The Understanding in the Acquisition of Fortress Investment Group by SoftBank

Diversification has been one of the main strengths of SoftBank. Since its inception in September 1981, SoftBank has consistently enjoyed success after success. The bank has invested in different sectors such as telecommunication, media, finance, and e-commerce technology. Under the leadership of its founder, Masayoshi Son, the Japanese bank has undoubtedly put its mark in the banking industry. To cement its place, SoftBank has recently acquired Fortress Investment Group.

Fortress Investment Group is one of the leading assets management firms in the world. The Group was founded in 1998 by Randy Nardone, CEO, and Wes Edens, co-chair the firm. In the two decades that the firm has been around, the staff in Fortress have been working diligently. This hard work has led to more people seeking its services. Currently, Fortress has 1750 institutional and private clients.

In the acquisition deal, SoftBank came to an understanding that the operations of Fortress won’t be affected. In line with this understanding, the headquarters of Fortress Investment Group remained in New York City. The effect of this agreement means that SoftBank won’t be involved in the managing of the $ 40 billion worth of assets that Fortress manages.

One may then pose, why folk out all that money yet have an inactive role in the running of the firm? This understanding was one of the conditions that the Committee on Foreign Investments gave for the acquisition to occur. The agency is charged with the duty of over sighting transactions that involve over-sees companies. Also, for SoftBank to seal the deal, they had to pay $8.08 per share which was a 39% percent premium for each share.

Other than this acquisition, Fortress Investment Group has been making positive headlines in the recent past. In 2007, Fortress rose to fame by being the first private entity firm to be publicly traded. It also became that first private entity firm to be delisted from the New York Stock Exchange (NYSE). Wes Edens noted that the firm is still okay with this new development as it was looking to go entirely private. The co-chair said that they are excited to start the new chapter.

SoftBank has also recently acquired a technology investment fund, Vision Fund. This company is the largest technology fund, valued at $93 billion. This acquisition has been raising some speculation on how the fund will be relating to Fortress Investment Group. But this has been resolved by an understanding that both companies will be working alongside each other but independently.

https://www.crunchbase.com/organization/fortress-investment-group

Aloha Construction & Shervin Pishevar: How are they similar?

Aloha Construction is a family-owned company and has businesses in both Illinois and Southern Wisconsin. They offer services that cover the basis of home improvement projects, such as: Roofing Repair, Carpet Cleaning, Mold Removal, Bathroom Repair, etc. It was founded in 2008 and after completing over 20,000 projects, and exceeding customer expectations, they were awarded a very prestigious award. Just last year, the Better Business Bureau, which is a non-profit organization that reports on business accreditation, awarded them the Torch Award for Marketplace Ethics. Ethics is such an important quality to have, especially for a company. Aloha Construction showed their dedication through and through by prioritizing their customers and putting community, first.

Shervin Pishevar, a Managing Director at Investment company , is based in San Francisco, and like Aloha Construction, prides their customers over business. In addition to managing his company, Shervin Pishevar is also an investor in companies, such as: Uber, Airbnb, ipsy, and many more, which in turn, has resulted in a huge capital profit. Shervin Pishevar was also chosen, out of 100 candidates, to be chosen by the U.S. Government as an Outstanding American by choice, and was one of the only naturalized Americans to be selected since the inception of the award!Shervin Pishevar, just like founder Dave Farbaky of Aloha Construction, care more about quality than quantity, and put customers first.

Crunchbase, a place where people can learn how to invest, discover the details that are involved in operating a business, as well as industry trends, provide a wide range of articles at the disposal of the public. There are 100’s of articles, and while it was difficult to choose a favorite, were the Universities to go to if Business is the plan of action! It can be tough to choose the right school to go to for the career path chosen, and this article does the work for you! It lists the Top Universities and Business Schools in America to attend, and has a significant amount of detail.
https://www.youtube.com/user/AdamMilstein

KERRISDALE CAPITAL MANAGEMENT ON QUINSTREET, INC.

According to a report (March 2018) by Kerrisdale Capital, a private investment manager owned by Sahm Adrangi, QuinStreet, Inc. a web 1.0 firm used unsavory methods to grow its capital base.

