Fortress Investment Group: Transforming the Company for the Better Via Softbank Group

The Fortress Investment Group and the Softbank Group have signed an acquisition contract back in 2017 for $3.3 billion. This partnership would allow the Softbank Group to expand their market and gain access to a lot of businesses in the United States. The Softbank Group, a Japanese conglomerate headed by Masayoshi Son, has become one of the most influential businesses in the world, and their chief executive officer is among the richest person on the planet, according to Forbes. Randal Nardone, Wes Edens, and Peter Briger agreed to the deal because they wanted the company to experience another economic revival after their stock price movement has started to become stagnant. With the acquisition of the Fortress Investment Group, their private equity company’s stock prices began to climb, much to the delight of their investors and stockholders. Visit therealdeal.com

The Fortress Investment Group was the idea of its three founders – Wes Edens, Randal Nardone, and Rob Kauffman. They established the company in 1998, hoping that they could also emulate the formulas used by other financial firms to succeed in the industry. By learning about their previous companies, the three founders started to apply what they have learned in the past, and to their surprise, their strategy worked.The company grew larger, and by the 21st century, they are considered as one of the fastest growing private equity firms in the country. The Fortress Investment Group has been managing billions of dollars’ worth of assets, and their stock market value reached an all-time high.

However, there are so many factors that contributed to their slow growth after the recession of 2008. Even if they survived the economic meltdown which ravaged the globe in 2008, the Fortress Investment Group was not able to escape its long-term effects. The company might have been awarded several distinctions because of their performance during the economic meltdown, but they soon faced their challenges as the assets that they are managing began to decline. This is where the Softbank Group decided to acquire the company. The Softbank Group retained the company’s executives and promised that they would be transforming the company for the better. Read more on https://www.wsj.com/articles/wesley-edens-is-an-investor-with-an-affinity-for-the-underdog-1532111122

GreenSky earns, hand over fist, with novel revenue model

GreenSky Credit is one of the more innovative companies to have come out of the fintech industry over the last few years. Although the company has followed a very conservative business model, only going after prime borrowers in markets where there is demonstrated value creation taking place, GreenSky has pioneered a new business model, the likes of which have never been seen before.

Big bets on a sure thing

GreenSky Credit’s revenue model is so unique and the business itself so novel that the company’s founder and CEO, David Zalik, found himself having a great deal of difficulty in convincing bankers to help him finance it. Back in 2005, Zalik went on the road to pitch the idea of GreenSky to bankers and other investors across the country. But the entire business model was so unique that he couldn’t find any bank that was willing to back him. He was eventually forced to liquidate his more than $12 million real estate empire and completely fund the new business himself. This would turn out to be a huge net positive for both Zalik and GreenSky.

The problem that the bankers could not overlook was that Zalik was claiming that he could get both his lending partners and his retail partners to pay GreenSky for originating instant loans while also avoiding taking on any lending risk. The bankers and prospective investors wanted to know why on Earth any lender would pay someone to originate a loan if that party was already receiving a large amount of compensation for their services from a third party, and they had no intention of taking on any downside risk at all relating to the possible non-performance of the loans. Zalik had one answer: money. And it turned out that the company was able to generate lots of it.

The secret behind the company’s ability to get its retail partners to pay 6 percent while getting its lending partners to pay a 1 percent annual carrying fee on every dollar loaned is that all of these parties are getting additional high-quality business that they never would have otherwise had.
https://www.marketwatch.com/story/greensky-ipo-5-things-to-know-about-the-company-seeking-to-end-fintech-ipo-lull-2018-05-21

The Role of Stream Energy in the Society

Stream commonly referred to as stream energy is America’s leading direct selling and connected services. The company was started in the year 2005 and it has since grown to be the best energy company in the United States offering several services including wireless, protective and services to its clients. The company is headquartered in Dallas, Texas and currently between 200 to 500 employees who are well paid and constantly motivated in to continue providing the best services for the company. The Stream Energy Company offers its services in numerous parts of the United States like New York, Pennsylvania, Illinois, Delaware, New Jersey, Maryland, Washington, Ohio and also Texas.

Achievements of Stream Energy and its contribution to the Society

Stream Energy has expanded in various ways since it started. Some of the ways that the company has expanded include connecting life services such as international wireless plans, virtual MD, digital voice service among other services. In all the services that are offered by the company, they make sure that their customers are connected from wherever they which could be home, traveling or at work. Among the things that have made Stream to be unique in the energy industry is the way they empower their employees and associates to do more than what they do in order to earn n a living. Stream believes that they should not only make a better life for their company but they are dedicated in also making sure that their clients get the best.

