When Wes Edens, co-founder of Fortress Investment Group makes a bet, it’s sometimes not one that many people would have expected. He tends to root for the underdog and will even put his capital behind it to make it happen. After taking a break from subprime lending, he got back into the industry in 2010 only a few years after the financial crisis that took place in the United States.
Right now, the world seems to be focused on self-driving cars while Wes Edens has chosen to invest in a private passenger train system in Florida with plans to expand to different cities. In addition, he made a big bet for the Milwaukee Bucks back in 2014 when he became a co-owner of the team. Even though the team hasn’t won a championship for more than half a century, he still sees the potential.
Instead of listening to the opinions of others when it comes to making an investment, Wes Edens looks at the facts and what the potential benefits and problems may be. One of the main problems that he experienced with the Brightline passenger train was that many people just didn’t believe that it was possible. He was able to change people’s minds and suspend their disbelief just long enough to show the potential value in the investment.
Wes Edens has made a fortune through Fortress Investment Group, many times through investments that others thought would never show potential for paying off. The company became the first of its kind in private equity funds to go public. This initial public offering gave Wes Edens a stake of Fortress worth $2.3 billion. When Fortress was purchased by SoftBank in 2017 for $3.3 billion, his stake was bought out for 40% more than the value pre-announcement.
Stephen M. Hicks is the founding principal and Chief Executive Officer of Southridge Capital LLC – one of the premier finance solutions companies in Connecticut. Launched in 1996, today, Southridge has invested more than in 1.8 billion in over 250 growth companies around the world, and since that time, the financial solutions company has garnered the expertise to assist other entities in regarding the rigors of becoming a public company. Southridge Capital’s Chief Executive Officer has been actively involved in the investment industry for more than three decades, and, today, Stephen M. Hicks continues to utilize his experience in financial structuring to spearhead the trajectory of his company.
Stephen M. Hicks attended King’s College, studying Business Administration, and later went on to attend New York City’s, Fordham University, where he garnered a Master of Business Administration degree. It was while working for a small hedge fund in New York City that Mr. Hicks thought of creating his own fund, and with the approval of his former employer’s principal, he did just that. As an entrepreneur, Mr. Hicks credits his ability to focus on his immediate tasks, while simultaneously staying abreast of the climate of the market, as two keys to his continued productivity. The growing market for marijuana and cryptocurrency has recently caused him to focus a great deal of attention towards those emerging sectors. He recommends that budding entrepreneurs focus on creating a podcast that discusses cryptocurrency, citing the endless potential surrounding the topic. For more details you can checkout their twitter account.
The team at Southridge Capital is also heavily involved with a number of philanthropic efforts, seeing this as a civic responsibility to the community. Focusing on “non-profit organizations and faith-based charities,” Stephen M. Hicks, along with his wife Mary have made a concerted effort to strengthen the lives of the everyday citizens of their community. This unwavering commitment to philanthropy eventually led to the founding of Daystar Foundation. In recent years, Southridge Capital has teamed with Daystar Foundation in financially assisting several reputable organizations, including the Ridgefield Fountain Landmark, Eric B. Huss Memorial Scholarship Fund, the Ridgefield Visiting Nurses Association, and the Walnut Community Hill Church. You can visit bizjournals.com for more informations.
Lending and borrowing is a very tough thing to get involved in. For one thing, people have to think through everything before they get a loan. For instance, they have to figure out how they are going to pay back the money they owe so that they don’t become overwhelmed with debt. GreenSky Credit CEO David Zalik has set up a model that makes lending and borrowing a lot easier for people. Some others have commented how there is a lack of tension in the process of lending and borrowing with GreenSky Credit compared to other online lending andgeneral lending methods.
One factor in the success of Greensky Credit is that they are honest. They make sure that what they are offering is perfectly described. This will prevent issues down the line. One otheronline lending company has caused a bit of a fiasco when it has admitted that there have been differences in what was described and what was actually given in its offer. This caused a lot of harm for every online lending company. However, GreenSky Credit has shown itself to be a really honest and reliable online lending company. Showing themselves to be trustworthy can go a long way in their business success.
GreenSky Credit stands outfrom the rest of the competition because of the honesty and reliability. It also stands above and beyond when it comes to innovation. Clients are able to use technology to get the loans they need at an efficient rate. GreenSky makes takes a long and drawn out process and makes it more efficient for the client. Another factor that helps GreenSky is that it has banks that provide funds for it. The type of funding it gets from thebanks is stable. CEO David Zalik makes a lot of careful decisions when it comes to his online lending company.
