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Ernesto Schmitt
Ernesto Gottfried Schmitt (born August 1971) is an Americans, American-born entrepreneur and investor. A founder of PeopleSound, Beamly and DriveTribe, he also founded VC fund, venture capital fund The Craftory, with a $600m first fund for consumer goods Challenger brand, challenger brands. Born in Cincinnati, Ohio to a Germany, German Gottfried E. Schmitt, father and Uruguay, Uruguayan mother, Schmitt was raised in Brussels and Mexico. He attended Churchill College, Cambridge, where he received an Master's degree, MA in manufacturing engineering, later attaining an MBA from INSEAD. During the Dot-com bubble, dot-com boom, Schmitt founded PeopleSound, the first platform for digital music streaming, which was backed pre-IPO by Bernard Arnault. Seen as one of the highest profile new-age internet startups, it was exited to :it:Buongiorno (azienda), Vitaminic in 2001 and listed. Schmitt also founded Beamly, which pioneered social television, and was backed by HBO and Comcast before ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cincinnati
Cincinnati ( ; colloquially nicknamed Cincy) is a city in Hamilton County, Ohio, United States, and its county seat. Settled in 1788, the city is located on the northern side of the confluence of the Licking River (Kentucky), Licking and Ohio River, Ohio rivers, the latter of which marks the state line with Kentucky. It is the List of cities in Ohio, third-most populous city in Ohio and List of united states cities by population, 66th-most populous in the U.S., with a population of 309,317 at the 2020 census. The city is the economic and cultural hub of the Cincinnati metropolitan area, Ohio's most populous metro area and the Metropolitan statistical area, nation's 30th-largest, with over 2.3 million residents. Throughout much of the 19th century, Cincinnati was among the Largest cities in the United States by population by decade, top 10 U.S. cities by population. The city developed as a port, river town for cargo shipping by steamboats, located at the crossroads of the Nor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investor
An investor is a person who allocates financial capital with the expectation of a future Return on capital, return (profit) or to gain an advantage (interest). Through this allocated capital the investor usually purchases some species of property. Types of investments include Stock, equity, Bond (finance), debt, Security (finance), securities, real estate, infrastructure, currency, commodity, Exonumia, token, derivatives such as put and call Option (finance), options, Futures contract, futures, Forward contract, forwards, etc. This definition makes no distinction between the investors in the Primary market, primary and secondary markets. That is, someone who provides a business with capital and someone who buys a stock are both investors. An investor who owns stock is a shareholder. Types of investors There are two types of investors: retail investors and institutional investors. A ''retail investor'' is also known as an ''individual investor''. There are several sub-typ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bernard Arnault
Bernard Jean Étienne Arnault (; born 5 March 1949) is a French businessman, investor, and art collector. He is the founder, chairman and CEO of LVMH, the world's largest luxury goods company. Arnault is one of the richest individuals in the world; , he has an estimated net worth of billion according to ''Forbes'' and billion according to the '' Bloomberg Billionaires Index''. Born in Roubaix, Arnault was raised in a devoutly Catholic household. He pursued engineering at École polytechnique, graduating in 1971. He began his career in his father's company, Ferret-Savinel, shifting its focus to real estate, which laid the groundwork for his future career in the luxury goods market. Arnault's entry into the luxury sector was marked by his strategic acquisition in 1984 of the financially-struggling textile and retail conglomerate Boussac Saint-Frères, which included the prestigious fashion house Christian Dior. His aggressive business strategies earned him the nickname "The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pre-IPO
Pre-IPO, pre-initial public offering is a late-stage for a private company to raise funds in advance of its listing on a public exchange. History Before the dot-com bubble in the late 1990s private firms enjoyed the largest capital flows with initial public offering (IPO). Since then, more and more startups succeed in getting sufficient funding, and as a result, their valuation grew before IPO. By 2019, this was confirmed by a significant jump in the number of “unicorns”, privately held startup companies valued at over $1 billion. At the same time, companies took a longer time to stay private: in the United States, the number of publicly listed companies dropped by 52% in 2016 as compared to 1996. Advantages over IPO By raising more funds, a private company get an opportunity to mature and better prepare for an IPO. At the pre-IPO stage investors invest in private firms several months or years prior to their listing: they "freeze" their investments for a longer period of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dot-com Bubble
The dot-com bubble (or dot-com boom) was a stock market bubble that ballooned during the late-1990s and peaked on Friday, March 10, 2000. This period of market growth coincided with the widespread adoption of the World Wide Web and the Internet, resulting in a dispensation of available venture capital and the rapid growth of valuations in new dot-com Startup company, startups. Between 1995 and its peak in March 2000, investments in the NASDAQ composite stock market index rose by 80%, only to fall 78% from its peak by October 2002, giving up all its gains during the bubble. During the dot-com crash, many online shopping companies, notably Pets.com, Webvan, and Boo.com, as well as several communication companies, such as Worldcom, NorthPoint Communications, and Global Crossing, failed and shut down. Others, like Lastminute.com, MP3.com and PeopleSound were bought out. Larger companies like Amazon (company), Amazon and Cisco Systems lost large portions of their market capitalizati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Engineering
