president with a huge war chest of his own, and plenty of financial backers. Jeffrey Katzenberg, an apex political fundraiser with one of the most high-powered Rolodexes in Hollywood, recently pledged to gather “all the resources” Biden needs to win the 2024 election. He told the Financial Times of London that he is confident Biden’s reelection bid will draw more than $1 billion. Some consultants are predicting that the 2024 presidential election could be the most expensive in U.S. history — topping $14.4 billion spent during the 2020 election. After announcing his reelection bid in April, Biden’s team put together a two-day event in Washington to bring together Wall Street financiers and other well-monied backers. Also Read: “The need for money will be profound,” Bruce Heyman, former U.S. ambassador to Canada and former Goldman Sachs banker, told the Financial Times. “Not only do I believe in Joe Biden — I think we’re in a crisis moment with regard to the threat to democracy as we know it.” According to OpenSecrets.org, DeSantis raised $210.9 million during the 2022 election — the most ever raised by a gubernatorial candidate U.S. history. Taylor questioned the ethics of DeSantis transferring the money from one campaign account to another. “Without asking donor permission to transfer it over, I think it opens up some questions,” Taylor said. “Integrity for one. His donors may have given him money for various reasons. If I’m that contributor, will I ever trust this guy?” Also Read:

Jamie McCourt Investments

4 Investments

Jamie McCourt has made 4 investments. Their latest investment was in EverPresent as part of their Angel - III on May 5, 2016.

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Jamie McCourt Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/3/2016

Angel - III

EverPresent

$0.8M

Yes

1

4/27/2016

Seed VC - II

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$99M

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10

1/4/2016

Series A - III

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$99M

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10

6/23/2015

Seed VC

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$99M

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10

Date

5/3/2016

4/27/2016

1/4/2016

6/23/2015

Round

Angel - III

Seed VC - II

Series A - III

Seed VC

Company

EverPresent

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Amount

$0.8M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

1

10

10

10

Jamie McCourt Portfolio Exits

1 Portfolio Exit

Jamie McCourt has 1 portfolio exit. Their latest portfolio exit was Ready4 on February 08, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

2/8/2019

Acquired

$99M

1

Date

2/8/2019

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

1

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