#angel investors toronto

[jcteamcapitals]

This advanced world and its leading economy have got so many opportunities for you to invest in other than stocks. Mutual funds are the best investment for higher returns for long-term goals. Through mutual funds, one can diversify their reach to bear the loss of any single stock.

#angel investors toronto #Investment companies investor for business #investors for startup #jani ventures #seed funding #seed money #Investment companies #investor for business canada #investors for startup toronto #investment for startups #startup investors canada #Investment companies canada #investor for business toronto #jc team capital

[sassyfrassboss]

Background on the owner of the private jet

Marc Ganzi is an American businessman. He is the President and CEO of DigitalBridge, and is the founder and former CEO of Digital Bridge Holdings and Global Tower Partners. He is also a polo player.

He received a Bachelor of Science in business administration from the Wharton School of the University of Pennsylvania. He interned in the White House for Stephen M. Studdert, special advisor to President George H. W. Bush in 1989. In 1990, Ganzi served as an assistant Commercial Attaché in Madrid for the U.S. Department of Commerce’s Foreign Commercial Service Department.

After graduation, Ganzi bought distressed real estate for Resolution Trust Corporation. He worked at Deutsche Bank, where he oversaw investments in the radio tower sector.

In 1993, he co-founded AD Development Corporation, a real estate development company in the Mid-Atlantic states, where he worked until 1994. He co-founded Apex Site Management, which was purchased by SpectraSite, and he served as group president for a year. In 1998, Ganzi founded Eureka Broadband, an application service provider and high-speed Internet access corporation. From 2000 to 2002, he was a partner in DB Capital Partners in New York City.

In 2003, he founded Global Tower Partners, a telecommunications company headquartered in Boca Raton, Florida. He served as its Chief Executive Officer and built the company into the largest privately held operator of U.S. cell towers. The company was purchased by Macquarie Group (ASX: MQG) in 2007, and, in 2013, American Tower Corporation (NYSE: AMT) acquired GTP for $4.8 billion.

In 2013, Ganzi and Ben Jenkins founded Digital Bridge Holdings, an investor and operator of mobile and internet connectivity companies. Digital Bridge Holdings was acquired by Colony Capital in 2019, where Ganzi took over as CEO-elect. On July 1, 2020, he became CEO and President of Colony Capital. In 2021, the company rebranded to become DigitalBridge, a digital infrastructure investment firm, and he remained in those respective positions.

DigitalBridge Group, Inc. is a global digital infrastructure investment firm. The company owns, invests in and operates businesses such as cell towers, data centers, fiber, small cells, and edge infrastructure. Headquartered in Boca Raton, DigitalBridge has key offices in Los Angeles, New York, London, and Singapore.

In 2010, DigitalBridge, then still Colony Capital, was reported to manage about $30 billion in investments. In 2011, DigitalBridge was tied for 3rd largest private equity real estate fund in the world, behind Blackstone Group and Morgan Stanley Real Estate

Colony purchased Raffles International on July 18, 2005. This included the 41 hotels and resorts operated under the Raffles Hotel and Swissotel brand names. On January 30, 2006, it acquired Fairmont Hotels and Resorts of Toronto, Ontario with Kingdom Hotels International as a joint partner for US$3.24 billion.[citation needed] On April 10, 2006, it acquired French professional football team Paris Saint-Germain.

On November 11, 2008, Michael Jackson transferred the title of his 2,700 acre estate Neverland Ranch to Sycamore Valley Ranch Company LLC, a joint venture between Jackson (represented by attorney, L. Londell McMillan) and an affiliate of Colony Capital. It is still unclear whether Colony Capital has a part in the property. Jackson earned a total of US$35 million when he agreed to the joint venture between himself and Colony Capital.

In March 2010, Colony arranged a financing and marketing package for Annie Leibovitz. The New York celebrity photographer had been in financial difficulty and in danger of losing to her previous lender, ArtCapital, the rights to her photographs and negatives and her three Greenwich Village townhouses. ArtCapital's credit was for $24 million. In December 2010, Colony purchased Miramax from Disney with Qatar Investment Authority, Tutor-Saliba Corporation and The Weinstein Company as part of a joint venture called Filmyard Holdings for $663 million.

In September 2017, Colony NorthStar agreed to sell its Townsend Group unit to Aon for $475 million.

In October 2017, Colony entered discussions to purchase The Weinstein Company, a movie and TV production studio that sustained damage after its co-founder, Harvey Weinstein, was accused of multiple counts of sexual harassment over three decades. In the wake of the Harvey Weinstein sexual assault scandal, in late October 2017, it was reported that Colony Capital LLC had proved hesitant to purchase Weinstein Co. after a week of exclusive negotiations. Fortress Investment Group was also in talks to provide a loan to Weinstein Co.

In June 2018, The New York Times reported that Colony North Star had raised more than $7 billion in investments since Donald Trump won the 2016 presidential election. 24 percent of the money came from the United Arab Emirates and Saudi Arabia.

In April 2022, DigitalBridge bought out Wafra’s stake in its investment management subsidiary for $800 million and switched from REIT to traditional C-Corp. DigitalBridge announced and initiated several acquisitions during 2022 including AMP Capital's global infrastructure equity investment management business for $328 million and Switch, Inc., a data center company, for $11 billion. The firm sold 27 percent of its stake in DataBank to Swiss Life and EDF Invest for $1.2 billion. DigitalBridge said it would own 15.5 percent of DataBank after the sale.

Thanks!

He looks a lot like that Mark Dyer guy that used to keep tabs on Harry.

Mark Ganzi

Mark Dyer and Harry:

[educationedges-blog]

Canada's Start-Up Visa: Paving the Way for Entrepreneurial Success

In the dynamic landscape of global entrepreneurship, Canada has emerged as a beacon of opportunity, particularly with its innovative Start-Up Visa program. This initiative, introduced in 2013, has quickly gained traction and garnered international acclaim for its role in attracting top-tier entrepreneurial talent from around the world. Let's delve into why Canada Start-Up Visa is indeed a game-changer in the realm of start-up ecosystems.

Fostering Innovation and Diversity

One of the key strengths of Canada's Start-Up Visa is its emphasis on fostering innovation and diversity. By targeting innovative entrepreneurs with viable business ideas, the program not only injects fresh energy into the Canadian economy but also promotes a culture of creativity and forward-thinking. Moreover, the program's inclusivity extends to applicants from diverse backgrounds, encouraging a melting pot of ideas, experiences, and perspectives.

Streamlined Application Process

Navigating the complexities of immigration and visa procedures can often be daunting for entrepreneurs seeking to establish their ventures in a new country. Canada's Start-Up Visa addresses this challenge by offering a streamlined application process. Approved designated organizations, such as venture capital funds, angel investor groups, and business incubators, play a crucial role in vetting and supporting applicants, thereby simplifying the pathway to obtaining permanent residency for entrepreneurs and their families.

Access to Global Markets and Networks

One of the most significant advantages of participating in Canada Start-Up Visa program is gaining access to global markets and networks. Canada's strategic geographical location, coupled with its strong trade relationships and robust infrastructure, provides entrepreneurs with unparalleled opportunities to scale their businesses internationally. Additionally, the thriving start-up ecosystems in cities like Toronto, Vancouver, and Montreal serve as hubs for networking, collaboration, and knowledge sharing.

Supportive Ecosystem for Start-Ups

Beyond the visa program itself, Canada offers a supportive ecosystem for start-ups to thrive. From government initiatives promoting innovation and research to a vibrant community of investors, mentors, and industry experts, entrepreneurs in Canada benefit from a conducive environment that nurtures growth and success. The presence of world-class universities, research institutions, and tech accelerators further enriches the entrepreneurial landscape, facilitating access to talent, resources, and expertise.

Economic Impact and Job Creation

Canada's Start-Up Visa is not just about attracting individual entrepreneurs; it's about driving economic growth and creating jobs. Successful start-ups contribute to job creation, innovation, and the development of new technologies and industries. By attracting top entrepreneurial talent, Canada positions itself as a global leader in innovation and entrepreneurship, bolstering its competitiveness on the world stage.

Conclusion: A Win-Win for Entrepreneurs and Canada

In conclusion, Canada Start-Up Visa stands out as a game-changer in the realm of entrepreneurship by offering a pathway for talented innovators to establish and grow their businesses in a welcoming and supportive environment. The program's focus on innovation, diversity, streamlined processes, and access to global markets makes it an attractive option for entrepreneurs seeking to turn their visions into reality. As Canada continues to embrace and celebrate entrepreneurship, the Start-Up Visa program remains a pivotal catalyst for driving economic prosperity and fostering a culture of innovation and excellence.

#canada start up visa

[changdickey81]

Augusta Abuse - How Not To Do It

How Simple Is It To Get Began with Augusta Precious Metals? So, you may relaxation straightforward that Augusta Precious Metals is as secure as it could actually get within the physical precious metals business. These are retirement accounts that assist you to invest in gold or silver, and so they come with a number of advantages, including tax-deferred growth and the power to hedge in opposition to inflation. Devlyn Steele has a rich background in analytics in quite a lot of industries. In line with Augusta, they are a hundred % clear with their charges and charges. Augusta Precious Metals is likely one of the few companies that has minimal annual storage fees and gives support throughout the duration of your account. The management of the corporate also makes it successful. Because the CFO, Mr. Smith performs an essential role with regards to educating traders on danger administration. As risk-managed belongings uncorrelated to inventory market performance, gold and silver buyers can develop their wealth without having to worry in regards to the volatility and market threat inherent in equities. If you're planning on constructing a portfolio with gold IRAs or increasing your present retirement portfolio to precious metals, this team will assist you with doing so. Listed below are more IRS-approved gold and silver coins offered by Augusta Precious Metals that you would be able to add to your funding portfolio.

