Archives: August 2018

Malcolm CasSelle: Looking To Cement Cryptocurrency With Gaming Via WAX

CasSelle Attempts To Bridge Divergent Web Markets For Potentially Stronger Yields 

Malcolm CasSelle is the current CIO of OPSkins, which according to the article on January 2nd, 2018 at hitechchronicle.com the company is not only the world-wide leader in sales of in-game virtual assets, but also the top bitcoin merchant across the globe, the article puts in. It would then seem to make sense to utilize OPSkins’ WAX format to possibly organize what seems like a very fractured and murky virtual asset market.

Thus CasSelle enters the scene attempting to wrap his mind around this giant tendrilous that is presently within the bitcoin market that has a wide array of revenue streams and/or chains to eventually bring these channels into some sort of organized synchronicity.

Both an M.I.T. and Stanford University alumnus; Malcolm holds a Master’s Degree in Computer Science. Malcom has also been in the cyber revenue scene since 2006 when he served as Top Executive for both Tencent and Groupon, according to Wikipedia.

For an executive; Malcolm appears to still be young and energetic enough to tackle such a venture; for he has not yet reached the age of 50 years old, according to an article written in 2005 via www.encyclopedia.com.

The sporadic manner as to how bitcoin currently generates and collects revenue still appears almost as cryptic to decipher as an ancient Egyptian hieroglyph to many outsiders. It is reported that CasSelle is fluent in both Japanese and Chinese; to add to his experience with programming language. With this, he could be the person to decipher and eventually link it all together, someday making it easier for many to join and comprehend it themselves with the WAX platform.

As the saying goes, “Only time will tell”. However, in the fast-paced and continuously changing world of cyber, Malcolm CasSelle could be the one that could quickly merge the gaming and block-chain technologies which would obviously benefit many across the globe with this potential bridge to additional revenue if organized, streamlined and easier to comprehend.

Softbank Takes Over Fortress Investment Group

The Fortress Investment Group is a leading investment group that is now being acquired by the Softbank company. Softbank paid about 3.3 Million dollars to make this deal happen and Softbank is based out of Japan. Softbank has evolved from its early days as a computer and software company to in present day having a keen interest in grassroots technology investment firms.

Softbank has been in business for over 40 years and they are able to provide value and expertise across a number of different business arenas. The group’s leadership is excited about the prospects of once again being a private company dedicated to improving investor relations across the board.

Fortress Investment group operating structure as well as Softbank’s will not change much as a result of the union of these companies. Fortress Investment Group was one of the first private equity firms to join the Wall Street Investment stocks publicly and was also the first private equity firm to leave the New York stock exchange too. Softbank has agreed to let the Fortress Investment group operate on its own terms and conditions despite this merger. The Fortress Investment Group will remain based out of its New York City location despite the merger.

Softbank has considerable ties and investment already with another project called the Vision Fund, one of the largest tech based investment projects that has gotten funding from such big companies as Apple. It is the company’s hope to expand their role in this space by opening up a London office where these two companies can collaborate on any and all future projects. The London office will put about 1,000 people to work there which is good for their economy also. The merger will allow the former to take full advantage of the new Asian markets. Softbank hopes to focus its time and attention on maintaining investor and customer relations and also to help meet compliance issues within and outside of its company base.

Learn More: www.thestreet.com/quote/FIG.html

Disintegrating The Growth of OSI Industries

Various giants exist in the food provision industry. Among the various giants are such as OSI Industries. As a revered food service provider operating as a multinational company, OSI Industries has earned a positive reputation as a company dedicated to customer satisfaction and delivery of quality products.

Background Information

The birth of OSI Industries came about during the early 20th century. As a company that has been present for over a century, OSI Industries has always been under the leadership of individuals who had the company’s best interests at heart. Well, OSI started out as a small retail butcher shop in Chicago. Otto Kolschowsky established the shop. Under the management of Otto Kolschowsky, the shop prospered indefinitely. Well, age does catches up with everyone. Since Otto wanted his sons to continue running the family business even when he isn’t present, he eventually indulged his two sons in the meat industry trade. Otto made sure that his sons had grasped the basics and within no time, they were able to run the family enterprise on their own. By then, the company was known as Otto & Sons. The name signified that Otto and his two sons were the sole owners of the company and they were working together.

Additional Information

Otto & Sons had carved a positive reputation for themselves back in the day. The positive reputation led to the company being recruited as the sole supplier of freshly ground beef to the McDonald’s restaurant. The working relationship between the two entities was doing well. As McDonald’s expanded, Otto & Sons did too. Nevertheless, Otto & Sons came across various challenges such as financing the construction of a specific plant that was meant to be dedicated to serving the McDonald’s entity. Fortunately, Otto & Sons were able to come across Sheldon Lavin who was able to help them procure some financial assistance from a bank without involving the sale of stocks or shares within their company.

Outline

Age was catching up with the sons of Otto, and they had to hand over the leadership of the company to other capable individuals. Since Sheldon Lavin had proven to be of great assistance to the company, the sons of Otto decided to hand over the position of CEO to Sheldon Lavin in 1975, the year when Otto & Sons was rebranded to OSI Industries.

Private Equity Investor Wes Edens

Since Fortress Investment Group came into existence in 1998, the company has been the benchmark in the industry. Fortress Investment Groups started as a private equity organization. In 2007, the company was the first large-scale equity company to get public on the New York Stock Exchange which was a clear evidence that the organization is a trendsetter. Fortress Group is a differentiated universal investment management institution that controls assets worth more than $43 billion for 1,750 and above investors in permanent capital vehicles, hedge funds, and private equity. The organization has a solid strategy of ‘strong risk-adjusted returns’ over a long term for investors. The company has its main offices in New York and has more than 900 workers. The major principals of the organization include Randal Nardone, Wes Edens, and Peter Briger. The major areas of specialization of the company include:

  • Capital markets
  • Operations management
  • Asset-based investing
  • Corporate mergers and acquisition
  • Sector-specific knowledge of institutions and organizations

The company’s asset-based investments are made through credit funds and private equity. These investments involve a wider diversity of assets such as capital, financial vehicles, and real estate that generate long-term cash flow. The company prides in estimating strategic, structural, and operational ‘facts on the ground’ when it comes to managing portfolios. In addition to this, the company has a vast experience in handling mergers and acquisitions. The company team understands well and have great friendships with a broad range of corporate stakeholders, management professional, corporate board member which has contributed to the excellent experiences. Moreover, all the employees of the company have world-class knowledge of the industry.

Wes Edens is one of the founding fathers and the current principal of Fortress. Edens is the private equity chief investment officer of the company. He invests in several industries such as real estate, transportation, infrastructure, real estate, financial services, and media. Before founding Fortress, Wes worked at BlackRock Financial Management, Inc. as a partner as well as the managing director. In addition to this, Wes Edens was Lehman Brothers managing director. Besides finance, Wes Edens is a fan of sports. With his partner, Nassef Sawiris the two are planning on how to buy Aston Villa Club.