“Ballet San Jose Silicon Valley — which just Monday told a city panel that it might close by week’s end without an emergency $100,000 grant — on Tuesday said it could stay in business because it raised some of the money in pledges within the past 24 hours, Executive Director Andrew Bales said. Even if Bales is able to make payroll for now, it’s unclear how the ballet will solve its underlying funding problems. Last year, the ballet had to be rescued by four board members who came up with $2 million in donations. And it remains unknown what would happen if projected ticket sales fail to materialize.”