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:
Seven killed, 261 wounded in Cairo clashes over military coup
Trump considers nationalizing 5G mobile network to combat China
43 Worst Civil Liberties Nightmares That Came True In 2017
Europol: Police need powers to tackle virtual money laundering
Veteran civil rights leader: Snowden acted in tradition of civil disobedience
San Francisco voters just voted to make housing less affordable
Motorola’s Moto X: First Impressions
Philadelphia Cop Who Punched Woman On Video Found Not Guilty
60 Minutes: The new tax havens
Reports indicate CIA helping Syria rebels obtain arms and intelligence
China-U.S. Visa Deal a Problem for U.S. Immigration Consultants
Florida investment adviser charged with selling $8 million of fake Facebook shares
Jim Bovard: Farmers fight for the right to grow raisins
First Bitcoin Hedge Fund Launches From Malta
Cyprus rejects bank bill which would have forced people to hand over 10% of their savings