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Staying small is working out big time for Shore Capital. Their average internal rate of return on its 14 exits, all in health care, is 53%, net of fees. That’s nearly triple the average net IRR of U.S. buyout funds raised since 2009, according to data from Cambridge Associates. After Shore took its 20% to 30% cut of profits, its exits multiplied investors’ money by 5.5 times on average, also nearly triple the average total value to paid-in capital multiple of U.S. buyout funds raised during that period. Shore has never unloaded a company for less than three times cost before fees, nor, it says, has it ever suffered a loss. “Those are top 1% returns in private equity,” marvels one investor who asked not to be identified, citing his organization’s press policy. “That’s rarefied air, right? That’s more like venture capital than a traditional buyout firm.”<br/><br/>Ishbia and his team have acquired more than 1,000 mom-and-pop shops across the country (average cost: $15 million) since Shore’s 2009 founding and rolled them up into 61 larger chains of things inclu­ding autism treatment clinics, bakeries and exterminators. “We’re buying businesses in Akron, Ohio, and Pittsburgh, and Birmingham, Alabama,” Ishbia says. “There’s more low-hanging fruit for me. It’s Joe Schmo on Main Street.”<br/><br/>Shore then invests in computer systems and equipment, stacks the businesses’ boards with industry veterans and hunts for complementary companies in adjacent markets. “We’re just buying and buying and buying,” says Ishbia, who insists Shore doesn’t take on as much debt as other private equity firms and doesn’t cut servi­ces or head count. “The private equity world gets a bad rap for ‘buy this, slash that.’ We are growth—we have almost 35,000 employees and hire thousands per year.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/mattdurot/2024/04/08/this-main-street-billionaire-bought-over-a-thousand-small-businesses-and-never-lost-a-dime-justin-ishbia/?sh=3140aa9e39ee<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
⏲ 11:7 👁 1.3M
Sunday Morning Live 14 April 2024<br/><br/>Philosopher Stefan Molyneux explores the origins of corruption...<br/><br/>Join the PREMIUM philosophy community on the web for free!<br/><br/>Get my new series on the Truth About the French Revolution, the Truth About Sadism, access to the audiobook for my new book 'Peaceful Parenting,' StefBOT-AI, private livestreams, premium call in shows, the 22 Part History of Philosophers series and more!<br/><br/>See you soon!<br/><br/>https://freedomain.locals.com/support/promo/UPB2022
⏲ 1:54:41 👁 195K
<br/>Feriha does not forgive the Emir!<br/><br/>Emir, whose hands are tied with regret, asks for help from Koray, although he does not know what to do. While Koray and Gülsüm take Feriha to their house, Emir vargücü tries to apologize to Feriha, but Feriha doesn't even feel ready to see her yet. In the doorman's apartment, the subject is nothing but Feriha's crumbling marriage. Rıza, who does not want to deal with Feriha openly, is uneasy about Feriha leaving her house and assigns Hatice to call on her daughter to return to her husband. However, Hatice and Seher's visit, aside from making Feriha return to Emir's side, pushes Feriha to question her family and family values. Realizing that she is completely alone with her family's attitude, Feriha leaves all Emir's struggles unrequited with all her heartbreak and settles in a student dormitory. While Emir is taking all the opportunities to talk to Feriha, the first hearing of the case opened by Ünal to the Yılmaz family is going to be eventful. However, the real big event that everyone is unaware of is waiting for its turn to appear.<br/><br/>Feriha Yilmaz is an attractive, beautiful, talented and ambitious daughter of a poor family. Her father, Riza Yilmaz, is a janitor in Etiler, an upper-class neighbourhood in Istanbul. Her mother Zehra Yilmaz is a maid. Feriha studies at a private university with full scholarship. While studying at the university, Feriha poses as a rich girl. She meets a handsome and rich young man, Emir Sarrafoglu. Feriha lies about her life and her family background and Emir falls in love with her without knowing who she really is. She falls in love with him too and becomes trapped in her own lies.<br/><br/>Cast: Hazal Kaya, Çağatay Ulusoy,Vahide Perçin, Metin Çekmez,<br/>Melih Selçuk, Ceyda Ateş, Yusuf Akgün, Deniz Uğur, Barış Kılıç.<br/><br/>Production: Fatih Aksoy<br/>Director: Merve Girgin Neslihan Yeşilyurt<br/>Screenplay: Melis Civelek, Sırma Yanık
