
What’s striking is how conventional many of the business people’s backgrounds — and their plans — increasingly are. Instead of backing marijuana dispensaries, investors such as Privateer and San Francisco-based ArcView Group are rushing to find consulting firms, software companies and insurance agencies to serve the new market. Even Privateer’s strategy of merging small companies to form a big one is familiar: In traditional buyout shops, it’s called a ‘roll-up.’ Just don’t say that word to Kennedy, unless you want him to blush. Scratch the term ‘growing the business’ — he catches that one in midsentence, correcting his wording to ‘expand.'”
Related posts:
Spanish bank deposits turn into a waking Iberian nightmare
White House Granted Itself ‘High Security Risk’ Healthcare.gov Waiver
MSNBC's Alex Wagner vs. Ron Paul On Syria, Liberty, Anti-Semitism
Bermuda offshore wealth firm reveals 2016 hack of client data
The Bitcoin Taxman Cometh
New Hampshire city suing ‘Robin Hood’ for paying parking meters of strangers
As China Dumps Treasuries, World Sees No Better Place for Refuge
Beauty Offshore: A Caribbean Passport For A Chinese Restaurateur
Obama 'deeply concerned,' warns Russia against Ukraine intervention
Fast-food worker wage protests spread to Detroit and St. Louis
What Will Obamacare Cost You?
Senate Republicans Push $3 Billion Puerto Rico Bailout
U.S. Airport Pat-Downs Are About to Get More Invasive
Indian starving children’s fund used to fix buses
Feds Searching Record Number of Our Personal Devices at the Border