#John
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Rockefeller was born in Richford, New York, in 1839, moved with his family to Cleveland in 1853, and began his first business in 1859 as a commission merchant dealing in produce and other goods. To move from good to great, leaders often have to abandon habits, processes, or ambitions that still appear successful on the surface. Rockefeller, Random Reminiscences of Men and Events This quote is more securely grounded, and it deepens the first one beautifully.
Apollo's John Zito had a blunt assessment of how private equity firms are valuing their software holdings as shares of comparable public tech companies have plunged: They're not, he said. Retail investors have pulled about $10 billion from private credit funds in the first quarter, according to analysis by the Financial Times. Zito also said that private credit lenders, and by extension the investors backing the loans, could see deep losses in the coming years.