Not like investments in paper money or stocks, you'll be able to truly hold onto precious metals and see them as bodily property, making them a reliable form of asset funding. This company is at all times transparent about its pricing, so you'll have the ability to see the transaction status, ask-to-bid differentials, and charges. However, it’s essential to bear in mind that they cost varied fees for his or her services and products. It additionally has a low minimal funding amount of 2,000 USD, which allows you to buy gold and silver bullion in a low quantity. They will assist you to roll over your IRA into a gold IRA.

In contrast to the primary option, GoldStar Trust firm focuses on its providers as a custodian, paying agent, and trustee for self-directed IRA. After you will have chosen a custodian, they work with this workforce to course of all paperwork and set up your gold IRA account. • Choose Metals: After getting a custodian, your agent guides you on how to choose the pre-selected metals. However, there’s a number of potential for investors who wish to wager on the worth fluctuations of gold and different precious metals. In this Augusta Precious Metals review, we will take an in depth look at what the corporate has to offer, together with analyzing its execs and cons, what actual customers are saying about their experience, and if they’re a company you could actually trust along with your cash. Through augusta precious metals review us , the information base of any of the opposite sources that that company offers, you will experience the knowledge of the client assist staff. If you’re ready to search out an advisor who can provide help to achieve your financial objectives, get started now. Begin-Up Charges: If you’re new to Augusta Precious Metals there is a one-time payment of $50 for them to course of your software. How a lot can I earn by investing in an Augusta Precious Metals gold IRA? You will only have to create an account, transfer money into it, and make your order.

They've a team of in-house precious metals experts who can reply any questions you will have. Isaac Nuriani is the power behind Augusta Precious Metals. Isaac Nuriani attended the College of California, Los Angeles, earning a level in economics. Smith is a graduate of the University of Toronto with honors in economics and finance. He graduated from the University of Toronto with a bachelor’s degree in Finance and Economics. The graduate of the University of California grew up in a household where his mother and father invested in precious metals. Augusta Precious Metals was founded in 2012 by the Nuriani family. So significantly in actual fact, that they cater to each and every customer like family and supply buyer assist that lasts for life. Maybe the customer-centric method is why the corporate enjoys high scores and never simply from customers however from third-party watchdogs like TrustLink, and IRA Gold Advisor. On Yelp, TrustLink, and Facebook, the business has an impeccable report. Excellent reviews. As discussed above, it’s simple for a disgruntled customer to go online and leave bad reviews with the BBB, BCA, TrustLink, Yelp, and so on. Augusta’s verified customer opinions are overwhelmingly constructive.

#augusta precious metals review

[educationedgesworld]

Entrepreneurs Take Note: Canada PR for Business Builders

In the ever-evolving landscape of global entrepreneurship, where opportunities transcend borders and innovation knows no bounds, Canada stands out as a beacon for business builders seeking new horizons. With its robust economy, multicultural society, and supportive ecosystem for startups, Canada has increasingly become a magnet for entrepreneurs from around the world.

For ambitious entrepreneurs with dreams of establishing themselves in a thriving environment conducive to growth, Canada offers not only a fertile ground for business but also a pathway to permanent residency (PR) through various immigration programs tailored to attract talent and investment. In this blog, we'll explore why Canada PR for business builders is an enticing prospect and how aspiring entrepreneurs can leverage these opportunities to realize their ambitions.

Canada: A Hub for Innovation and Entrepreneurship

Canada's reputation as a hub for innovation and entrepreneurship precedes itself. From bustling tech hubs like Toronto and Vancouver to emerging startup ecosystems in cities like Montreal and Calgary, the country offers a dynamic environment where creativity flourishes, and startups thrive.

Several factors contribute to Canada's appeal as a destination for entrepreneurs:

1. Stable Economy: Canada boasts a stable and resilient economy, with diverse industries ranging from technology and finance to natural resources and healthcare. This economic stability provides a solid foundation for business growth and investment.

2. Multicultural Society: Canada is renowned for its multiculturalism and inclusivity. Entrepreneurs from diverse backgrounds find a welcoming and supportive community that fosters collaboration and innovation.

3. Access to Talent: The country's world-class education system produces a highly skilled workforce, while liberal immigration policies attract top talent from around the globe. Access to a pool of skilled professionals is invaluable for startups looking to scale.

4. Government Support: Various government programs and incentives support entrepreneurship and innovation in Canada. From grants and tax credits to startup accelerators and incubators, entrepreneurs have access to resources that facilitate business development.

Canada PR for Entrepreneurs: Pathways to Permanent Residency

One of the most compelling reasons for entrepreneurs to consider Canada is the opportunity to obtain permanent residency, which brings with it a host of benefits, including access to healthcare, education, and social services. Canada offers several immigration programs tailored to entrepreneurs and investors:

1. Startup Visa Program: Launched in 2013, the Startup Visa Program is designed to attract innovative entrepreneurs to Canada. To qualify, entrepreneurs must have a qualifying business idea, secure investment from a designated Canadian venture capital fund, angel investor group, or business incubator, and meet other eligibility criteria.

2. Owner-Operator LMIA: The Owner-Operator Labour Market Impact Assessment (LMIA) pathway allows entrepreneurs to establish or acquire a business in Canada and apply for permanent residency as high-skilled workers. By demonstrating the ability to create employment opportunities for Canadians, entrepreneurs can obtain a positive LMIA, which is a key step toward PR.

3. Provincial Nominee Programs (PNPs): Many Canadian provinces offer entrepreneur streams under their PNPs, allowing individuals to immigrate to Canada and establish or invest in a business. Each province has its own set of criteria and requirements, offering flexibility for entrepreneurs to choose the jurisdiction that best suits their business goals.

Navigating the Path to Canada PR

While Canada offers attractive pathways to permanent residency for entrepreneurs, navigating the immigration process can be complex and daunting. Aspiring business builders need to seek guidance from immigration experts and legal professionals who can provide personalized advice and assistance throughout the application process.

Here are some key steps for entrepreneurs seeking Canada PR:

1. Research and Plan: Conduct thorough research on immigration programs and assess your eligibility. Develop a detailed business plan that outlines your venture's viability and potential contribution to the Canadian economy.

2. Secure Financing: Whether through venture capital, angel investors, or personal investment, secure the necessary funding to launch or expand your business in Canada. Demonstrating financial stability is crucial for immigration applications.

3. Prepare Documentation: Gather all required documents, including proof of business ownership or investment, financial statements, and supporting letters. Ensure that your application is comprehensive and well-documented to enhance its chances of success.

4. Submit Application: Submit your application for the relevant immigration program, following all instructions and guidelines provided by the authorities. Be prepared to undergo interviews, background checks, and other assessments as part of the process.

5. Stay Informed: Keep abreast of updates and changes to immigration policies and regulations. Immigration laws can evolve, and staying informed will help you navigate any challenges or opportunities that arise.

Embracing Opportunity in Canada

For entrepreneurs with vision and ambition, Canada offers a unique opportunity to build and grow successful businesses while enjoying the benefits of Canada PR in a vibrant and inclusive society. Whether you're a tech innovator, a social entrepreneur, or a seasoned business leader, Canada welcomes individuals who are ready to contribute to its economy and enrich its cultural fabric.

As you embark on your entrepreneurial journey in Canada, remember to leverage the resources and support networks available to you. Seek mentorship, forge partnerships, and immerse yourself in the thriving startup ecosystem that defines Canada's entrepreneurial landscape. With Canada PR status, you not only gain the freedom to pursue your business goals but also become an integral part of a diverse and dynamic nation that celebrates innovation and entrepreneurship.

In the mosaic of global entrepreneurship, Canada beckons as a promising destination where dreams take root, ideas flourish, and success knows no bounds. Entrepreneurs, take note: Canada awaits, with open arms and endless possibilities.

#canada pr #canada permanent residency

[espressocapital]

Capital Financing in Toronto - Espresso Capital

What are the methods of capital funding?

Capital funding refers to the process of raising funds for a business or organization to finance its operations, expansion, or specific projects. There are several methods of capital funding, each with its own advantages, disadvantages, and suitability for different situations. Here are some of the common methods:

Equity Financing: a. Venture Capital: Venture capitalists provide funding to startups and high-growth companies in exchange for an ownership stake. They typically take an active role in the company and provide guidance. b. Angel Investors: Angel investors are individuals who invest their own money in startups or early-stage companies. They may offer expertise and mentorship in addition to capital. c. Initial Public Offering (IPO): Companies can raise capital by going public and selling shares to the public on a stock exchange.

Debt Financing: a. Bank Loans: Businesses can borrow money from banks or financial institutions, which is repaid with interest over a specified period. b. Bonds: Companies can issue bonds to investors, who lend money in exchange for periodic interest payments and the return of the principal amount at maturity. c. Private Debt: Similar to bank loans, private debt involves borrowing from non-bank lenders, such as private equity firms or credit funds. d. Convertible Debt: This is a hybrid form of financing where debt can convert into equity under specified conditions, often used in startup funding.

