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_this-day-in-history-the-civil-war-begins.webp "This Day in History: , The Civil War Begins.<br/>April 12, 1861.<br/>Union-held Fort Sumter in Charleston Bay, SC, <br/>is attacked by Confederate shore batteries <br/>under the command of General P.G.T. Beauregard.<br/>After being battered <br/>for 34 straight hours, <br/>U.S. Major Robert Anderson <br/>surrendered the fort.<br/>U.S. President Abraham Lincoln <br/>called for 75,000 volunteer <br/>soldiers two days later.<br/>He had been in office <br/>for barely more than a month.<br/>South Carolina, a slave state,<br/>had issued an \")
_cintia-llega-a-las-vacaciones-124-mtv-acapulco-shore-t5.webp "MTVLA")
_leslie-y-mane-se-pelean-en-el-saln-de-belleza-124-mtv-acapulco-shore-t5.webp "MTVLA")
_japan-philippines-us-rebuke-china-over-dangerous-south-china-sea-moves-124-oneindia.webp "The heads of state from Japan, the Philippines, and the United States have jointly expressed \")
_leslie-tiene-que-traducir-a-mara-porque-nadie-le-entiende.webp "MTVLA")
_mane-y-karime-le-roban-flores-de-bach-a-potro-y-l-explota-124-mtv-acapulco-shore-t5.webp "MTVLA")
⏲ 3 minutes 26 seconds 👁 31.9K
_andi-olivers-fabulous-feasts-episode-3.webp "Andi Oliver’s Fabulous Feasts episode 3 - Andi Oliver embarks on a captivating journey to the northeastern shores of England, setting her sights on the quaint fishing town of Bridlington. This charming locale holds a remarkable secret, one that many might find surprising: Bridlington stands as the undisputed lobster capital of Europe. A title not widely recognized but deeply ingrained in the town's culture and economy.")
_chile-es-el-primero-en-llegar-a-la-casa-124-mtv-acapulco-shore-t5.webp "MTVLA")
_mane-enfrenta-a-leslie-124-mtv-acapulco-shore-t5.webp "MTVLA")
_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.")
_leslie-se-pelea-con-mara-por-mane-124-mtv-acapulco-shore-t5.webp "MTVLA")
_leslie-se-vomita-antes-de-estar-con-karime-124-mtv-acapulco-shore-t5.webp "MTVLA")
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