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James Webb Space Telescope imagery of the Carina Nebula, Southern Ring Nebula and exoplanet WASP-96 b atmospheric data has been converted into sound by SYSTEM Sounds musicians Matt Russo and Andrew Santaguida.<br/><br/>Credit: Space.com | IMAGE: NASA, ESA, CSA, STScI / ACCESSIBILITY PRODUCTION: NASA, ESA, CSA, STScI, Kimberly Arcand (CXC, SAO), Matt Russo (SYSTEM Sounds), Andrew Santaguida (SYSTEM Sounds), Quyen Hart (STScI), Claire Blome (STScI), Christine Malec / edited by Steve Spaleta
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Seattle Data Guy
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Softchief Learn
⏲ 25 minutes 56 seconds 👁 2.1K
The magnetized rocks of Earth's crust and mantle, also known as the upper lithosphere, accounts for generating 6 percent of the planets magnetic field. Data from the European Space Agency's Swarm satellites was used to create this high resolution map of the tiny magnetic signals. Red areas indicate positive magnetic field and blue area are negative. <br/><br/>Credit: ESA
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Sigma Coding
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Sigma Coding
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New data shows renters continue to struggle through competitive market conditions with Adelaide becoming the hardest city to find a rental in March. The State Government says its focused on improving housing supply, but people on the hunt for somewhere to live now say that can't come soon enough.
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Codearchery
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CppNuts
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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.
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Automate the Web
⏲ 4 minutes 31 seconds 👁 2.1K
iTech Warrior
⏲ 2 minutes 33 seconds 👁 2.7K
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