How Amit Raizada Is Making A Mark In The ESports And Entertainment Sector
Wednesday, November 21, 2018 3:57 PM
LOS ANGELES, CA / ACCESSWIRE / November 21, 2018 / Amit Raizada is a prominent entrepreneur and investor who founded Spectrum Business Ventures. It comes as no surprise that Amit has acquired and sold a wide variety of assets worth billions of dollars. The entrepreneur's investment philosophy has allowed him to make more money by investing in profitable companies like AT&T and Stone Financial Services.
The Rick Fox Amit Raizada partnership led to the establishment of Echo Fox, a company with business interests in the e-sports industry. This has since become one of the flagship projects that Raizada has helped build into a successful venture.
Raizada's investment in Echo Fox attracted considerable press coverage since the company is a trailblazer in the e-sports sector. The project is backed by Vision Venture Partners (VVP), which has interests in businesses with high growth potential. VVP is run by a team of professionals with impeccable track records, including Rick Fox (actor and retired basketball player), Jace Hall (famous game designer), Stratton Sclavos (former CEO of VeriSign) and Amit Raizada.
The four men managed to transform the fortunes of Echo Fox, which is now a prominent e-sports firm. Founded in 2015, the venture fields talented teams in popular games like Call of Duty and League of Legends.
Vision Venture Partners established Vision eSports, a firm that runs Echo Fox and two other e-sports ventures: Vision Entertainment and Twin Galaxies. The subsidiary received a vote of confidence when the New York Yankees announced an equity investment into the company.
Impressive track record
As a partner at VVP, Raizada handles various tasks, including risk mitigation, due diligence and transaction structuring. In addition, he provides expert advice on growth opportunities for the business and helps formulate strategic development policies.
Amit graduated from the Michigan State University where he majored in economics. One of the businesses he founded, Spectrum Business Ventures boasts an impressive portfolio of more than 60 firms. The companies are involved in various sectors, including food and beverage, hospitality, finance, energy, technology, e-sports, retail and energy. Amit was instrumental in building a solid portfolio for SBV.
In 2006, he oversaw the launch of SBV's real estate division that now owns thousands of properties across the United States. Together with his distinguished business associates, Raizada has closed hundreds of crucial deals that have helped boost the fortunes of VVP. The team has demonstrated the ability to turn ordinary ventures into highly successful businesses that attract major investors.
On the domestic front, Amit is in a serious relationship with Lisa Duffy who is heavily involved in the couples' wedding planning business. The strong partnership has allowed the duo to push the boundaries in different ventures. It is no wonder that many young couples turn to them for advice on various aspects, including organizing a successful wedding ceremony.
SOURCE: RMC Media