⏲ 5:54 👁 245K
In this conversation, a caller shares his struggles with co-parenting and unresolved issues stemming from past traumatic experiences impacting his mental health. Discussions delve into conflicts with the ex-wife, family dynamics complexities, troubled marriage details, and personal struggles, shedding light on the caller's healing journey. Insights into relationship challenges, communication struggles, infidelity, and marital reunification offer clarity on personal dynamics. The dialogue emphasizes understanding different behavior standards, balanced perspectives, self-improvement, and effective co-parenting responsibilities for navigating relationships successfully. Stefan and the caller explore upbringing influences, honesty, accountability, and breaking the cycle of trauma-driven actions for creating healthier environments and fostering personal growth and positive change.<br/><br/>Join the PREMIUM philosophy community on the web for free!<br/><br/>Get my new series on the Truth About the French Revolution, the Truth About Sadism, access to the audiobook for my new book 'Peaceful Parenting,' StefBOT-AI, private livestreams, premium call in shows, the 22 Part History of Philosophers series and more!<br/><br/>See you soon!<br/><br/>https://freedomain.locals.com/support/promo/UPB2022
⏲ 2:31:38 👁 85K
The late Queen Elizabeth \
⏲ 1:23 👁 60K
Sa ngalan ng diskwento, pati ba naman ID para sa mga PWD, pini-peke at ibinibenta online? Dalawang sangkot umano diyan ang arestado!<br/><br/><br/>24 Oras is GMA Network’s flagship newscast, anchored by Mel Tiangco, Vicky Morales and Emil Sumangil. It airs on GMA-7 Mondays to Fridays at 6:30 PM (PHL Time) and on weekends at 5:30 PM. For more videos from 24 Oras, visit http://www.gmanews.tv/24oras.<br/><br/>#GMAIntegratedNews #KapusoStream<br/><br/>Breaking news and stories from the Philippines and abroad:<br/>GMA Integrated News Portal: http://www.gmanews.tv<br/>Facebook: http://www.facebook.com/gmanews<br/>TikTok: https://www.tiktok.com/@gmanews<br/>Twitter: http://www.twitter.com/gmanews<br/>Instagram: http://www.instagram.com/gmanews<br/><br/>GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe
⏲ 3:2 👁 60K
Sugar - You're My Business Clip <br/><br/><br/>Sugar is a contemporary, unique take on one of the most popular and significant genres in literary, motion picture and television history: the private detective story. Academy Award nominee Colin Farrell stars as John Sugar, an American private investigator on the heels of the mysterious disappearance of Olivia Siegel, the beloved granddaughter of legendary Hollywood producer Jonathan Siegel. As Sugar tries to determine what happened to Olivia, he will also unearth Siegel family secrets; some very recent, others long-buried.<br/><br/>The series also stars Kirby (“The Sandman”), Amy Ryan (“The Wire”), Dennis Boutsikaris, Nate Corddry (“Mindhunter”), Alex Hernandez (“Invasion”), and James Cromwell (“Succession”), with guest stars Anna Gunn (“Breaking Bad”) and Sydney Chandler (“Don't Worry Darling”).<br/><br/>Sugar is created by Mark Protosevich who also executive produces. Audrey Chon and Simon Kinberg executive produce for Genre Films, marking their second series with Apple TV+ under Kinberg’s overall deal following Invasion. Colin Farrell, Sam Catlin, Scott Greenberg and Chip Vucelich also serve as executive producers. The series was directed by Fernando Meirelles (“City of God,” “Two Popes”), who also executive produces, and Adam Arkin (“The Offer”), who also co-executive produces.
⏲ 2:24 👁 1M
Ellery W. Roberts, CEO & Founder of 1847 Holdings, was recently interviewed by Benzinga.<br/><br/>1847 Holdings styles itself as a private equity firm operating on the public market. Its controlled buying model combines the most attractive attributes of owning private, lower-middle market businesses, with the liquidity and transparency of a publicly traded company. Its philosophy revolves around simplicity, focus, speed and flexibility.<br/><br/>Recently, the company announced a rebranding of one of its subsidiaries, 1847 Cabinets Inc., into Signature Home Craft. Signature is a designer, manufacturer and installer of cabinets, doors and millwork for residential construction.
⏲ 8:22 👁 890K
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