Category Archives: Investment

Fortress Investment Group’s Partnership with iPass

Recently, Fortress Investment Group (FIG) extended its operations to enable its shareholders to invest in iPass—a global provider of global connectivity. The amount of money required for the deal totalled to $20million, of which half the amount was passed to iPass. Addressing journalists, iPass CEO commented that the money would be used to grow the company’s revenue and close profitability gaps. During the signing of the loan, FIG used iPass’ patent portfolio and considerable assets to secure the loan. Many financial analysts have agreed that this deal would earn FIG’s stakeholders more profit since iPass ranks well in equity research and performs well in the business world. Visit inc.com

iPass operates the globes largest Wi-Fi network, enabling millions of individuals and firms to access the internet through millions of Wi-Fi hotspots. Even though the company already has millions of clients across the world, reports indicate that the firm aims to expand its services and grow by 340 million by the end of the year 2018. In anticipation of this growth, Fortress Investment Group made a clever decision when investing in the internet and Wi-Fi technology.

Having been the first private-equity firm to go public, Fortress Investment Group has remained to be a trendsetter and also invests in fields where there are adjusted-risks to allow its clients to make profits in the long-run. As such, investing in iPass offers such convenience because the number of Wi-Fi users keeps growing and many individuals and firms conduct their businesses online and on-the-go. As such, the deal offers to raise each party’s profile and issue investors with long-term dividends.

The investment decisions Fortress Investment Group has made over the last few years reflect its ability to transform many companies in various industries within a short period. Looking at FIG’s recent projects, the company has proven to go beyond limits and make its presence felt across various industries. Conclusively, watching the next Fortress Investment Group’s investment moves would be a mesmerizing endeavor because the firm still aims at exploring the ever-growing market and practice innovation in the foreseeable future.

Read more on https://www.zoominfo.com/c/fortress-investment-group-llc/41323699

 

GreenSky goes high while Lending Club dredges the sewer

The fintech industry has been rocked by scandal and scandalized by rock-headed missteps. The industry has witnessed the cringeworthy collapse of a number of its previous darlings. Companies like Lending Club and OnDeck, once touted as the next paradigm-shifting tech companies, have buckled under the crushing weight of their own arrogance and folly.

But one company is still standing tall. GreenSky Credit has proven that it has the staying power that its wayward competitors lack. The company has been in business since 2006. And during its 13 years of existence, GreenSky has not changed its business model at all. So powerful is its vision of how lending can be aided through the development of technology that GreenSky has been able to rapidly expand into many new markets, using precisely the same technology and business model that it debuted in the home remodeling sector.

Lending Club should have listened to John Dillinger

The secret behind the success of GreenSky seems almost too obvious to even mention: The company has simply gone where the money is. In this regard, many of the firm’s competitors could have benefitted from the answer that John Dillinger gave when questioned as to why he robbed banks.

Rather than lending to their preferred customer base because that’s where the money is, companies like OnDeck and Lending Club deliberately sought out markets that had long been studiously ignored by mainstream banking, precisely because they are where the money isn’t. While Lending Club and OnDeck sought to change the world and usher in a neo-Marxian utopia of total financial equality, where street people merrily skipped, hand in hand, with Wall Street tycoons, GreenSky was making sensible loans to people who had a good chance of paying them back. While other fintech companies were trying to conjure magical profits using deadbeat relics like NINJA loans and micro-lending, the company was busy creating real value by doing deals where everyone walked away a big winner.

And, today, we see who has emerged victorious and who has been decimated and run over, roughshod. By learning from the past, GreenSky Credit has become the future of fintech.

https://www.forbes.com/sites/greatspeculations/2018/09/05/greensky-now-looks-undervalued-given-strong-q2-performance-alliance-with-amex/#5d78658d5eda

Shervin Pishevar: Eradication of middlemen is key to frictionless economy

Shervin Pishevar is not yet a household name. But the 44-year-old entrepreneur has become a legend within certain tech circles. He is one of the most renowned venture capitalists in Silicon Valley, having been behind the formation of Virgin Hyperloop, Airbnb, Uber and Social Gaming Network.

But Shervin Pishevar has gained even more fame due to his massive social media presence. The venture capitalist operates one of the most popular Twitter feeds of anyone in the tech world, with more than 100,000 of the most influential people in the field hanging on his every tweeted word. Shervin Pishevar regularly tweets about some of the most important topics facing the nation today.

In a recent 21-hour tweet storm, Shervin Pishevar talked about how the economy of the United States could be improved in the future. He has long been a staunch critic of both excessive government interference in free markets and of too much monopoly power within the tech world. While this may seem like a sort of contradiction due to the fact that it requires government power to break up monopoly power, Pishevar believes that it is not. In fact, the very thing that defines monopolies are the increasing taking on of characteristics and levels of power normally only seen with government institutions. In this sense, says Pishevar, monopolies themselves are a form of government, with even less responsiveness to the public than democratic government institutions.

Regardless of the philosophic underpinnings, Pishevar’s ideas on what implications all of this has for the U.S. economy going forward are fairly simple. He believes that both governments and monopolies are two subtypes of a larger phenomenon that is almost always friction-creating, extractive and wealth-destroying in nature: the middleman.

Government acts as a middleman by taxing consumers, businesses and employees and by constantly interjecting in otherwise free transactions through the imposition of tariffs, regulations and laws. Monopolies fit into this framework a bit more subtly. But they essentially act as friction-creating middlemen when they engage in all of the same activities that define middlemen, namely, extractive rent seeking, creation of inefficiencies and the erection of barriers to entry.

https://www.youtube.com/watch?v=geCtCov15g4

Shervin Pishevar’s Crystal Ball

In the past, Shervin Pishevar seemed to have a crystal ball. He made multiple fortunes as an early investor in firms like Uber, Airbnb, Dollar Shave Club and Warby Parker, then used his expertise to create his own investment firm called Investment company .

Famous for his ability to spot new businesses before they skyrocket, he presented clients with the opportunity to “get in on the ground floor. In 2017, Shervin Pishevar abruptly resigned from Investment company and became something of a recluse. In February 2017, he took Twitter by storm, sending out 50 self-numbered tweets in less than a day, outlining his view of the future, which is universally bleak.

Among other things:

* Shervin Pishevar predicted a prolonged drop in the stock market in the first tweet, with the market eventually reaching 6000 points.

* In tweets 2 and 3, he predicted a general decline in the American economy and explained why.

In tweets 7 and 8, he blamed derivatives like Credit Default Swaps And Mortgage Backed Securities for the Great Recession of 2008.

* In tweets 17, 18, and 23 he discusses inflationary pressures and their effect on the overall American economy and world economy.

In tweet 24, he predicts the rise of gold and the decline of Bitcoin.

In tweets 25 through 28, he stated that Silicon Valley is rapidly becoming irrelevant, thanks to the internet. Innovation has become global. Entrepreneurs worldwide can drum up business and acquire financing right from their laptops.

According to Shervin Pishevar, what he calls the “empowered 5 US monopolies: Alphabet, Amazon, Apple, Facebook, and Microsoft” will soon be broken into smaller units in the manner of Ma Bell being broken into smaller “Baby Bells.”

He mentions “speed of execution” in China bringing dissimilar groups together to build a complete, working train station in less than 9 hours.

Among other things, he points to America’s infrastructure in ruins while the government engages in “short-term thinking”

http://summit.vanityfair.com/speakers/shervin-pishevar