Grants and Subsidies: a. Government Grants: Some businesses, particularly in research, innovation, or socially beneficial projects, may be eligible for grants and subsidies provided by government agencies. b. Non-Profit Grants: Non-profit organizations often rely on grants from foundations, charities, or government agencies to fund their operations.

Retained Earnings: Companies can reinvest their profits (retained earnings) back into the business to fund growth and expansion without taking on external debt or diluting ownership.

Crowdfunding: Crowdfunding platforms, such as Kickstarter and Indiegogo, allow businesses or individuals to raise funds from a large number of people who contribute smaller amounts of money.

Strategic Partnerships and Joint Ventures: Companies can form partnerships with other businesses to access capital, resources, and expertise for specific projects or objectives.

Asset Sales: Selling assets or divisions of a company can generate capital for other purposes, such as paying down debt or investing in core activities.

Mezzanine Financing: This is a hybrid form of financing that combines elements of debt and equity, often used in leveraged buyouts and expansion capital.

Trade Credit: Suppliers may extend favorable payment terms to a business, effectively providing short-term financing through delayed payment.

Peer-to-Peer Lending: Online platforms facilitate loans from individuals or groups of individuals to businesses, often at competitive interest rates.

The choice of capital funding method depends on the specific financial needs, business goals, risk tolerance, and the stage of the company. Businesses often use a combination of these methods to meet their capital requirements. It's essential to carefully consider the terms, costs, and implications of each funding option before making a decision.

#venture debt term sheet #venture debt warrant coverage #venture leasing firms #venture loan #capital debt funds #debt venture capital #venture debt vs venture capital

[eternainternational]

Investor's Paradise: A Look at the Investor Stream of Canada's Start-up Visa Program

Introduction: 

Canada's Start-up Visa program has been a beacon for innovative entrepreneurs looking to make their mark on the world. However, it's not just visionary founders who are finding their way to the Great White North; high-net-worth individuals with an eye for investment are also capitalizing on this golden opportunity. In this article, we'll take an in-depth look at the Investor Stream of Canada's Start-up Visa program and how it's becoming an investor's paradise.

Key Requirements and Eligibility

To be eligible for the Investor Stream, applicants must meet specific criteria:

Minimum Investment: Applicants must be willing to make a minimum investment of $200,000 CAD in a qualifying Canadian start-up business.

Ownership Share: They must also acquire at least 10% ownership in the selected start-up.

Commitment to Active Management: Investors must play an active role in the management of the business.

Supporting Role: The start-up must be endorsed by a designated Canadian business incubator, angel investor group, or venture capital fund.

Why the Investor Stream Stands Out

Unlocking Entrepreneurial Opportunities: The Investor Stream allows high-net-worth individuals to align their investments with Canada's burgeoning entrepreneurial scene. They can diversify their portfolios while supporting innovative ventures.

Hands-On or Hands-Off: Investors have the flexibility to choose how involved they want to be in the management of the start-up. Whether they want to take an active role in strategic decisions or prefer a more passive investment, the program caters to their preferences.

Access to a Thriving Ecosystem: Canada's start-up ecosystem is vibrant, with access to world-class talent, research institutions, and global markets. Investors benefit from the growth potential of these businesses.

Navigating the Application Process

Applying for the Investor Stream involves several steps:

Business Endorsement: Investors must secure an endorsement from a designated organization. This endorsement is a testament to the start-up's viability and potential.

Investment Commitment: The investor commits to investing the required amount in the qualifying business.

Admissibility: Like all immigration programs, applicants must meet Canadian admissibility criteria, including health and security checks.

Investor Success Stories

The Investor Stream has already witnessed several success stories, with investors playing a crucial role in driving innovation and job creation. Many have opted to be hands-on mentors, sharing their wealth of experience with start-up founders.

One such success story is the collaboration between a seasoned investor and a cutting-edge tech start-up in Toronto. The investor, drawn by the promise of disruptive technology, not only provided funding but also strategic guidance. The start-up has since become a leader in its field, creating high-paying jobs and contributing to the Canadian economy.

Challenges and Considerations

While the Investor Stream offers significant benefits, it's not without challenges. Investors must conduct thorough due diligence to select the right start-up. They should consider factors like the start-up's business plan, market potential, and alignment with their investment goals.

Additionally, navigating the Canadian immigration process can be complex, and investors may benefit from the expertise of immigration professionals like Eterna International to streamline the application process and ensure compliance.

Conclusion

Canada's Investor Stream within the Start-up Visa program is opening doors for high-net-worth individuals to be a part of the country's thriving entrepreneurial landscape. It's a win-win situation, where investors can diversify their portfolios while contributing to the growth of innovative Canadian businesses. As more investors recognize the potential in this unique immigration pathway, it's likely that Canada will continue to attract not only visionary founders but also those with the financial acumen to support and nurture their entrepreneurial dreams.

#canada startup visa #Canada startup visa program #canadavisa

[strategictech]

Unleashing An Open Source Torrent On CPUs And AI Engines

When you combine the forces of open source and the wide and deep semiconductor experience of legendary chip architect Jim Keller, something interesting is bound to happen. And that is precisely the plan with AI startup and now CPU maker Tenstorrent. 

Tenstorrent was founded in 2016 by Ljubisa Bajic, Milos Trajkovic, and Ivan Hamer and is headquartered in Toronto. Keller was an angel investor and an advisor to the company from the get-go and was brought in as chief technology officer in January 2021 after a stint at Intel’s server business, where he cleaned up some architectural and process messes as he did under a previous job at AMD. In January of this year, Keller was tapped to replace Bajic as chief executive officer, and the company is today announcing that it will bring in somewhere between $120 million and $150 million in its Series D funding, with Hyundai Motor Group and Samsung Catalyst Fund leading the round and with prior investors Fidelity Ventures, Eclipse Ventures, Epiq Capital, Maverick Capital, and others kicking in dough. To date, that will be the investment kitty to somewhere north of $384.5 million and will probably boost its valuation above $1.4 billion.

[infopulse]

Chexy raises $1.3 million for platform that lets tenants pay rent with credit cards

Chexy becomes latest FinTech firm to offer rewards for tenants. Toronto-based startup Chexy, which offers a rewards platform for renters, has launched its platform and raised $1.3 million CAD in pre-seed funding. Crossbeam Ventures led the financing with participation from Groundbreak Ventures, Ferst Capital Partners, and angel investors in the real estate and FinTech spaces. Founded by Lizaveta…

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[college-girl199328]

If you've ever thought about how bleak it really is. Tenore, @cntrtnr on TikTok, shared a video comparing house prices in Canada and the U.S., and it seems like Canucks are getting totally ripped off.

"To give you an idea of how stupid the Canadian real estate market is… or anyone around the world really understands how nuts real estate is in this country," he says in the clip.

He explains that something he used to do to point this out was to go online and compare what a buyer could get in Los Angeles versus Toronto for about the same amount of money.

"Now I can do that with properties here in Dartmouth, Nova Scotia," he says, which, at one time, may have been considered a much cheaper place to live than the GTA.

Tenore then a house in Porter Ranch, a neighborhood in Los Angeles, California, that's supposed to be "one of the greatest places to live" in the state.

The listing, which is for 18784 Clearbrook St., shows a four-bedroom, three-bathroom, 2,436-square-foot home listed for $1,250,000. "And here's Dartmouth, Nova Scotia," he says, showing a listing for a home at 16 Brookdale Cres. He notes that the home is a lakeside property with more square footage than the L.A. home.

"However, it's a two-bedroom, three-bath bungalow, and it's $1.8 million," he says. He notes that with the exchange rate, the Nova Scotia house works out to be about the same price as the home in Los Angeles, painting a grim picture of a real estate market where Canadians are paying to live on the East Coast for the same price it costs to live 30 minutes from Beverly Hills and Hollywood.

"So yeah, it's really bad; it makes no sense," he concludes. Commenters on the video were in agreement that house prices in Canada are, well, not great, to say the least.

"Watching Selling Sunset and realizing I could get a huge house in L.A. for $1.4 million or a townhouse in Toronto for the same was my wakeup call," said one commenter.

"I'm constantly explaining to my friends that we have like six cities with more than 1 million people, and they're all far apart, but we all pay city pricing," said another person.

"California is so expensive;' no, Canada. Canada is expensive," another commenter added. While the discrepancy may not put potential Canadian buyers in the best spirits, there may be some hope.

Real estate experts at Zoocasa have said that they are expecting a shift in the Canadian housing market, with an "upswing" in new listings in urban centers, more new listings as investors become sellers, and a more "balanced" market for buyers overall.

In short terms, they say that 2023 "should be an ideal time for buyers to come to the market." So, don't give up on your dream of home ownership just yet!

[jcteamcapitals]

Venture Capital (V.C.) is a subcategory of private equity (P.E.), in which venture capitalists invest in new enterprises-startups to help them grow their businesses. The participate in the decision-making process, and provide technical-managerial experience, network access, and other support to help them succeed.

#venture capital industry size #venture capitalist canada #top angel investors in canada #venture capital consulting #venture capital market size #canadian angel investors #venture capital firms canada #jc team capital #jc capital #top venture capital firms in canada #venture capital canada #startup financing #venture capital firm toronto

[educationedges-blog]

Navigating Resources: Canada Start-Up Visa Support

Embarking on the entrepreneurial journey is an exhilarating but challenging endeavor. For those aspiring to establish a business in Canada, the Start-Up Visa program offers an excellent opportunity. However, navigating the resources available to support this initiative can be overwhelming. In this blog, we will guide you through the essential resources and support systems that can aid entrepreneurs in successfully obtaining and thriving under the Canada Start-Up Visa.

