Based in both Miami and Los Angeles, Mr. Amit Raizada is a highly successful entrepreneur and investor with an economics degree from the Michigan State University. Additionally, he has a knack for identifying good investment opportunities. Driven by his passion for business, Amit Raizada founded his first company, Spectrum Business Ventures (SBV), in 2002. During his 15-year stint as the founder-CEO at SBV, Amit Raizada helped the company build a high-performing portfolio that consists of investments in different financial technology companies, including, among others, wireless telecommunications companies such as T-Mobile, Verizon, AT&T, Select Quote, Card Compliant and Store Financial Services. Additionally, SBV has also invested in ground-breaking esports organizations including Echo Fox and HD Films. On the property front, SBV and its affiliates own thousands of multi-family real estate projects across the US, as well as numerous investments in the hospitality and food and beverage industries. Raizada serves on the board of SBV maintaining an active presence in several of the portfolio companies.
Vision Venture Partners (VVP)
In 2016, Raizada along with Rick Fox, a three-time NBA champion, and Stratton Sclavos formed private equity firm called Vision Venture Partners (VVP). Leveraging its founders’ knowledge, networks and success in the business environment, VVP’s main objective is to invest in startups that have the greatest potential to grow exponentially. To achieve this objective, VVP finds and nurtures startups in different industries including, among others, digital content production, video gaming, esports, real estate and lifestyle brands, particularly in the food and beverage industry. In essence, VVP transfers skills and knowledge to its operating companies, helping them to grow and become successful.
Socially Responsible Business
Realizing the value of a socially responsible business, Amit Raizada helped to create and launch the Vision Global Foundation (VGF), which is the philanthropic arm of Vision Venture Partners (VVP). Every year, Vision Global Foundation commits 10% of the company’s net earnings and 10% of the employees’ time to charity. What’s more, VGF has partnered with The Orphaned Starfish Foundation (OSF), a non-profit organization that helps orphans, at-risk youths and orphans in different parts of the world to deal with the numerous challenges that they encounter.
Lifelong Philanthropist
It is worth noting that Mr. Amit Raizada is a lifelong philanthropist with a strong passion for giving back to the community. Some of the organizations that have benefited from Mr. Amit’s generous donations over the years include, among others, the University of Kansas Hospital, the Center for Advanced Heart Care, Autism Speaks, Monmouth University Athletics, and The Kaw Valley Behavioral Health Care Center.
Conclusion
Mr. Amit Raizada is a serial entrepreneur with a knack for investing in startups with the greatest potential for exponential growth. He is the founder of Spectrum Business Ventures and a partner at the Vision Venture Partners (VVP). In addition, he is a lifelong philanthropist.