Manufacturing engineering or production engineering is a branch of professional engineering that shares many common concepts and ideas with other fields of engineering such as mechanical, chemical, electrical, and industrial engineering. Manufacturing engineering requires the ability to plan the practices of manufacturing; to research and to develop tools, processes, machines, and equipment; and to integrate the facilities and systems for producing quality products with the optimum expenditure of capital. The manufacturing or production engineer's primary focus is to turn raw material into an updated or new product in the most effective, efficient & economic way possible. An example would be a company uses computer integrated technology in order for them to produce their product so that it is faster and uses less human labor. Overview Manufacturing Engineering is based on core industrial engineering and mechanical engineering skills, adding important elements from mechatronics, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Master's Degree
A master's degree (from Latin ) is a postgraduate academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional practice. A master's degree normally requires previous study at the bachelor's degree, bachelor's level, either as a separate degree or as part of an integrated course. Within the area studied, master's graduates are expected to possess advanced knowledge of a specialized body of theoretical and applied topics; high order skills in analysis [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mexico
Mexico, officially the United Mexican States, is a country in North America. It is the northernmost country in Latin America, and borders the United States to the north, and Guatemala and Belize to the southeast; while having maritime boundary, maritime boundaries with the Pacific Ocean to the west, the Caribbean Sea to the southeast, and the Gulf of Mexico to the east. Mexico covers 1,972,550 km2 (761,610 sq mi), and is the List of countries by area, thirteenth-largest country in the world by land area. With a population exceeding 130 million, Mexico is the List of countries by population, tenth-most populous country in the world and is home to the Hispanophone#Countries, largest number of native Spanish speakers. Mexico City is the capital and List of cities in Mexico, largest city, which ranks among the List of cities by population, most populous metropolitan areas in the world. Human presence in Mexico dates back to at least 8,000 BC. Mesoamerica, considered a cradle ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brussels
Brussels, officially the Brussels-Capital Region, (All text and all but one graphic show the English name as Brussels-Capital Region.) is a Communities, regions and language areas of Belgium#Regions, region of Belgium comprising #Municipalities, 19 municipalities, including the City of Brussels, which is the capital of Belgium. The Brussels-Capital Region is located in the central portion of the country. It is a part of both the French Community of Belgium and the Flemish Community, and is separate from the Flemish Region (Flanders), within which it forms an enclave, and the Walloon Region (Wallonia), located less than to the south. Brussels grew from a small rural settlement on the river Senne (river), Senne to become an important city-region in Europe. Since the end of the Second World War, it has been a major centre for international politics and home to numerous international organisations, politicians, Diplomacy, diplomats and civil servants. Brussels is the ''de facto' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gottfried E
Gottfried is a masculine German given name. It is derived from the Old High German name , recorded since the 7th century, and composed of the elements (conflated from the etyma for "God" and "good", and possibly further conflated with ) and ("peace" or "protection"). The German name was commonly hypocoristically abbreviated as '' Götz'' from the late medieval period. ''Götz'' and variants (including '' Göthe, Göthke'' and ''Göpfert'') also came into use as German surnames. Gottfried is also a common surname among Ashkenazi Jews. Given name The given name ''Gottfried'' became extremely frequent in Germany in the High Middle Ages, to the point of eclipsing most other names in ''God-'' (such as ''Godabert, Gotahard, Godohelm, Godomar, Goduin, Gotrat, Godulf'', etc.) The name was Latinised as ''Godefridus''. Medieval bearers of the name include: *Gotfrid, Duke of Alemannia and Raetia (d. 709) *Godefrid (d. c. 720), son of Drogo of Champagne, Frankish nobleman. *Godfrid Ha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cincinnati, Ohio
Cincinnati ( ; colloquially nicknamed Cincy) is a city in Hamilton County, Ohio, United States, and its county seat. Settled in 1788, the city is located on the northern side of the confluence of the Licking River (Kentucky), Licking and Ohio River, Ohio rivers, the latter of which marks the state line with Kentucky. It is the List of cities in Ohio, third-most populous city in Ohio and List of united states cities by population, 66th-most populous in the U.S., with a population of 309,317 at the 2020 census. The city is the economic and cultural hub of the Cincinnati metropolitan area, Ohio's most populous metro area and the Metropolitan statistical area, nation's 30th-largest, with over 2.3 million residents. Throughout much of the 19th century, Cincinnati was among the Largest cities in the United States by population by decade, top 10 U.S. cities by population. The city developed as a port, river town for cargo shipping by steamboats, located at the crossroads of the Nor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