Understanding the Canada Start-Up Visa Program:

The Canada Start-Up Visa program is designed to attract innovative entrepreneurs from around the world to establish their businesses in Canada. It provides a pathway to permanent residence for entrepreneurs with the skills and potential to build businesses that can compete globally.

Key Eligibility Criteria:

1. Qualifying Business: The business must be incorporated in Canada and must be actively managed by the applicant.

2. Letter of Support: Applicants must secure a letter of support from a designated organization, which includes venture capital groups, angel investor groups, and business incubators.

3. Language Proficiency: Applicants must demonstrate proficiency in English or French through recognized language tests.

4. Settlement Funds: Applicants must have sufficient settlement funds to support themselves and their dependents.

Navigating Designated Organizations:

Designated organizations play a crucial role in the success of a Start-Up Visa application. These organizations provide not only the essential letter of support but also mentorship, guidance, and access to valuable networks. Some notable designated organizations include:

1. National Angel Capital Organization (NACO): NACO connects entrepreneurs with angel investors, providing financial support and mentorship.

2. MaRS Discovery District: Located in Toronto, MaRS is one of the world's largest urban innovation hubs, offering support to start-ups through advisory services, funding, and networking opportunities.

3. BC Tech Association: Based in British Columbia, this organization focuses on supporting technology entrepreneurs through mentorship and community engagement.

4. Communitech: Operating in the Waterloo region, Communitech provides a vibrant ecosystem for tech start-ups, offering support in various aspects of business development.

Accessing Financial Support:

Securing funding is a crucial step for any start-up. In addition to the initial investment required for the business, entrepreneurs must also consider the costs associated with settling in Canada. Resources such as the Business Development Bank of Canada (BDC) and the Canada Small Business Financing Program offer financial support and guidance.

Integration and Networking Opportunities:

Building a successful business involves more than just financial support. Networking and integration into the Canadian business community are equally important. Attend events organized by local chambers of commerce, industry associations, and innovation hubs to connect with like-minded entrepreneurs, potential collaborators, and mentors.

Language Proficiency Support:

Language proficiency is a key requirement for the Start-Up Visa program. Take advantage of language programs and courses offered by institutions like the Canadian Language Benchmark (CLB) or the International English Language Testing System (IELTS) to enhance your language skills.

Conclusion:

The Canada Start-Up Visa program is a golden opportunity for aspiring entrepreneurs to turn their innovative ideas into reality. Navigating the resources available, including designated organizations, financial support, and networking opportunities, is crucial for a successful application and long-term business success. By leveraging these resources, entrepreneurs can not only meet the program requirements but also establish a strong foundation for their businesses in the Canadian landscape.

#canada start up visa

[changdickey81]

Home - RMHC Augusta

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#augusta prec

[frederator-studios]

Today is my last day at Frederator. 

It’s a good day. If there’s a cheesier sentiment than “today is the first day of the rest of your life” I’m not sure what it would be. But, I’m a cheesy guy, and it’s how I feel. 

Starting today, I’ve decided to leave Frederator and go back to my roots as an active, excited, indie cartoon producer who’s constantly searching –and finding!– unique talents with original voices. It’s what makes my days joyful and fulfilling. Yes, I know, that’s cheesy.

It’s an amazing, and unique, time for animation of all kinds. The Covid19 era has put a lot of live action on hold, and streaming has made more styles and genres of animation mainstreamed than ever in history. I’ve called “animation’s new golden age” at least twice before during my time, so I guess we’re entering a platinum age! I’m even more thrilled to be in animation now than I have ever been. 

I’m happy to have brought Frederator into the WOW! family where I know it will continue to grow and thrive. I’m thrilled that I’ll be continuing to collaborate with the Frederator/Wow team on Castlevania and Bee and PuppyCat: Lazy in Space and a few new ones; we share the same passion that goes into this great field of animation entertainment. There’s an “official” press release at the bottom of this post that lays everything out.

Something personal to note. Building a venture like Frederator has it’s ups and downs. My great colleagues have ridden through it with great cheer and smarts. But, the most important supporters through it all are my wife and two sons. I’ve pushed them to the limits a number of times, but when I look around, they’re always there, supportive, encouraging, and always with smiles.

And, what’s heartened me everyday are the hundreds –maybe thousands?– of collaborators I’ve been honored to work with at the various Frederator endeavors over the years. I think I expressed it best a couple of years ago with this introduction of our 2018 retrospective book “Frederator Loves You.”

.....

Let me rant for a minute. I think the last twenty years has proved that there’s no other company like Frederator. Really, we’re special. Arrogant? Sure.

Of course, being remarkable is all about you.

"Frederator loves you" has been more than just a slogan around here. It's been a battle cry that expresses exactly why I started the company.

"You." First and foremost it's our audiences, whether they're the kids that watched our stuff on Nickelodeon and Cartoon Network, or the still-kids who grew up and watch us on Cartoon Hangover, Get in the Robot or Netflix.

"You." All the folks that work in and around Frederator across the globe, making cartoons and videos and channels, figuring out the best way to show them off to people.

And "you." The world class creators –mostly first timers– we've been lucky enough to have in our corner.

I think it's fair to say that without "you" there wouldn't be an "us." From my perspective we're all one big bunch, loving the same things, everyone playing their own roles. I don't think anyone at Frederator would have it any other way.

Twenty years [sic] seems like both a long time and yet, just the beginning. I can't imagine it ending, it’s just too much fun making the world smile.

Frederator loves you all, Fred Seibert

.....

Press Release

WOW! UNLIMITED MEDIA ANNOUNCES CORPORATE LEADERSHIP REORGANIZATION

CEO Michael Hirsh To Take on Leadership of Frederator

Fred Seibert, Frederator Founder and CEO, Returns to Independent Production

TORONTO and VANCOUVER, British Columbia, Aug. 27, 2020 (GLOBE NEWSWIRE) -- WOW! Unlimited Media, Inc. (“WOW!” or the “Company”) (TSX-V: WOW / OTCQX: WOWMF), a leading animation-focused entertainment company that includes Frederator Networks Inc. (“Frederator”) and Mainframe Studios, today announces a corporate leadership reorganization. 

Fred Seibert has resigned from his position as a Director and the Chief Creative officer of WOW!, as well as CEO of Frederator, effective November 27, 2020. Seibert will continue to work with the Company on current and future projects as an independent producer.

Michael Hirsh, Chief Executive Officer of WOW! will take on the leadership of Frederator, serving as its CEO, and Neil Chakravarti, COO of WOW!, will become COO of Frederator. These changes will take effect immediately.

Fred Seibert, current CEO and Chief Creative Officer, has decided to leave WOW! and the studio he founded to return to independent production. To ensure a successful transition, Seibert will stay involved as an executive producer on current major Frederator projects Castlevania and Bee & PuppyCat and he also intends to partner with the company on other upcoming projects.

Seibert said, “I’m happy to have brought Frederator into the WOW! family where I know it will continue to grow and thrive. I am looking forward to returning to my roots as an independent cartoon producer who’s constantly searching – and finding! – unique talents with original voices. I’ll continue to collaborate with the Frederator/WOW! Team on projects going forward as we both share the same passion that goes into this great field of animation entertainment.”

“As we look to the future, we will continue to provide fans with beloved Frederator franchises, alongside new and exciting content from the over 3,000-strong Channel Frederator Network,” said Hirsh. “We wish Fred the best in his next, independent venture, and look forward to continuing to work with him on projects we know our fans will love as we drive dynamic growth in the business.” 

About WOW!  

WOW! is creating a leading animation-focused entertainment company by producing top-end content and building brands and audiences on engaging media platforms. The Company produces animation in its two established studios: Mainframe Studios in Vancouver and Frederator Studios in Los Angeles. The Company’s media offerings include Channel Frederator Network on YouTube, as well as WOW! branded programming on Crave, Canada’s premier streaming entertainment platform, owned by Bell Media. The common voting shares of the Company and variable voting shares of the Company are listed on the TSX Venture Exchange and the OTCQX Best Market.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Further information available at: Website: www.wowunlimited.co

About Frederator

Frederator, a WOW! company, is a pioneer in streaming video and is a leading independent producer of animation content. Over the past 20 years, Frederator Studios has produced 19 series and more than 250 short films for and with partners including Netflix, Amazon, Google, Nickelodeon, Nick Jr., Sony Pictures Animation, and Cartoon Network. Frederator Digital has built and manages one of the largest animation networks on YouTube.

Forward Looking Statements

This press release contains statements that constitute “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable securities laws. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “estimates”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.

The forward-looking statements herein are made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Forward-looking statements in this press release include statements about the leadership reorganization at Frederator, Fred Seibert’s future involvement in Frederator projects, future content at Frederator, growth at Frederator and future projects.

Although the Company believes the forward-looking statements in this press release are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, the risks described under the heading “Risks and Uncertainties” in the Company’s MD&A for the three and six month periods ended June 30, 2020. As a result, readers should not place undue reliance on the forward-looking statements contained in this press release.

