The top five “big tech” companies prove inspiring to those wishing to become wealthy. The founders of Apple, Google, Facebook, Amazon, and Microsoft all present wonderful biographies. The founders overcame many hurdles to build companies. Their innovations changed the landscape of technology. A dark cloud surrounds them. In a 21-hour tweet storm, Shervin Pishevar discussed how the “Big Five” companies might be too powerful. Such a massive amount of power concentrated in five companies problem. In addition to forcing smaller companies to struggle, the big companies may wield too much economic and political power across the globe.
Shervin Pishevar suggests the time has come for the United States to use its anti-trust authority to deal with the companies’ concentrated monopolistic structures. The government famously used its anti-trust powers to address the phone companies of yesteryear. Pishevar’s tweets ask why the U.S. government cannot do the same to the tech companies. The entrepreneur’s tweets may prove prophetic. Recent rumblings in the Justice Department suggest thoughts about anti-trust lawsuits might be on the horizon.
Shervin Pishevar isn’t a stranger to the technology industry. Pishevar was one of the early investors in Uber. Likely, at the time, people in the venture capital world were skeptical of Uber. The skepticism was rooted in concerns about whether the public would go for ridesharing. Not only did millions of people “go” for the service, but customers appreciative of Uber also changed the landscape of how people seek out transportation. Shervin Pishevar continued his tech investment and innovation career with Virgin. The Virgin Hyperloop One may further change transportation forever.
After examining Shervin Pishevar’s background, people take his tweets about the tech industry seriously. Pishevar’s commentary about the tech world isn’t all focused on monopolies and antitrust topics. He also tweets about a glorious future where the next generation of tech wizards can come from anywhere. No one needs to feel the industry begins and ends in the Silicon Valley.
Fortress Investment Group is a global investment management firm that was created in 1998. At the time of its creation, Fortress Investment Group was a small private equity company that very few would have thought that it’d grow to the mega firm that it is presently. Their rapid growth in recent years has been evidenced by their first initial public offer on the New York Stock Exchange about ten years after its creation. The firm has continued to grow immensely and currently, and the company boasts of over $43 billion in assets and diversification of investments. The company has attracted over 1750 investors, and the numbers keep growing every new day.
The company was co-created by Wes Edens, and he manages it alongside two other people, Randal Nardone and Peter Briger. Wes Edens has ably led this firm, and its present-day success can be primarily attributed to his dedication to making it a better firm always. Fortress Investment has specialized in the following areas:
• Capital markets
• Overseeing corporates mergers
• Operations management of other firms
Other than business management, Mr. Wes Edens is a sports enthusiast, and he has been gracing sporting events for long. Along with another expert business partner, Mr. Wes Edens purchased Milwaukee Bucks in 2014. He is also a diehard football fan and has invested lately in this sport. Together with another investor from UAE, Mr. Wes Eden’s pledged to revive Aston Villa Club following their purchase of the football team. This was after Aston Villa missed promotion to the English Premiership following their playoff with Fulham.
The two partners agreed to keep the clubs former owner as a member of the board as well as a co-chairman. During the period of the purchase, the club had bought no additional players to replace John Terry and Jack Grealish who joined other clubs. However, following Wes Eden’s input, the club’s coach was confident that new signings would be brought in the coming days. The club hopes to push their promotion to the English Premiership once again, and Wes Edens is optimistic that this is possible.