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Will Donnelly, the cofounder and CEO of Lottie, wants to make finding and booking a spot in a retirement or care home for an aging family member as easy as finding a hotel stay. In other words, \
⏲ 16:43 👁 2.4M
Makeup By Nikki La Rose
⏲ 49 minutes 28 seconds 👁 33.7K
Alexa Chan
⏲ 12 minutes 5 seconds 👁 9.4K
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
Christine Le
⏲ 16 minutes 36 seconds 👁 8.5K
Everyday Edit
⏲ 20 minutes 43 seconds 👁 7.1K
A lawsuit has been filed in Georgia seeking to return a $100,000 donation made to Rudy Giuliani's legal defense fund by Matthew Martorano. The lawsuit argues the donation rightfully belongs to victims of an alleged online fraud scheme involving the marketing of skin care products. Martorano and his company, Konnektive, are defendants in a separate federal class action lawsuit alleging they facilitated fraud through software that helped hide chargebacks from credit card companies. The new lawsuit claims Martorano and others have begun transferring assets to avoid paying such a judgment, including the $100,000 donation to Giuliani's fund.
⏲ 0:47 👁 1.6M
Michele Wang
⏲ 37 minutes 49 seconds 👁 58K
simply.blair
⏲ 32 minutes 5 seconds 👁 3.1K
Timestamps:0:00 Pasta nests1:48 Simple oven recipe3:04 Letfovers idea4:59 Pasta with ricottaCreditsWe advise adult supervision and care at all times. This video is made for entertainment purposes. We do not make any warranties about the completeness, safety and reliability. Any action you take upon the information on this video is strictly at your own risk, and we will not be liable for any damages or losses. It is the viewer's responsibility to use judgment, care and precautions if one plans to replicate. The following video might feature activity performed by our actors within controlled environment- please use judgment, care, and precaution if you plan to replicate. All product and company names shown in the video are trademarks™️ or registered®️ trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them. ------------------------------------------------------------------------------------ ▶️ TheSoul Music: https://www.music.thesoul-publishing.com ◉ Our Spotify: https://sptfy.com/TheSoulMusic ◉ TikTok: https://www.tiktok.com/@thesoul.music ◉ YouTube: / @thesoulsound ◉ 5-Minute Crafts: / @5minutecraftsyoutube ◉ 5-Minute Crafts DIY: ​ / @5minutecraftsdiy ◉ 5-Minute Crafts PLAY: ​ / @5minutecraftsplay ◉ Music by Epidemic Sound: https://www.epidemicsound.com/ 
⏲ 14:52 👁 10K
Vogue France
⏲ 13 minutes 34 seconds 👁 1.1M
Marine Lenel
⏲ 7 minutes 16 seconds 👁 146.3K
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