Contact: For Media: Maryellen Mooney Goodman Media International, Inc. Tel: [phone] ext. 7255 Email: [email protected] For Investor Relations: Bill Mitoulas Tel: [phone] Email: [email protected]

For Fred Seibert:

Brittany Smith

Email: [email protected]

#Fred Seibert #WOW! #Frederator

[yepic]

Chipotle Mexican Grill, Inc. (/tʃɪˈpoʊtleɪ/, chih-POHT-lay),[7] often known simply as Chipotle, is an American chain of fast casual restaurants in the United States, United Kingdom,[8] Canada,[9][10] Germany,[11] and France,[12] specializing in tacos and Mission burritos.[13][14] Its name derives from chipotle, the Nahuatl name for a smoked and dried jalapeño chili pepper.[15] The company trades on the New York Stock Exchange under the ticker symbol CMG.[16]

Chipotle is one of the first chains of fast casual dining establishments.[17] Competitors in the fast-casual Mexican market include Qdoba Mexican Grill, Moe's Southwest Grill, Rubio's Coastal Grill, and Baja Fresh.[18] Founded by Steve Ells on July 13, 1993, Chipotle had 16 restaurants (all in Colorado) when McDonald's Corporation became a major investor in 1998. By the time McDonald's fully divested itself from Chipotle in 2006,[19] the chain had grown to over 500 locations. With more than 2,000 locations, Chipotle had a net income of US$475.6 million and a staff of more than 45,000 employees in 2015.[3]

In May 2018, Chipotle announced the relocation of their corporate headquarters to Newport Beach, California, in Southern California, ending their relationship with Denver after 25 years. Founder Steve Ells attended the Culinary Institute of America in Hyde Park, New York. Afterward, he became a line cook for Jeremiah Tower at Stars in San Francisco.[20] There, Ells observed the popularity of the taquerías and San Francisco burritos in the Mission District. In 1993, Ells took what he learned in San Francisco[21] and opened the first Chipotle Mexican Grill in Denver, Colorado, in a former Dolly Madison Ice Cream store at 1644 East Evans Avenue,[22] near the University of Denver campus, using an $85,000 loan from his father.[19] Ells and his father calculated that the store would need to sell 107 burritos per day to be profitable. After one month, the original restaurant was selling over 1,000 burritos a day.[16] The second store opened in 1995 using Chipotle's cash flow, and the third was opened using an SBA loan. To fund more growth, Ells' father invested $1.5 million. Afterwards, Ells created a board of directors and business plan, raising an additional $1.8 million for the company.[23] Ells had originally planned to use funds from the first Chipotle to open a fine-dining restaurant, but instead focused on Chipotle Mexican Grill when the restaurants saw success.[24][25]

In 1998, the first restaurant outside of Colorado opened in Kansas City, Missouri.[26] The company opened its first location in Minnesota by opening near the campus of the University of Minnesota in Minneapolis in March 1999.[27]

In 1998, McDonald's made an initial minority investment in the company. By 2001, the company had grown to be Chipotle's largest investor.[19] The investment from McDonald's allowed the firm to quickly expand, from 16 restaurants in 1998 to over 500 by 2005.[28] On January 26, 2006, Chipotle made its initial public offering (IPO) after increasing the share price twice due to high pre-IPO demand. In its first day as a public company, the stock rose exactly 100%, resulting in the best U.S.-based IPO in six years, and the second-best IPO for a restaurant after Boston Market. The money from the offering was then used to fund new store growth.[29]

In March 2005, Monty Moran was appointed president and chief operating officer of Chipotle while Ells remained chairman and CEO.[30]

In October 2006, McDonald's fully divested from Chipotle.[31] This was part of a larger initiative for McDonald's to divest all of its non-core business restaurants — Chipotle, Donatos Pizza, and Boston Market — so that it could focus on the main McDonald's chain.[32] McDonald's had invested approximately $360 million into Chipotle, and took out $1.5 billion.[23] McDonald's had attempted to get Chipotle to add drive-through windows and a breakfast menu, which Ells resisted.[33][34] In 2008, Chipotle opened its first location outside of the United States in Toronto.[10]

In January 2009, president and chief operating officer Monty Moran was promoted to co-CEO, a position that he would share with Ells, while Moran retained his president position.[35]

In a list of fastest-growing restaurant chains in 2009, Chipotle was ranked eighth, based on increases in U.S. sales over the past year,[36] and in 2010 Chipotle was ranked third.[37] Consumer Reports ranked Chipotle as the best Mexican fast-food chain in 2011.[38] The company serves approximately 750,000 customers per day.[39]

In December 2010, Chipotle hired chef Nate Appleman to develop new cuisine. Appleman has won Rising Star Chef from the James Beard Foundation, was named "Best New Chef" by the Food & Wine magazine, and competed on The Next Iron Chef.[40]

In 2010, U.S. Immigration and Customs Enforcement (ICE) audited Chipotle's Minneapolis restaurants, and found that some employees had been hired using fraudulent documents. In December, Chipotle fired 450 employees from its Minneapolis restaurants as a result of the audit, resulting in protests by local groups.[41][42] In February 2011, ICE expanded the audit to include 60 restaurants in Virginia and Washington, D.C.[43] which resulted in 40 workers being fired. In April 2011, the criminal division of the attorney general's office in Washington, D.C., joined the case, and ICE agents began interviewing employees at 20 to 25 restaurants in other locations, such as Los Angeles and Atlanta.[44] In response to the government investigations, Chipotle hired former director of ICE Julie Myers Wood and high-profile attorneys Robert Luskin and Gregory B. Craig.[45]

In December 2016, Chipotle announced that co-CEO Monty Moran has stepped down from his role effective immediately with Ells becoming the sole CEO.[46][47] Eleven months later, Ells announced in November 2017 that he would be stepping down as CEO.[48]

In December 2017, Chipotle announced it signed a 15-year lease and in late 2018 will move around 450 corporate employees – currently housed in multiple buildings around downtown Denver – into the new 1144 Fifteenth Tower and occupy around 126,000 square feet or 5 floors of the 40-story tower.[citation needed]

In February 2018, Chipotle announced that Taco Bell CEO Brian Niccol would replace Ells as CEO starting on March 5 while Ellis would retain his chairman position.[49] Many industry analysts praised Niccol's appointment saying that Chipotle "needed new blood."[50] Chipotle stock went up $30.27, or 12.04%, as a result of the announcement. However, other analysts criticized the announcement by saying that "the move goes against everything the burrito chain stands for."[51]

In May 2018, Chipotle announced that it would relocate headquarters from Denver to Newport Beach, California in Southern California. Corporate functions handled in their Denver and New York offices would move to Newport Beach or to an existing office in Columbus, Ohio. This move would impact 400 workers, some being offered relocation and retention packages.[52]

In June 2018, the company announced the closing of 65 under-performing restaurants.[53][54]

Other restaurant expansion[edit]

In 2011, Steve Ells was a judge for the TV show America's Next Great Restaurant and investor of ANGR Holdings, the company that will be running the winning concept's restaurants. Chipotle has agreed to purchase Ells' investment in ANGR at his cost, provide support for ANGR operations, and invest a total of $2.3 million in cash contributions.[55] The winning concept, Soul Daddy, was quickly closed after operating for less than 5 weeks.[56]

In September 2011, Chipotle opened an Asian fast-casual concept restaurant named ShopHouse Southeast Asian Kitchen in Washington, D.C.[57] The company has said the new restaurant "would follow the Chipotle service format and its focus on 'food with integrity' in ingredients."[58] Chipotle's plan was to start with only one store, and see how the restaurant works out before expanding the concept.[59]

On December 18, 2013, the company revealed that it had opened its first fast-food pizza chain in Denver back in May 2013. According to Associated Press, Chipotle partnered with a local full-service restaurant called Pizzeria Locale to create a fast-food version of the eatery, keeping its name. The company plans to open at least two more pizzerias in the Denver area.[60]

In April 2014, Chipotle announced an increase in menu prices for the first time in nearly three years, due to increasing costs for steak, avocados, and cheese. The price increase was expected to be rolled out from the end of second quarter of 2014 through the end of the third quarter.[61] In late 2015, Chipotle expanded its mobile strategy through delivery partnerships with tech startups like Tapingo, a delivery service that targets college campuses.[62]

On July 29, 2016, the company announced the opening of its first Tasty Made burger restaurant in the fall. Chipotle was still dealing with the various virus outbreaks with additional marketing. The company was also reducing the number of new stores for the year from 235 to 220.[63]

The newer restaurant concepts did not perform as well as expected so that ShopHouse Southeast Asian Kitchen and Tasty Made were respectively closed in March 2017[64] and February 2018[65] leaving only Pizzeria Locale operating besides the parent company.

International[edit]

According to an article in The Motley Fool, Chipotle had 17 locations outside of the United States by October 2014 with the majority in Canada, and the UK was in the process of opening more locations.[66] The rate of overseas expansion was slower than expected.[67] Many of the press reviewers thought that the food was overpriced for their area.[12][68]

As of 2018 there are 33 locations outside of the United States with 19 locations in Canada (Ottawa, Toronto, Markham, Vaughan, Mississauga, Oakville, Vancouver), 6 locations in The United Kingdom (London), 6 in France (Paris), and 2 in Germany (Frankfurt).[better source needed][3][69]

Canada[edit]

Chipotle Mexican Grill in Canada

In August 2008, Chipotle opened its first location outside of the United States in Toronto.[10] The second location in Toronto–and in all of Canada–was not opened until 2010.[67]

The first Canadian location outside of the Toronto area was opened in Vancouver in December 2012.[70] A second Vancouver-area location was opened in Burnaby in October 2014[71] followed by a third in Surrey in January 2016,[72] a fourth in Langley in October 2016,[73] and a fifth in West Vancouver in March 2018.[74]

The first location in the nation's capital of Ottawa was opened in February 2017 at the Rideau Centre.[75]

Chipotle rapidly expanded in the Greater Toronto area, and is still opening new locations.[citation needed] As of 2018, there are 11 locations in Toronto, 2 in Vaughan, 2 in Mississauga, 1 in Oakville, and 1 location in Markham.