Kerrisdale Capital, founded in 2009 by Sahm Adrangi, its chief investment officer, went ahead to outline its findings in a report that scrutinized the quality and sustainability of QuinStreet as a middleman between online advertisers and niche websites.

 

Primarily, the legitimacy of the report is backed by Sahm Adrangi’s substantial background in matters concerning investment analysis. With a Bachelors of Arts in Economics from Yale University in his repertoire, Sahm Adrangi has in the recent past served as investment analyst at Longacre Fund Management, LLC where he instructed creditors about in out-of-court and Chapter 11 bankruptcy restructurings and assignments. As a result, his organization’s opinion on the goings-on at QuinStreet possesses that much more weight.

 

Furthermore, Kerrisdale Capital laid down a sizable amount of arguments meant to make its position on the matter clearer. Kerrisdale capital in its report went on to state that QuinStreet’s recent burst in revenue growth could be traced exclusively to a single customer, secondly the report maintains that QuinStreet and her customers benefit from suspicious web traffic such as malware redirects and false leads from internet users looking to make a killing out of the process rather than genuine customers looking to purchase. In addition Kerrisdale also believes that the main online hub affiliated to QuinStreet, Insurance branch, is a fake site because it cannot be found in web searches.

Further arguments by Kerrisdale Capital against QuinStreet’s business model outlined in the report paints a picture of a business on the downside, the report claims the organization shows no signs of a turnaround, and that Kerrisdale top management including the Chief Executive Officer and the Chief Finance Officer have recently began selling their shares.

 

In summary, the report concluded that QuinStreet was a company whose business model hadn’t changed to accommodate the growth that has characterized modern online advertising. As such, QuinStreet, Inc. was sure to fail.

 

https://www.amazon.com/Legends-Leaders-Hedge-Funds-Finance/dp/B073DMGJTN

How Waiakea Volcanic Water Benefits the Body and Mind

Waiakea is a unique premium bottled water company that has made headlines for its groundbreaking sustainability, and positive social and environmental consciousness. Waiakea Hawaiian Volcanic Water benefits those suffering from acid reflux because of its natural high alkaline contents. The alkaline was proven to reduce the symptoms substantially and neutralize stomach acid when used with a regular dose of treatment. Waiakea’s alkaline and electrolyte-rich water can also help rehydrate the body ten times better as well as restore the body’s natural pH balance. The volcanic water has natural ingredients such as silica, that could help lower the risks of Alzheimer’s disease by as much as eleven percent.

 

Waiakea Hawaiian Volcanic Water is made with naturally filtered water straight from the Hawaii’s famous Mauna Loa volcano. The natural filtration process also enriched it with a healthy dose of magnesium, sodium, potassium, calcium and other electrolytes and minerals. The Hawaii volcanic water also contains natural silica that helps give it a more smoother taste than other premium bottled water brands.

 

Waiakea Hawaiian Volcanic Water was founded by entrepreneur Ryan Emmons in 2012. He would spend his summer and winter vacations at his uncle’s home in Hawaii and would be amazed by the pristine water from his uncle’s well. Emmons instinctively knew that this was a perfect opportunity to start a business venture and the rest is history. The Waiakea Water pH level topples over 7.8 and has become the world’s most alkaline-rich bottled water brand.

 

The premium bottled water brand has achieved many honors and accolades since its establishment. It has received a Food and Beverage Innovation Award by the National Restaurant Association and won the World Beverage Innovation Award for Best Packaged Water as well as the Best Corporate Social Responsibility Initiative. Waiakea Water provides a weeks worth of clean drinking water to Malawi, Africa, for every liter sold through its partnership with Pump Aid, a nonprofit organization that supplies drinking water to drought-prone areas across the globe.

