Meet J.B. Pritzker: The billionaire governor you've never heard about...but should.
Governor J.B. Pritzker must have a crystal ball. Based on his previous investments (now in a blind trust), it's almost as if he knows he'll be set for the rest of his life based on these investments..
When you live in Illinois, you’re grateful to have a public servant who isn’t under federal investigation or on their way to prison. From Rod Blagojevich’s failed attempt at selling Barack Obama’s Senate seat that led to his impeachment and prison sentence — to the former Speaker of the House, Michael Madigan (who recently stepped down due to an ongoing federal probe), we’ve had some real interesting leadership in the state of Illinois. It’s just an accepted truth here — especially in the city of Chicago…friends helping friends, right? After all, as the great John Kass always says, “It’s the Chicago Way.”
After a failed congressional run years ago, J.B. financed his own gubernatorial campaign in 2018 —thanks largely in part to his venture capital firm and his family’s exorbitant wealth. Touting his extensive philanthropic contributions, Pritzker branded himself as a progressive warrior for the State of Illinois. After recently announcing his re-election campaign, I wondered—what will he do if he loses? While I highly doubt a Pritzker loss will occur, I decided to look into J.B. Pritzker’s joint venture capital group, Pritzker Group. Now, of course J.B. Pritzker has moved all of his investments and assets to a blind trust — but you tell me, do these investments that were made prior to his campaign for election look like someone who doesn’t know what’s ahead? Rather than speculating, let’s just take a look at some notable investments that we never hear about — simply because the governor has temporarily shifted his responsibilities elsewhere for the time being.
AiCure: Artificial Intelligence for Healthcare
AIRMAP: An airspace management platform for drones (anyone remember my last article about drone policing in Chicago?)
Apervita: Health analytics means top dollar returns in the era of new-age healthcare
Augury: IoT (Internet of Things) diagnostics
Catalytic: A tool for businesses to realize greater profitability
dina: AI-powered health care coordination (it’s almost as if these guys knew the healthcare industry was going to transform way back when they invested!)
Eved: Event supply chain management…reimagined
iris: VR-first software for the architecture & construction industries (what does this mean for jobs?)
Mingle Health: You’ll be seeing me discuss what “value-based healthcare” is in the coming weeks…
Page Vault: Forensically defensible & legally admissible
Seebo: Hello, 4th Industrial Revolution…care to talk about the job losses that will accompany this?
x.ai: Amy Ingram (get it…AI…) understands your business better than your longtime secretary…
These are just a few of dozens of tech, healthcare, supply chain management, construction, and other industry-changing companies that have been heavily funded by venture capital firms like the Pritzker Group. As I mentioned before, the governor’s been more than open about the fact that his assets are in a blind trust…but he’s still listed as the co-founder of the company on their website.
Rather than speculate what Governor Pritzker knows about the coming years that we might not know, I urge all of you to look into your state and local politician’s prior investments and see what you come up with. The more you know, right?
Til next time,
PS: I’ve been inconsistent in putting out articles lately because I’ve been drowning in research - I’ll resurface with a series of articles very soon! Appreciate you all.