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This Billionaire Bought Over A Thousand Small Businesses And Never Lost A Dime
⏲ 11:7 👁 265K
The Story of the 2015 Alabama Crimson Tide (HD)
⏲ 47 minutes 7 seconds 👁 549.3K
UNEXPECTED?! NOBODY THOUGHT ABOUT THIS? ALABAMA FOOTBALL NEWS TODAY!
⏲ 7 minutes 39 seconds 👁 1K
Littlehampton businesses 'devastated' by floods
⏲ 0:36 👁 1.3M
Alabama Hail Mary on 4th and Goal from the 31 yard line
⏲ 3 minutes 12 seconds 👁 383.8K
Tuscaloosa Shop Selling Vintage Alabama Gear, Memorabilia
⏲ 2 minutes 3 seconds 👁 114
Tenby harbour pier access control to become a permanent fixture to combat 'tombstoning' concerns
⏲ 1:17 👁 165K
Alabama Crimson Tide T-Shirts For Sale ➡️
⏲ 19 seconds 👁 16
Alabama Football: Spring Practice Highlights
⏲ 4 minutes 3 seconds 👁 14.6K
Alabama Baseball's Rob Vaughn After 5-3 Loss to Arkansas
⏲ 2:5 👁 115K
Star Wars: Outlaws | Official Story Trailer Developer Breakdown
⏲ 4:45 👁 330K
Newhaven floods 8\ 04\ 24
⏲ 0:9 👁 1.6M
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_this-billionaire-bought-over-a-thousand-small-businesses-and-never-lost-a-dime.webp "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.")
_the-story-of-the-2015-alabama-crimson-tide-hd.webp "ROLL TIDE Graham")
_unexpected-nobody-thought-about-this-alabama-football-news-today.webp "Bama Fans")
_littlehampton-businesses-39devastated39-by-floods.webp "'Devastated' businesses in part of West Sussex have been left submerged in flood water after the River Arun burst its banks. <br/> <br/>A combination of strong winds and high tides has caused severe flooding in Littlehampton with extremely high water levels. <br/> <br/>Part of the local cricket ground has been completely monopolised by the water, leaving it impassable. <br/> Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn")
_alabama-hail-mary-on-4th-and-goal-from-the-31-yard-line.webp "Division One Memes")
_tuscaloosa-shop-selling-vintage-alabama-gear-memorabilia.webp "WVUA 23")
_tenby-harbour-pier-access-control-to-become-a-permanent-fixture-to-combat-39tombstoning39-concerns.webp "Plans to introduce a fixed sliding gate on Tenby harbour pier during holiday season are in the pipeline to help combat instances of anti-social behaviour and safety concerns at the locality.<br/>Local authorities took the decision over the Whitsun holiday period last year to close off a section of the harbour pier at high tides, after serious safety concerns resurfaced with the volume of youngsters and people jumping in the water causing risk of injury from vessel movements within the harbour.<br/>Anti-social behaviour concerns were also raised, with teenagers congregating down the pier, drinking and then diving in the sea, with some choosing to climb onto nearby premises to gain higher vantage points to jump from. The move was also designed to combat ‘boy racers’ parking up at the picturesque spot during the evenings.<br/> Tenby Harbour User's Association members recently had it confirmed to them at a meeting that a design is in process for a fixed sliding gate at the pier. <br/>In the mean time Heras fencing will return in May to ensure the working pier is not compromised in 2024. This will again be manned by Tenby boatmen and the harbourmaster.")
_alabama-crimson-tide-t-shirts-for-sale.webp "TV SHOW TRIVIA QUIZ")
_alabama-football-spring-practice-highlights.webp "Alabama Crimson Tide")
_alabama-baseball39s-rob-vaughn-after-5-3-loss-to-arkansas.webp "Alabama Baseball's Rob Vaughn After 5-3 Loss to Arkansas")
_star-wars-outlaws-124-official-story-trailer-developer-breakdown.webp "Star Wars Outlaws is an open-world action-adventure game developed by Massive Entertainment and Ubisoft. Take a look at the developer breakdown for the latest story trailer for Star Wars Outlaws with Narrative Director Navid Khavari as players embody the cunning scoundrel Kay Vess and her loyal companion Nix. Get the rundown on the game’s criminal syndicates, including the Pyke Syndicate, the Hutt Cartel, the Ashiga Clan, and Crimson Dawn alongside pursuing the opportunity of a lifetime for Kay Vess and Nix. Star Wars Outlaws is launching on August 30 for PlayStation 5 (PS5), Xbox Series S|X, and PC.")
_newhaven-floods-892-0492-24.webp "High tide flooding on Denton Island, Newhaven.")
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