 

https://www.glassdoor.com/Overview/Working-at-Wai%C4%81kea-EI_IE1984808.11,18.htm

https://vimeo.com/127305275

Roberto Santiago and The Manaira Shopping Mall

If you haven’t heard of Roberto Santiago, he is the Brazilian entrepreneur behind the Manaira Shopping Mall, the largest mall in the Brazilian City of Paraiba. Founded in 1989, the Manaira Shopping Mall attracts tourists and locals alike and is home to a variety of retailers, food courts, and fitness centers. In addition to being a place to buy and sell goods, the mall also serves as a venue for concerts and other large gatherings, which was made possible courtesy of the Domus Hall. The hall, which was added in 2009 and can accommodate up to 10,000 people, is considered the venue of choice for many local and international performers.

 

Prior to his entrepreneurial pursuits, Santiago attended the University Center of Joao Pessoa, located in João Pessoa, Brazil. Santiago earned an undergraduate degree in Business Administration and soon after had his sights set on building one of the largest malls in Brazil, and the largest in Paraiba. In 1987, Santiago acquired the land that would later become the future home to the Manaira Shopping mall; however, it would be another two years before construction would be completed.

 

What impact did the mall have on Brazil’s local economy? Well, the mall attracts a wide cross-section of people, from the lower class all the way up to the affluent. In addition, the mall attracts a collegiate crowd courtesy of The College Higher Education of Paraiba, which just happens to be the mall’s largest tenant. The Manaira Shopping Mall has also attracted several prominent corporations, which has created employment opportunities for people in and around Paraiba. What else does the mall have to offer? Moviegoers absolutely love it; the mall is equipped with 11 theaters that have full bars and comfortable seating. In addition, the mall is a haven for gamers; Game Station, one of their most popular tenants, attracts many of the city’s teens and young adults.

 

Before Roberto Santiago became the CEO and Founder of the Manaira Shopping Mall, he spent several years in the manufacturing sector, where he learned the primary tenets of operating a business. After exiting the manufacturing space, Santiago established The Cartonnage Company, a business that manufactured folding cardboard boxes. His success with the Cartonnage Company was met with tremendous praise; in fact, he was named the most enterprising businessmen in Brazil for his business achievements. His success, however, is trumped by his humility; Robert Santiago often credits his business partners and employees for helping him achieve the level of success that he has. However, he also believes that hard work and self-discipline has its rewards.

 

The Success Story of Hussain Sajwani

Hussain Sajwani is an Arabic businessman who is also a citizen of United Arab Emirates. He serves as the founder and owner of the DAMAC Properties which is a company involved in the property development industry. The DAMAC owner was born in 1956 and was brought up in a family of humble beginnings. Immediately after graduating, Hussain Sajwani went to serve at a Watch Shop which was owned by his father. After gaining some experience in business management, Hussain decided to start his own company. Hussain Sajwani has a reputation as a reliable and efficient businessman who is committed to changing the business community of Dubai. When it comes to the market expansion of UAE, Hussain Sajwani is known to be one of the pioneers in the industry. Through DAMAC Properties, Hussain Sajwani has constructed numerous big hotels in the whole of United Arab Emirates. Learn more: http://www.independent.co.uk/news/people/donald-trump-new-years-eve-speech-president-elect-dubai-business-partner-hussain-sajwani-mar-a-lago-a7507551.html

Hussain Sajwani has managed to create a name for himself as one of the investors and businessmen who are the most influential in Dubai. Forbes has in the past listed Hussain as one of the wealthiest individuals in the whole of Middle East. The hard work and discipline of Hussain Sajwani has enabled him to create huge investment portfolios in numerous global and regional markets. He is a graduate of the prestigious University of Washington. The first position that Hussain Sajwani held after graduating was as a contracts manager in a company called GASCO. He held this position for a short period before he decided to venture in the catering industry in 1982. In 2002, Hussain Sajwani launched the DAMAC Properties.

The exemplary leadership and management skills of Hussain Sajwani have enabled DAMAC Properties to become one of the biggest property development companies in the Middle East. Currently, DAMAC Properties has created employment opportunities for more than 2,000 people. The company has over the years become a public-listed company and has traded shares in the main financial market of Dubai. The Hussain Sajwani family has close ties with Donald Trump who is also the President of the United States. Together, they have partnered in developing some big properties in the US and the Middle East.