The happening of a disaster is unpredictable, and when it does, it takes with it lives and homes. It is not easy to get back on track when such an event occurs. Luckily, there is one company that has devoted itself to helping people who are affected by such disasters. The Stream energy company does its level best to help people who have been left homeless. The company was among the first to donate money towards the recovery of the hurricane Harvey.
Hurricane Harvey hit the Houston neighborhoods, which led to the loss of many lives and homes. The stream energy company in Dallas is one of the companies that help people who have been left homeless due to such natural disasters. The company used the money from its sales business to fund the people who were affected by the disaster. The company is focused on corporate philanthropy. The stream cares foundation enables the company to do its philanthropy work all over the country. It has done such charitable work for several years.
The company used more money to give back to the society. Through giving back to the community, stream energy has been able to gain the respect of its public and its clients as well. Having a philanthropy arm is something new, but it has many advantages to a company. Corporate responsibility can help companies when it is faced with scandal, has reduced profits and faces hard times.
Businesses have been giving to the society to the charities of their choice. Stream Energy has built its relationships with different entities. The company uses a simple model to give back to the society. The associates get the commission on the sales that they make. The individuals are given the opportunity to support the causes of their choice. Homelessness is a cause that the company’s associates care about. The employees and the company keep track of the homelessness, and it uses hope by helping the homeless. The people affected by the disaster need hope for them to face another day.
Sahm Adrangi keeps making waves in the world of investing by publically short selling the companies that his investment firm, Kerrisdale Capital, has researched. Some of his latest targets have been engaging in fraudulent advertising that is misleading not only their customers but also the investors that placed their faith in their promises. These practices have to be stopped, and Sahm Adrangi and Kerrisdale Capital are working towards this goal by shorting their stocks in order to draw attention to their unscrupulous actions. As an added benefit, they are able to make a hefty profit through their practices as well.
Sahm Adrangi has had so much success in the industry through short selling bad companies and investing into the success of the good that he was asked to speak at a recent convention that took place in Manhattan called The Art, the Pain, and Opportunity of Short Selling. The conference that was organized by Kase Learning and Whitney Tilson was attended by many people in the investment world and featured speakers that are well known and respected throughout the investment community.
The conference not only talked about the good aspects of short selling but also the many different challenges that investors face during the process. Each of the dozen speakers involved addressed on some of these challenges and tried to speak about a different one in each one of their speeches that took place throughout the day in early May.
The conference had a high level of attendance and a high level of qualitywhen it came to the speakers that were featured during the event. By speaking about their unique experiences in front of the large audience, they were able to share their knowledge and help other short-selling investors with the issues that they may face while short selling investments. The series of speeches was headed by Sahm Adrangi as he gave the first one of the day after breakfast and Whitney Tilson’s opening statements. The event was considered a success by their organizers and attendees and was considered an important event in Manhattan in the diverse world of investing.
Jeunesse Global, the brainchild of serial entrepreneursRandy Ray and Wendy Lewis, has become one of the most important growth stories in the global health and beauty sector. The company has been churning out game-changing products since the first day it opened for business. Ray and Lewis have achieved almost preternatural success in growing their brand across the globe, signing up thousands of new distributors every year and expanding their customer base to millions around the world.
At the heart of this accomplishment lies the unique Jeunesse Global knack for spotting underserved market niches and developing revolutionary products to address them. The company calls its entire product lineup the Youth Enhancement System. And there really is nothing quite like it currently on the market.
The Youth Enhancement System consists of a basket of more than a dozen products, all of which play a specific role in promoting health, youth and longevity. This package of products eliminates the necessity for consumers to shop at many different sources for all of their health and beauty needs. With the Youth Enhancement System, everything is taken care of.
But that shouldn’t give the impression that the Youth Enhancement System is made up of run-of-the-mill products that could be found at brick and mortar retailers. On the contrary, the package includes some of the most transformational productsthat the health and beauty industry has seen over the last two decades.
One example is the company’s Nevo energy drink. Competing toe to toe with the likes of Red Bull, Nevo is an all-natural alternative to a market that is saturated with highly refined and synthetic products. The fact that Nevo is made from 100 percent fruit juice means that it has one of the best flavors of any energy drink on the market today. Users say that it tastes more like freshly squeezed fruit juice than like the sugar-added, almost medicinal flavor of many energy drinks that are widely available.
Nevo comes in four great flavors, including peach mango, acai grape, lemon ginger and mixed berry. It has just 50 calories per can and delivers energy that lasts the whole day.