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From a Father to a Son

October 16th, 2009 by admin

Intelius Founder Naveen Jain is a dedicated spouse to his wife Anu and a father of three children. His son Ankur is determined to emulate his father’s business expertise.

Naveen Jain has worked for Microsoft Corporation where he helped launch the Microsoft Network. He then founded InfoSpace, a content provider for websites and later on, Intelius, an online information service provider. These companies made Jain one of < a href=”http://www.forbes.com/2009/09/30/forbes-400-gates-buffett-wealth-rich-list-09_land.html”>Forbes’ 400 Billionaires in America. He has also engaged in philanthropic activities by giving financial support to people and communities in need and organizations that focuses on youth and family, health care, education, and poverty reduction. He has given scholarships to undergraduate students of business, engineering, and computer science in the University of Washington.

Naveen Jain has always valued education since he observed the illiteracy of his fellowmen when he was growing up in India. Ankur has also acquired this love for education. According to him, “I always wanted to contribute to the development of the education sector.”

A sophomore at the Wharton School of Business, Ankur acknowledged that his father inspired him to become an entrepreneur. “My father instilled in me the idea that everyone can shape their own destiny; they can’t wait for things to happen, they have to make them happen,” he said. He is a president of Kairos Society, a non-profit organization founded in 2007 to encourage college students to become entrepreneurs. He dreams of one day surpassing the achievements of Larry Page and Sergey Brin through Google. “They have been my role models ever since I was a child. When in face of adversity, I think of them. It only makes me more resolute in my endeavour,” he said.

With role models like that and a renowned father like Naveen, the younger Jain will, in all probability, succeed in whatever he focuses his attention on.

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Platinum Equity: One of LA’s Largest Companies

September 30th, 2009 by admin

Established in 1995 by billionaire Tom Gores, Platinum Equity handles a number of various businesses operating in different sectors including telecommunications, software, information technology, logistics, media, manufacturing, and more. For two consecutive years, the Beverly Hills based Platinum Equity was hailed as one of the largest privately owned companies in America.

Platinum Equity specializes in meeting a variety of complex requirements in all types of divestitures. The firm typically works with strategic sellers seeking to get rid of non-core assets in order to enhance their business operations. The firm’s in-house teams reduce transition and transaction risks that affect stakeholders. With its experiences in operations, Platinum Equity was able to develop an invaluable perspective. This perspective gives them an edge over its competitors.

Platinum Equity came up with the M&A&O (Mergers & Acquisitions & Operations) approach so that it could improve the operations side of financial acquisitions. Over 100 in-house experts work with portfolio companies.

Since January of this year, the firm was able to make ten deals with both corporate and private sellers Under Tom Gores’ leadership, Platinum Equity was able to attain a global reach. Platinum’s International teams deliver solutions to corporate sellers in any market and at any time.

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