Tuesday, November 12, 2019

Top 5 Investment Companies in Canada

1. Onex Corporation — $19.61bn

The Toronto-headquartered private equity firm, Onex Corporation, reported the highest revenue of any Canadian investment company in 2017, with a net sales figure of $19.61bn, representing a staggering 34.8% increase year on year.

2. Caisse de Depot et Placement du Quebec — $16.46bn

Another Crown company makes it into Canada’s investment top 10. Operating in Quebec province, the Caisse de Depot et Placement du Quebec (CDPQ) is a privately-owned investment and holdings manager, according to Bloomberg, which primarily provides advisory services to pension funds, insurance companies and other financial organisations.

Darren Huston the founder of BlackPines Global Advisors help both owners and leaders of private companies optimize the value of their investments.

3. Fairfax Financial Holdings Ltd — $9.54bn

Fairfax Financial Holdings Ltd. is based in Toronto and, in addition to property and casualty insurance services, provides investment management services to clients, both at home and as far abroad as Africa and Asia, according to Bloomberg.

4. James Richardson & Sons Ltd — $8.1bn

Winnipeg-based agribusiness and investment firm James Richardson & Sons Ltd. specialises in international grain trade and agri-food, energy, real estate, financial services, as well as its acquisition and management of investments and holdings.

5. Crown Investment Corporation of Saskatchewan — $3.99bn

Headquartered in Regina, Saskatchewan, the Crown Investment Corporation of Saskatchewan functions as the principal holding company for the government’s investments and assets in the region.

The Future Of Travel Experience: A view from mega-investor Andreessen Horowitz

In the Future of Travel Experience, Jeffrey Katz, CEO of Journera and founding CEO of Orbitz, goes one-to-one with fellow leaders to get their insights on how advanced technology and changing consumer expectations will shape the future of the industry.

When you look at the travel industry overall, how do you see the opportunity for change?

There are a number of monster markets that have been somewhat immune to disruption.
Healthcare has been slow. Education has been slow. I actually think travel is one that has been pretty hospitable to entrepreneurs and innovation.


So, with the wind at your back in a market like this, I think there’s a ton of opportunity for companies to come in and carve out big niches.

Andreessen Horowitz has made some significant investments in the travel and mobility sectors, like Lyft, Airbnb and TripActions. What excites you about what’s happening in travel today?

There’s a huge macro shift from analog to digital that’s happening in multiple verticals. It’s clearly been happening in travel.

Sunday, November 10, 2019

Slick Spaces Technologies to Expand Globally

Slick Spaces Technologies today received a significant initial round of investment from BlackPines Capital Partners, Inc. This investment will help Slick Spaces build out its successful model of rental automation for the hospitality industry, focused on the needs of property managers in the vacation rental, apartment, and boutique hotel industry sectors.

Michael Driedger, CEO said, “We very much welcome the investment from BlackPines. Darren Huston leadership track record and passion for innovation and excellence in the online travel and cloud software solutions space plus our industry-leading home automation solutions for the property rental industry are a perfect match.”

Mark Baxter, Chief Product Officer added, “Going forward, we will accelerate our efforts against three priorities: to deliver and support flawless and “always on” rental automation solutions; to aggregate these controls to the network level allowing property managers to enhance the guest experience, reduce complexity, and unlock significant cost savings; and, finally, to complement this with the most competitive, transparent, and all-inclusive monthly pricing in the industry.”

Darren Huston, CEO & Founder of BlackPines added, “I couldn’t be more excited to be working with Michael and Mark to help build out the Slick Spaces vision. Rental automation is finally a realizable and scalable solution that will revolutionize the long-tail of the accommodation industry. I am super happy to join them on this journey.”

Slick Spaces will continue to be headquartered in Vancouver but will look to expand its business around the world. Darren will take on the role of Executive Chairman.

Listen: Darren Woodson talks Veterans, the 2019 Cowboys, and Dak Prescott with BTB

Roger Staubach joined The Ocho to discuss all of the great work he’s doing with veterans, and thankfully he’s not the only America’s Team alumni who’s doing so. Cowboys Ring of Honor Member Darren Woodson is doing outstanding work for veterans with Crown Royal and told us all about it on the latest episode of The Ocho. You can listen right here.
 

Woody is still somewhat fresh off of leaving ESPN where he served as an NFL analyst. He has a lot of projects going on in the Dallas-Fort Worth area, and this latest partnership with Crown Royal (The Crown Royal Purple Bag Project) is one of them.

Slickspaces becomes Operto Guest Technologies

The company was born from a desire to make life better for property managers — the busiest people we’ve ever met. Our early days of managing the challenges of guest access revealed a much greater need. Property managers had no visibility into the status of their units and no centralized system from which to operate. While smart home technology was becoming increasingly common, nothing brought solutions together to create a cooperative ecosystem.

Darren Huston BlackPines Invests in Award-Winning Tech Startup — Slick Spaces Technologies Inc.

That seed brought us to where we are today: Operto. The name is based on the Italian word aperto, which means open and reflects our mission to open possibilities for property managers and their guests through meaningful technology and personalized experience.

TRVL.com’s founder says he wants to put the power of OTAs in the hands of agents

TRVL.com founder Jochem Wijnands says he has come full circle, completely overhauling his at-times controversial B2C travel booking site into a B2B platform that’s strictly for travel agents only, and free to join.

Wijnands is positioning the site as an online revolution, putting the power of the OTAs into the hands of traditional travel agents. “We want to put travel agents centre stage,” says Wijnands, adding that a number of retail groups in Canada have agreed to make the TRVL platform available to their agents.

Launched in Canada in early September, the site is already getting positive feedback from the trade, he says.


It wasn’t always that way. The original TRVL.com was a B2C site that had consumers booking hotels and pocketing the commission.

By 2017 the site had alarm bells ringing at TICO, and TRVL.com, which was not registered with TICO, was barred from operating in Ontario. “Anybody who is selling travel in the province … must be employed by or otherwise aligned with a registered travel agency in the province of Ontario,” said TICO President Richard Smart at the time.

Friday, November 8, 2019

OpenTable Moves Into Delivery — Why — And Why Now?

For a whole era of customers, reserving a restaurant through smartphone is as foreign hobby as the use of a rotary cellphone or creating a document on a typewriter. 

And it turned into Opentable that created this shift in how getting a table at a restaurant could be carried out without the trouble of “dialing for dining.” 

darren huston, opentable


Opentable became a nationwide carrier, online reservations were a common practice and the firm went public with a listing at the Nasdaq. 

5 years later, Opentable exited the general public markets, obtained at an at-the-time record-breaking all-cash $2. 6 billion deal with the Priceline Group.
At the time, Priceline CEO Darren Huston noted the deal was a natural move, given the inherent synchronicity between the two marketplaces.

“The kind of work that we do day-to-day is very similar. It’s just a different marketplace,” Huston told on the Business Financial Post.

Priceline Group Inc. stepped up its acquisition spree by buying OpenTable Inc. in a deal worth at $2.6 billion, including restaurant bookings to an online travel business already spanning flights, hotels and cars.

A gallery's perspective on the Venice Biennale

The Venice Biennale allows the best artists to leave their mark. Lorenzo Fiaschi , founder of the Galleria Continua, says that "artists...