United Kingdom[edit]

The second Chipotle Mexican Grill location in London, located on Baker Street

Chipotle expanded to Europe with the first European restaurant opening in May 2010 in London.[8][76][77] A second location opened in London in September 2011.[78] The following year, three additional locations were quickly opened in the London area.[79] After this growth spurt, the rate of further expansion in London slowed greatly with the sixth location appearing in 2013[80] and the seventh in June 2015.[81] Although Chipotle blames the slow growth in the United Kingdom on the British unfamiliarity with Mexican foods,[82] several locally owned burrito chains had opened locations across the United Kingdom during the same interval.[83]

France[edit]

The first location in France opened in Paris in May 2012.[12][84]

Expansion in France was much slower than that in the United Kingdom or Canada, with a second location in Paris opening in 2013[85] and a third location in 2014.[86] At 7,000 square feet, the restaurant at La Défense is, as of 2015, the largest Chipotle location in the world, while a typical Chipotle restaurant is usually between 2,200 and 2,500 square feet.[87] A fourth Parisian location was opened in Levallois-Perret in 2015[88] followed by a fifth[89] and a sixth[90] Parisian location in 2016, both in Saint-Germain-des-Prés.

Germany[edit]

The first location in Germany opened up in Frankfurt's Skyline Plaza shopping mall in August 2013.[11][68]

A second location opened in Frankfurt's MyZeil shopping mall in April 2019.[91]

Corporate management[edit]

Chipotle's team includes a residing corporate office of managers and its board of directors. Members of both teams are appointed to serve on committees: audit, compensation, and nominating and corporate governance.

The top management team consisted of the chief executive officer, Steve Ells; the chief financial officer, Jack R. Hartung; the chief marketing and development officer, Mark Crumpacker.[92] The current board of directors consists of: Ells, Patrick Flynn, Albert Baldocchi, Neil Flanzraich, Darlene Friedman, Stephen Gillet, Kimbal Musk and John Charlesworth.[93] On March 14, 2018, it was reported that Mark Crumpacker, who had previously been charged in a 2016 cocaine ring indictment, would be leaving the company.[94]

Ells serves as chairman of the company, and served as Chief executive officer until November 2017.[95][48] He has a 1.25% stake in the company.[96] The labor-market research firm Glassdoor reported that Ells earned $29 million in 2014, versus a median of $19,000 for Chipotle's workers, making the CEO-to-worker pay ratio 1522:1.[97]

On February 13, 2018, Chipotle announced that Taco Bell CEO Brian Niccol would replace Ells as CEO starting on March 5 while Ells would retain his chairman position.[49]

On March 6, 2020, Ells resigned as chairman and left the board of directors, breaking his final ties to the company. At the same time, Niccol was appointed chairman and the size of the board was reduced from 10 to 7 directors.[98][99]

Operation and distribution[edit]

All of Chipotle's restaurants are company-owned, rather than franchised.[100] As of December 2012, 1430 restaurants have since opened throughout the United States and Canada, with locations in 43 states, Ontario, British Columbia, and the District of Columbia.[101][102]

The field team are the employees who work closely with but not directly within specific restaurants. The field support system includes apprentice team leaders (step up from restaurateurs), team leaders or area managers, team directors and regional directors (not atypical for them to oversee more than fifty locations).[103] Because Chipotle does not franchise, all restaurants are corporately owned. Thus, whenever Chipotle is in the process of launching a new location, the field team hires a new general manager and trains them at a current location so that they will be ready for the new location when it opens for business. The corporate office takes care of finding and funding new locations as well.[104]

Menu[edit]

A Chipotle restaurant in Brandon, Florida, having the typical service-line layout with menu above

Chipotle's menu consists of five items: burritos, bowls, tacos, quesadillas, and salads. The price of each item is based on the choice of chicken, pork carnitas, barbacoa, steak, carne asada, tofu-based "sofritas",[105][106] or vegetarian (with guacamole, which would be at an extra charge otherwise). Additional optional toppings are offered free of charge, including: rice, beans, four types of salsa, sour cream, cheese, and lettuce.[107][108]

Chipotle regular sized chips and queso with a side of sour cream.

When asked in 2007 about expanding the menu, Steve Ells said, "[I]t's important to keep the menu focused, because if you just do a few things, you can ensure that you do them better than anybody else."[109] Chipotle also offers a children's menu.[110][111] Most restaurants sell beer and margaritas in addition to soft drinks and fruit drinks.[112]

The majority of food is prepared in each restaurant. Some exceptions are the beans and carnitas, which are prepared at a central kitchen in Chicago, Illinois.[113] None of the restaurants have freezers, microwave ovens, or can openers.[114]

Chicken Burrito Bowl

The chain experimented with breakfast foods at two airports in the Washington (D.C.) metropolitan area but decided against expanding the menu in that direction.[115][116][117] Starting in 2009, selected restaurants had offered a pozole soup,[118][119][120] which has since been discontinued.

In June 2015, Chipotle began test marketing a pork and chicken chorizo-type sausage as a new protein option at selected locations in the Kansas City area.[121][122][123] Some food writers have expressed their health related concerns over the protein's relatively high sodium content since a 4-ounce serving contains 293 calories and 803 milligrams of sodium[124] while the American Heart Association’s recommended daily amount is less than 1,500 milligrams of sodium.[125] In contrast, the protein options with next highest sodium contents are Barbacoa with 530 milligrams and sofritas with 555 milligrams.[124] An earlier version on the Mexican sausage was tested in Denver and New York City in 2011,[126] but that test was terminated when that version of the sausage was perceived as looking too greasy.[127] Chorizo was discontinued in September 2017[128] but was returned to the menu in the following year for a limited time.[129]

In July 2020, Chipotle began test marketing a cauliflower rice option at 55 locations in Colorado and Wisconsin.[130]

Chipotle accepts fax orders, and in 2005 the company added the ability to order online from their website. For both online and fax orders, customers proceed to the front of the line to pay for pre-ordered food.[131] In 2009, Chipotle released an app for the iPhone that allows users to find nearby Chipotle locations, place an order, and prepay with a credit card.[132] In 2013, Chipotle released an Android app that allows users to locate nearby Chipotle locations, place an order, prepay with a credit or gift card, and access favorites and recent orders.[133][134]

Nutrition[edit]

In 2003, a Center for Science in the Public Interest report stated that Chipotle's burritos contain over 1,000 calories, which is nearly equivalent to two meals' worth of food.[135][136] MSNBC Health.com placed the burritos on their list of the "20 Worst Foods in America" because of their high caloric content and high sodium.[137] When a burrito with carnitas, rice, vegetables, cheese, guacamole, and salsa was compared with a typical Big Mac, the burrito had more fat, cholesterol, carbohydrates, and sodium than the Big Mac, but it also had more protein and fiber.[138] The restaurant has also received praise – Health.com included the restaurant in its list of the "Healthiest Fast Food Restaurants".[139]

Chipotle's vegetarian options include rice, black beans, fajita vegetables (onions and bell peppers), salsa, guacamole and cheese.[140] All items other than the meats, cheese, sour cream, and honey vinaigrette dressing are vegan.[140] As of late 2013, Chipotle developed a new cooking strategy for the pinto beans, eliminating the bacon and making them vegetarian and vegan-friendly.[141] The cheese is processed with vegetable-based rennet in order to be suitable for vegetarians.[140] In April 2010, Chipotle began testing a vegan "Garden Blend" option, which is a plant-based meat alternative marinated in chipotle adobo, at six locations in the U.S.[142][143] The flour tortillas used for the burritos and soft tacos are the only items that contain gluten.[140]

Food sourcing[edit]

In 1999, while looking for ways to improve the taste of the carnitas,[20] founder Steve Ells was prompted by an article written by Edward Behr to visit Concentrated Animal Feeding Operations (CAFOs).[144] Ells found the CAFOs "horrific", and began sourcing from open-range pork suppliers. This caused an increase in both the price and the sales of the carnitas burritos.[76]

In 2001, Chipotle released a mission statement called Food With Integrity, which highlighted Chipotle's efforts to increase their use of naturally raised meat, organic produce, and dairy without added hormones.[7] Chipotle only uses the leg and thigh meat from its chickens; the breast meat is sold to Panera Bread.[145]

Customers at a Chipotle restaurant in Fredericksburg, Virginia

Ells has testified before the United States Congress in support of the Preservation of Antibiotics for Medical Treatment Act, which aims to reduce the amount of antibiotics given to farm animals.[76][146]

Since 2006, the Coalition of Immokalee Workers (CIW), a Floridian farmworker organization, has protested Chipotle's refusal to sign a Fair Food agreement, which would commit the restaurant chain to pay a penny-per-pound premium on its Florida tomatoes to boost tomato harvesters' wages, and to only buy Florida tomatoes from growers who comply with the Fair Food Code of Conduct.[147] In 2009, the creators of the documentary film Food, Inc. (along with 31 other leaders in the sustainable food movement) signed an open letter of support for the CIW's campaign, stating that, "If Chipotle is sincere in its wishes to reform its supply chain, the time has come to work with the Coalition of Immokalee Workers as a true partner in the protection of farmworkers rights."[148] In September 2009, Chipotle announced that it would sidestep partnership with the CIW and instead work directly with East Coast Growers and Packers to increase wages for its tomato pickers.[149] Ells framed the dispute as a fundamental issue of control, stating that, "the CIW wants us to sign a contract that would let them control Chipotle's decisions regarding food in the future."[150] In October 2012, Chipotle signed an agreement with the CIW and became the 11th company to join the organization's Fair Food Program.[151]

In January 2015, Chipotle pulled carnitas from its menu in a third of its restaurants; company officials cited animal welfare problems at one of the suppliers, found during a regular audit, as the reason.[152] Subsequently, a false rumor spread online claiming it was done to appease Muslims who consider pork to be unclean, leading to some protests on social media.[153] The company still uses antibiotic-free and hormone-free steak in its restaurants, despite being briefly forced to "serve beef that is not naturally raised" during the summer of 2013, posting an in-store notice each time that occurred.[154] Roberto Ferdman of The Washington Post opined that Chipotle's stated mission to sell "food with integrity" may be "untenable" if meat producers continue to breach Chipotle's ethical standards.[152]

Also in 2015, Chipotle stopped using genetically modified corn and soy beans in their foods, claiming to be the first nationwide restaurant to cook completely GMO free.[155] This was done in response to increasing consumer demand for GMO free products.

