When hedge fund Trian Partners in October 2015 disclosed a $2.5 billion investment in General Electric GE -1.85% in support of Jeff Immelt’s efforts to reshape the conglomerate, it was the culmination of a multiyear effort by GE’s then-CEO. Two years prior, Immelt had invited Trian’s billionaire cofounder Nelson Peltz to speak at a corporate offsite … Continue reading How Jeff Immelt’s Courtship Of An Activist Investor Backfired For GE Shareholders – Antoine Gara
Category: Billionaires Strategy/Investment
How A Mysterious Tech Billionaire Created Two Fortunes & a Global Software Sweatshop – Nathan Vardi
From an office suite on the 26th floor of the iconic Frost Bank Tower in Austin, Texas, a little-known recruiting firm called Crossover is searching the globe for software engineers. Crossover is looking for anyone who can commit to a 40- or 50-hour workweek, but it has no interest in full-time employees. It wants contract … Continue reading How A Mysterious Tech Billionaire Created Two Fortunes & a Global Software Sweatshop – Nathan Vardi
The Nigerian Serial Entrepreneur Who Built A $14 Million Mobile VAS Content Business – Mfonobong Nsehe
Nigerian-born serial entrepreneur John Orajiaka, 43, is the founder of Adnol Multimedia a $14 million (annual revenues) Pan-African value-added telecommunication service provider. Active in more than ten African countries including Nigeria, South Africa, Liberia, Cameroon, Rwanda and Swaziland, Adnol Multimedia provides everything from basic messaging and voice applications to digital lifestyle solutions using short codes … Continue reading The Nigerian Serial Entrepreneur Who Built A $14 Million Mobile VAS Content Business – Mfonobong Nsehe
Brian Armstrong, CEO Of Cryptocurrency Exchange Coinbase, Becomes A Billionaire – Nathan Vardi
While more than $600 billion of cryptocurrency wealth has been wiped out in the last several months amid a market meltdown, the man who facilitates a big chunk of the nation’s cryptocurrency trading has become a billionaire. In late October, Brian Armstrong, the CEO of cryptocurrency exchange operator Coinbase, oversaw a financing round in which … Continue reading Brian Armstrong, CEO Of Cryptocurrency Exchange Coinbase, Becomes A Billionaire – Nathan Vardi
Billionaire’s Secret Buyout Formula: 110 Instructions and an Intelligence Test – Miriam Gottfried & Laura Cooper
Billionaire investor Robert Smith believes corporate buyouts can be reduced to a formula. His private-equity firm, Vista Equity Partners, has codified that notion into 110 acronym-heavy directives known as Vista Best Practices. They are secret—stored on a company server that makes a record every time anyone downloads or prints them. Target companies must have “critical … Continue reading Billionaire’s Secret Buyout Formula: 110 Instructions and an Intelligence Test – Miriam Gottfried & Laura Cooper
Midas List Europe: Meet The Best VC Investors In European Tech For 2018 – Alex Konrad
With Europe’s tech scene on the rise, a select group of venture capital investors are proving that you don’t need to be in Silicon Valley to build a golden startup portfolio. The 25 investors of the second-ever Midas Europe List have produced returns that stand up worldwide. They’ve backed public-company success stories like payments company … Continue reading Midas List Europe: Meet The Best VC Investors In European Tech For 2018 – Alex Konrad
What Billionaires Want The Secret Influence of America’s 100 Richest – The Guardian
If we judge US billionaires by their most prominent fellows, they may seem to be a rather attractive bunch: ideologically diverse (perhaps even tending center-left), frank in speaking out about their political views, and generous in philanthropic giving for the common good – not to mention useful for the goods and jobs they have helped … Continue reading What Billionaires Want The Secret Influence of America’s 100 Richest – The Guardian