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Frederik 'Neckar' Profile picture
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29 Apr, 11 tweets, 4 min read
Shoutout to the Khosrowshahi family. Wealthy Iranian industrialists who had to flee during the revolution.

Dara Khosrowshahi, CEO of Uber: “We were all on the ground, terrified. That was when my mom said, ‘We’re leaving.’ I’ve never been back.”
Ali Khosrowshahi had founded the Minoo Industrial Company in 1959, a manufacturer of cookies, chocolates, cosmetics, and pharmaceuticals.

Other family branches included Tolypers, a chemical company, and a construction company, the Khosrowshahi Brothers Company (KBC).
“My father felt that he wanted to keep our wealth in [Iran], so my parents lost the vast majority of what they had.”
Today there is Dara Khosrowshahi of Allen & Co, IAC, Expedia, and Uber.
His Uncle Hassan Khosrowshahi who built Future Shop, a computer and electronics retail chain in Canada. Sold to Best Buy for C$580 million.
Hassan's children Golnar and Behzad who used the family office to incubate investment businesses in music rights (Reservoir Media) and healthcare royalties (DRI).
Then there's Dara's cousin Amir Khosrowshahi: co-founder of Nervana Systems, a software company sold to Intel for $350 million
Farzad "Fuzzy" K. built spreadsheets to model CDOs at JP Morgan. His web-based spreadsheet startup was acquired by Google and turned into Google Sheets.

Kaveh K. is a partner at Allen & Co. Lots more relatives in the tech world.
“The network of our family has grown stronger now with so many younger cousins,” says Hadi, who organizes the family’s reunions, 100-­person affairs with water balloon tosses and talent shows for attendees ranging in age from newborns to 90-year-olds.
“I saw my family losing everything, and you know what? We rebuilt a life.”
Further reading:
fortune.com/2017/11/17/ube…

boxnewsbox.com/the-most-succe…

fastcompany.com/90245381/how-d…

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Frederik 'Neckar' Profile picture
28 Apr
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(Money Magazine, 2000)
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27 Apr
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“There seems to be sort of a bullish force behind the prices internationally” Image
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Frederik 'Neckar' Profile picture
26 Apr
Some additional resources to @B3_MillerValue's recent profile

"I’m just trying to understand the present."

"supercharged his personal bet on AMZN during the financial crisis, loading up on call options as the stock plunged"
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archive.fortune.com/magazines/fort…
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Frederik 'Neckar' Profile picture
14 Apr
It seems we’ve come full circle. 21 years after Julian Robertson retired, one of his disciples is reshaping VC.

From inception in 1980 until the summer of 1998, Robertson’s Tiger had been one of the most successful hedge funds ever.

He was about to be tested like never before.
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Frederik 'Neckar' Profile picture
13 Apr
In 1987, six college friends made $30 million with their new trading firm.

Today they're billionaires, having proven themselves on the trading floor, in poker rooms, on race tracks, even in startups.

"In the choice of fame and fortune, they chose fortune."
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When he received warrants he explained the instrument to his son and they studied the financial pages together.
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Frederik 'Neckar' Profile picture
12 Apr
Fantastic conversation with @yliownyc who has thought deeply about game selection/strategy, training, process, and execution.

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