Food safety[edit]

External video "How Chipotle made hundreds of people barf". Vox report dated January 6, 2016, explaining Chipotle's "food safety crisis".

Since 2008, a former Kansas State University food safety professor has accused Chipotle of confusing the public by using such terms as "naturally raised meats", "organic ingredients", and "locally sourced" and trying to equate those terms with food safety.[156] In rebuttal, a Chipotle spokesperson told The Daily Beast that "all of our practices have always been very much within industry norms. It's important to note that restaurant practices are regulated by health codes, and restaurants are routinely inspected by health officials. Everything we have done in our supply chain and in our restaurants has been within industry norms."[156] Yet, FiveThirtyEight pointed out that the 2015 norovirus outbreak appears to be unusual[157] and others are criticizing their food sourcing or handling practices.[158][159] MarketWatch wrote that the result of all of these outbreaks will be to force Chipotle to obtain their produce from larger corporate farms that can afford the more extensive microbial food-safety testing programs and to process vegetables at centralized locations instead of at the individual stores, both of which are industry-standard practices that the company had previously criticized.[160] The New York Times implied that the company's insistence on maintaining its long standing rhetoric about "food integrity" seemed to be quite opposite with the realities of recent current events and made it appear that the management was just ignoring their current problems.[161] It also has been pointed out that Chipotle's current record-keeping system is actually hindering the health authorities' investigation in locating the sources of the various infections.[161]

A writer for the magazine Popular Science pointed out that Chipotle had publicly acknowledged that they "may be at a higher risk for food-borne illness outbreaks than some competitors due to our use of fresh produce and meats rather than frozen, and our reliance on employees cooking with traditional methods rather than automation."[162][163][164] Henry I. Miller, a medical researcher and columnist and the founding director of the FDA's Office of Biotechnology, asked: "One wonders whether Chipotle’s "traditional methods" include employees' neglecting to wash their hands before preparing food, which is how norovirus is usually spread. And the fresh versus frozen dichotomy is nothing more than a snow-job. Freezing E. coli-contaminated food does not kill the pathogens; it preserves them."[165] Describing food poisoning outbreaks as "something of a Chipotle trademark; the recent ones are the fourth and fifth this year [2015], one of which was not disclosed to the public", Miller notes that "a particularly worrisome aspect of the company's serial deficiencies is that there have been at least three unrelated pathogens in the outbreaks – Salmonella and E. coli bacteria and norovirus. In other words, there has been more than a single glitch; suppliers and employees have found a variety of ways to contaminate what Chipotle cavalierly sells (at premium prices) to its customers."[165]

A writer for the North Carolina newspaper The News & Observer called Chipotle's "food with integrity" a "lucrative farce" and a "marketing ploy" by pointing out that organic food is "often grown with manure (an 'all-natural' fertilizer), which can certainly increase the risks of accidentally spreading fecal bacteria like E. coli."[166]

In December 2015, Seattle health officials closed a Seattle-area Chipotle for a day after it had repeatedly had small numbers of violations during recent consecutive inspections that previously would not have generated a closure order.[167] On December 10, 2015, CEO Steve Ells released a press statement apologizing for 2015 outbreaks and promised changes to minimize the risks of future outbreaks.[168]

March 2008 hepatitis outbreak[edit]

In March and April 2008, the Community Epidemiology Branch of the San Diego County Health and Human Services Agency traced a hepatitis A outbreak in San Diego County to a single Chipotle restaurant located in La Mesa, California in which 22 customers were infected with the virus.[169][170]

April 2008 norovirus outbreak[edit]

In 2008, Chipotle was implicated in a norovirus outbreak in Kent, Ohio, where over 400 people became ill after eating at a Chipotle restaurant.[171] Officials at the Ohio Department of Health said that the outbreak was caused by Norovirus Genotype G2.[172] Many of the victims were students at Kent State University.[173] The initial source of the outbreak was never found.

February 2009 Campylobacter jejuni outbreak[edit]

In 2009, an investigation by the Minnesota Department of Health traced an outbreak of campylobacteriosis to a Chipotle Mexican Grill in Apple Valley, Minnesota.[174][175][176] The investigation found that chicken was sometimes served undercooked by the restaurant and determined that lettuce which had been cross-contaminated with raw or undercooked chicken was the vector for the outbreak.[177][178][third-party source needed]

July 2015 E. coli outbreak[edit]

In early November 2015, The Oregonian reported that there was a little-known E. coli outbreak that had occurred earlier in July in which five people were infected with the O157:H7 strain of E. coli. The outbreak was traced to a single Chipotle location in Seattle and that the incident was not publicized at that time.[179][180] Seattle public health officials defended their actions at that time by saying that the outbreak was over by the time they made an association with Chipotle. Health officials were unable to trace the source of the July outbreak and said that the cause of the July outbreak is unrelated to the October/November outbreak.[179]

August 2015 norovirus outbreak[edit]

Another norovirus outbreak was confirmed to have occurred in August 2015 at a Simi Valley, California location in which 80 customers and 18 employees reported becoming ill.[181][182] Ventura County health inspectors found various health violations during two inspections following the outbreak report.[183] Despite those violations, the county health officials did not close the restaurant and allowed it to continue to operate.[181] In a January 2016 article, The New York Times reported that the number of victims involved in the Simi Valley norovirus outbreak was actually 207, twice the number that was reported earlier.[184]

In an unusual move, the U.S. Attorney's Office for the Central District of California in conjunction with the Food and Drug Administration has gotten a federal grand jury to issue a subpoena in January 2016 as part of a criminal investigation seeking documents and information from Chipotle concerning the Simi Valley norovirus outbreak.[184][185] As of January 2016, it is too early to tell which organization is the actual target of the investigation. In most cases involving norovirus outbreaks that involved a single location, state and/or local authorities are the usual jurisdiction responsible in the investigation and prosecution of those type of cases. However, Ventura County officials had been criticized for their handling of parts of their investigation, and for allowing the restaurant to continue to operate after finding health violations during consecutive inspections.

Less than two weeks later, a federal class action lawsuit was filed in the U.S. District Court for the Central District of California claiming that Chipotle knowingly allowed an ill kitchen manager to work for two days before sending that person home. Then, the restaurant actively deep-cleaned the restaurant to remove all traces of contamination prior to notifying the Ventura County Environmental Health Division of the existing outbreak, hindering their investigation. The lawsuit also claimed that the number of known victims was as high as 234 and estimates that the number of meals that the infected employee may have come in contact with could be as high 3,000.[186][187][188]

August 2015 Salmonella outbreak[edit]

At almost the same time as the Simi Valley norovirus outbreak, Minnesota health officials confirmed a Salmonella outbreak that affected 17 Minneapolis-area Chipotle restaurants in mid-August 2015. The source of the outbreak was traced back to contaminated tomatoes that were grown in Mexico.[189][190] The Minnesota Department of Health reported that samples from 45 victims were tested and found that their illness was caused by the Salmonella Newport bacterium as determined by DNA profiling.[191] Later, the state officials reported that the total of persons who became infected was increased to 64 and the number Chipotle locations in which they had acquired the bacterium was increased to 22, all located within the state of Minnesota.[192]

October 2015 E. coli outbreak[edit]

In October 2015, at least 22 people were reported to have gotten sick after eating at several different Chipotle locations in the states of Washington and Oregon. At that time, an epidemiologist for the Washington State Department of Health said the culprit appeared to be a Shiga toxin-producing Escherichia coli bacterium, but they were still waiting the outcome of several laboratory tests before they could give a definitive result.[193][194][195] As a precaution, Chipotle had closed 43 stores in Washington and Oregon pending the results and recommendations of the involved health authorities. On November 5, the U.S. Centers for Disease Control and Prevention (CDC) had reported that the number of persons reported ill had risen to 40 known cases and that the bacteria samples taken from 7 infected persons in Washington and 3 persons in Oregon states were confirmed to be infected by the same strain of E. coli, the Shiga toxin-producing STEC O26 strain, as determined by DNA profiling.[196] At least 12 persons required hospitalization, but no fatalities. As of November 2015, Health authorities were still trying to trace the exact source of the bacterial contamination, but suspected fresh produce.[197]

On November 12, the CDC increased the number of known cases to 50, the number of persons requiring hospitalization to 14, and the number of DNA fingerprint confirmations to 33.[198] Through a match via Pulsenet, the DNA fingerprint also matched a recent case in Minnesota, but the ill person did not eat at Chipotle. The source of the bacteria infection still had not yet been determined at the time of the report released by the CDC and the CDC is trying to use the more definitive, but more time-consuming whole genome sequencing procedure to see if they are able to determine the relationships between all of the STEC O26 cases. In the meantime, Chipotle reopened the closed restaurants on November 11 after disposing all of the food within the closed facilities and deep cleaning those facilities.[199]

On November 20, the CDC reported that the number of STEC O26 cases, as determined by DNA fingerprinting, had increased to 45 with 16 persons requiring hospitalization and the total number states being affected had increased to six.[200] Besides Oregon and Washington, new cases were reported in the states of Minnesota, California, New York, and Ohio.[201] 43 out of 45 of the affected individuals had reported that they had eaten at a Chipotle in the week before they had become sick.