The company has also started a parallel charity organization because corporate philanthropy has also been a part of Stream’s DNA. The company recently launched a charity foundation known as Stream Cares. The move made by the company in order to formalize its ongoing operations in Texas. The company has done a lot including the Hurricane Harvey victims. Stream Company is currently considered a living example for other companies to understand the importance of paying back to society. Corporate philanthropy is a perfect way to ensure that the company gets a chance of back to the society at the same time building its reputation.

http://www.innovationews.com/Stream-Energy-introduces-Budget-Power-Plan/

Shervin Pishevar believes tech monopolies are stifling new startups

Over the last two decades, five major tech companies have come to completely dominate most ecommerce and technology in general. Apple, Google, Amazon, Microsoft and Facebook have become more powerful than even the most rapacious robber barons of the late 19th century could have dreamed of. And now, according to some, they are threatening the very ability of the country to continue forward on a competitive footing in an increasingly globalized and democratic world.

Shervin Pishevar ranks among the most widely respected tech entrepreneurs of the current age. He is the founder and CEO of Sherpa Capital, one of the most successful venture capital firms in the world of technology. He has been responsible for the creation of such names as Virgin Hyperloop, Uber, Airbnb and Social Gaming Network.

Now, Shervin Pishevar says that out-of-control monopolies in the tech space have reached a size and level of power over the markets that is becoming truly pernicious. In a recent tweet storm, which lasted nearly a full day, Shervin Pishevar expounded on some of the concepts that he sees as being increasingly important regarding the abuse by tech monopolies of their far-reaching power.

One idea that Shervin Pishevar has repeatedly hit on is the fact that tech monopolies like Google are now able to stifle innovation before it becomes a competitive threat. They do this with the legal version of the old Mexican plata o plomo, cash or lead. Shervin Pishevar says that the racket works like the following.

A new company comes on the scene with new technology or new methods of carrying out some important process. This company may only exist for a few months to a few years. But if Google or another major tech monopoly sees them as a potential future threat, then they can offer what seems to the founders like a huge sum of money. And, in most cases, it is a huge sum of money.

But this almost always causes the destruction of the company, with the firm ending up folded into some department at Google or Facebook, perhaps discontinuing its operations completely. The real play, of course, was simply to neutralize any future competitive threat.

http://www.pishevar.com/investments/

Shervin Pishevar Mentions Cryptocurrency in Tweet Storm

Cryptocurrency stands as a bizarre investment vehicle to many long-time currency traders. With so many legitimate foreign government-backed currencies, why would anyone take a risk with “virtual money?” Bitcoin fans’ rationale roots itself in an understandable motivation. They feel cryptocurrency could increase massively in price. Anyone who buys low right before the price takes off might walk away with an incredible profit. Recent Bitcoin history does reveal people who made a fortune in the Bitcoin market. One person’s success does inspire other investors. Shervin Pishevar, however, warns people are thinking about putting their money into the Bitcoin realm.

Shervin Pishevar commented on the wild world of Bitcoin in a massive tweet storm in the winter of 2018. Cryptocurrency wasn’t the only topic the former Uber investor and current Virgin Hyperloop One pioneer opted to discuss. Pishevar’s background as a tech investor shows he isn’t shy about putting money into risky endeavors. He also doesn’t haphazardly make investment decisions either. Shervin Pishevar wants people to look at the broad picture of Bitcoin investing before they make any moves. Rushing to put money into any investment venture could lead to regrets.

Shervin Pishevar thinks Bitcoin might suffer a severe crash. Price crashes mean losses. That said, he also feels the price of Bitcoin could somewhat bounce back and stabilize. Granted, all this is one man’s opinion. Considering Shervin Pishevar’s background, hearing what the man has to say becomes worthwhile.

Pishevar does note something interesting about the value of cryptocurrency. Cryptocurrency presents a means by which money crosses all borders. It doesn’t find itself locked into the fortunes and misfortunes of a nation’s economic situation. The free-flow of a new currency brings forth a sense of wonder. Concerns arise as well. Cryptocurrency represents an unregulated industry. Lack of regulation brings forth risks. The opposite may turn out to come true as well. Nations could end up overregulating cryptocurrency, which could hinder investors.

https://www.huffingtonpost.com/author/shervin-pishevar