Who is Amit Raizada – Entrepreneur (Vision Venture, SBV, Echo Fox, eSports)
Gone are the days when new and innovative investment opportunities were considered a taboo in most parts of the world. When it came to their hard earned money, people used to trust just a handful of investment options. However, in this modern era, the ideology of “no risk no gain” has crept in the minds of people. You will find many people looking for investment options that would help double their investment in a short span of time even if it involved some amount of risks. It is needless to say, when it comes to monetary investments, it is always better to have a knack of identifying the good investment opportunities from the bad ones, just like Amit Raizada.
About Amit Raizada
Amit Raizada, one of the most successful investors and entrepreneurs in the world, is based in both Los Angeles and Miami. He got his degree in economics from the Michigan State University and enjoys passion for business. This led him to come up with his own company, Spectrum Business Ventures in the year 2002. He also happens to be a partner at the Vision Venture Partners. He led his company Spectrum Business Ventures for 15 long years as the CEO during which time he helped his company come up with a high-performing portfolio that mainly included investments in various financial technology companies, including some wireless telecommunications companies, Verizon, T-Mobile, AT&T, Card Compliant, and Select Quote, to name a few. In other words, the portfolio included more than 60 different operating companies in various sectors such as technology, finance, retail, energy, food and beverage, hospitality, and exports.
It was in the year 2006 that Amit Raizada started the real estate division of the Spectrum Business Ventures. This division largely focused on the renovation, acquisition, and management of different multi-family housing complexes. His company SBV, along with the various affiliates, own more than 6000 units spread across the country. He has been involved in the sale and acquisition of hundreds of assets that totals to a value of billions.
Apart from being a great investor and the founder of Spectrum Business Ventures, Amit Raizada is also a great philanthropist. He also believes in giving back to the society in terms of donations. Amit has donated to several organizations over the years that includes Autism Speaks, The University of Kansas Hospital, Monmouth University Athletics, and The Center for Advanced Heart Care, as well as The Kaw Valley Behavioral Health Care Center.
Vision Venture Partners
VVP or Vision Venture Partners was initiated in the year 2016 with Amit Raizada, Stratton Sclavos, and Rick Fox as partners. Rick happens to be a three-time NBA champion. VVP is basically a private equity firm and with the help of the extensive combined knowledge of the partners, along with a successful past in the world of business and networks, the sole objective of the company is to invest in those startup companies that have a good and bright future in terms of a good potential to grow in the days to come. In order to achieve this goal, Vision Venture Partners searches and nurtures startup businesses in various industries that include video gaming, digital content production, real estate, and different lifestyle brands.
VVP follows three primary principals, which are experience, relationships, and access to capital. It is with the help of these three principals that VVP provides the various operating companies a well proven recipe for a long term success. Recruit the right people to work for you, come up with a compelling service or product, and execute a highly aggressive go-to-market strategy and also efficiently deploy sufficient capital to help grow and also capture a leadership position in the market.
Socially Responsible Business
Amit Raizada also realized the true value of a socially responsible business. This made him create and come up with Vision Global Foundation or VGF, which happens to be the philanthropic part of VVP or Vision Venture Partners. On an annual basis, VGF keeps aside 10% of its net earnings and 10% of the total time spent by the employees for charity. Vision Global Foundation has also partnered with The Orphaned Starfish Foundation, which is a non-profit organization, to help at-risk youths and orphans, both globally and locally, to fight and deal with various challenges that life may throw at them.
Amit Raizada has a knack of investing at the right places at the right time. This has made him highly successful as an investor in different business sectors and a businessman.