On December 4, the CDC reported that the number of STEC O26 cases, as determined by DNA fingerprinting, had increased to 52 with 20 persons requiring hospitalization and the total number states being affected had increased to nine.[202] New cases were reported in the states of California (1), Illinois (1), Maryland (1), Ohio (2), Pennsylvania (1), and Washington (1).[203]

The price of shares for Chipotle stock dropped a further 12% immediately after the CDC had issued their update on November 20.[204] Share prices had been dropping since the initial announcement of the E. coli outbreak in late October with investors unsure if the drop in share prices just a temporary aberration and that Chipotle management is handling the incident as well as they could. Chipotle has since hired a consultant to improve their food safety program and have their program reviewed by both the CDC and FDA.[205]

On February 1, 2016, the CDC official closed their investigations on the larger E. coli that started in Pacific Northwest in October 2015 and also the smaller outbreak that started in Kansas and Oklahoma in November since no new cases were reported since December 1.[206] In their final report, the CDC stated that 55 persons in 11 states were infected with the same strain of STEC O26 during the major outbreak with 21 of those persons requiring hospitalization. The five persons infected in the later outbreak were made ill by a genetically different strain of STEC O26. The CDC also reported that federal and local health and food safety authorities were unable to detect traces of the microorganisms in any of the food samples taken from the suspected restaurants or from their supply chain. The CDC, FDA, and the USDA Food Safety and Inspection Service were unable to determine a point source that was in common in the meals that were consumed by all the victims since some of the restaurants were located far apart and had obtained some of their ingredients from different suppliers while other consumers of the suspected suppliers were not affected.

November 2015 E. coli cases[edit]

The Centers for Disease Control and Prevention reported on December 21 that five more people became ill after eating at two Chipotle restaurants located in Kansas and Oklahoma in late November. Preliminary DNA fingerprinting results appear to indicated that the newer cases were caused by a different strain of Shiga toxin-producing E. coli O26. Scientists are waiting for the results of the more definitive whole genome sequencing analyses to determine if the organisms responsible for this outbreak are genetically related to the E. coli that are responsible for causing the outbreak that had started in Oregon and Washington in late October and thus an extension of that outbreak. The agency has not yet determined which food is responsible for the outbreak.[207] The Food and Drug Administration reported that they are trying to determine how the bacteria in these cases, along with the earlier Oregon, Washington, and other multi-state cases, might have been propagated through the food supply chain.[208]

December 2015 norovirus outbreak[edit]

The closed restaurant on December 16, 2015

In December 2015, eighty students at Boston College, including members of the men's basketball team, were sickened after eating at a single Chipotle restaurant. Affected students had been tested for both E. coli and norovirus in order to determine the cause of the illnesses.[209][210] Although it would take as long as two days before the results of more definitive tests became known, public health investigators reported that preliminary tests pointed to the presence of norovirus.[211] The health inspectors for the City of Boston had since closed this particular location on December 7 for a number of health violations that included maintaining meats at a too low of a temperature on the serving line and for allowing a sick employee to work at the time of the inspection.[212]

On December 10, officials from the Boston Public Health Commission reported that tests had identified a single strain of norovirus that is responsible for this particular outbreak.[213] Boston Globe reported on December 10 that 141 persons were reported to have gotten ill and that some of the newer victims had not visited Chipotle before contracting the virus[214] and most likely became infected by being in close proximity to someone who had gotten ill at Chipotle, such as a roommate or dorm-mate.[213] Boston authorities traced the cause of the outbreak to a sick employee who was allowed to work on the day of the outbreak. Chipotle has since fired the employee and also the manager who knowingly allowed the ill worker to complete his shift instead of following health codes.[215]

Consequences of the multiple incidents in 2015[edit]

On February 8, 2016, Chipotle closed all of its eateries nationwide for a few hours during the morning for an all-staff meeting on food safety.[216] The company hired a new head of food safety, who instituted changes including having all employees wash hands every half hour, having two employees verify that produce like onions, jalapeños and avocados have been immersed in hot water for five seconds to kill germs on their exteriors, and using Pascalization to pre-treat food ingredients.[217]

Since the series of food-poisoning outbreaks in 2015 lowered trust in the product, Chipotle has tried to lure back its customers with free food and heavier advertising. Same-store sales increased 17.8% percent in the first quarter of 2017.[218]

July 2017 norovirus outbreak[edit]

Despite corrective actions, the company faced another setback in implementing their safe food policies in July 2017. A norovirus outbreak is being investigated in Virginia. More than 130 people reported having norovirus-like symptoms and two individuals had tested positive for the virus after eating at a Chipotle restaurant in Sterling, Virginia. The Loudoun County Health Department confirmed the illnesses from July 13–16, 2017. Shares of Chipotle's stock stumbled more than 10% on this news[219][220] and also the news that customers had posted videos of mice skittering through a Chipotle restaurant in Dallas just a few days before the norovirus incident was reported.[221][222] On July 25, several news agencies reported that Chipotle officials confirmed that the "recent norovirus outbreak in Virginia was the result of lax sick policy enforcement by store managers" and that the company believed that an employee was the cause of the outbreak.[223][222]

July 2018 Clostridium perfringens outbreak[edit]

In late July 2018, Ohio public health officials launched an investigation after receiving 368 complaints from customers after they had eaten at a Powell, Ohio, location.[224] By mid-August, the U.S. Ce

[holidcy]

i am actually embarrassed to say how long this intro too me to write out ? so im not gonna say it ! it’s not like it took be 3 hours or anything 👀 . and for what ? idk because this intro is a mess . but anyways ... i’m mia , i’m a whole twenty years old which really just feels like a glorified teenager but whatever , we’re not here to talk about that right now . we’re here to talk about my lil baby holly . guys she is literally the sweetest human ever ? but also ? to sensitive for her own good and really the good of those around her ? very happy feet energy coming form this girl . but without further ado , below you can read up on holly & if you wanna plot give this a like . also my discord is 𝖒𝖌𝖐'𝖘 𝖜𝖍𝖔𝖗𝖊#9789 if you wanna plot there or just generally chat !

𝐆𝐄𝐓 𝐈𝐍 𝐃𝐄𝐏𝐓𝐇

full name: holiday elena addams nickname: holly ( she’s basically turned this into her name , not one really calls her holiday ) , holls , elle ( by her parents ) birthday: june 3rd birthplace: chicago , illinois hometown: highland park , illinois ( although the family home was located in highland park her parents would in chicago and holly even attended private school in chicago ) residence: new york city , new york nationality: american ( est. 1999 through birth )  ethnicity: english ( maternal & paternal , 50% ) , polish ( maternal , 25% ) , spanish ( paternal , 25% ) religion: catholicism  orientation: heterflexible ( she claims being straight but in all actually she’s not closed off to anything despite not having much experience outside the opposite gender ) languages spoken: english ( fluent , first language ) , spanish ( fluent , second language ) , polish ( conversation , third language ) , mandarin  ( conversational , fourth language ) . father: leandro oliver addams  ( 49 years old )  was born & raised in chicago , illinois by a politician / businessman & a philanthropist . leandro went on to take a little bit from both of his parents as he is a highly esteemed business tycoon as well as being regarded as one of the most charitable men in the world .  ( relationship:  there has never been a day that has gone by where the two didn’t get along . if there is anyone in this world who gets holly it is her father . truly , daddy’s little girl . the two of them are as thick as thieves . ) mother : susanna renee addams ( nee daniels ) ( 48 years old ) was born & raised in long island , new york . the daughter of a hedge fund investor & a stay at home mother . susanna grew to be an amazing cosmetologist and which the help of her father’s amazing business mind she was able to start up a salon in new york city . she gained the most devoted clientele , loving every second of her work . she took a break for almost a decade before deciding to return to the beauty industry . today she has salons across the globe in chicago , los angeles , toronto , london , and new york city .  ( relationship: susanna often had to play bad cop when it came to parenting and because of this the two butted heads quite often whilst holly was growing up . despite this , her mom is her role model and the two have always had a friendship that underlined their mother - daughter relationship .  ) social class: upper education: attending new york university ( s. 2018 ) she spent her first year of university at usc , she’s majored in creative writing at both universities  career: author ( her book is a coming of age mystery called privilege that she’s recently admitted to writing the full book during a coke binge ) , internet personality , philanthropist , socialite , and student  notoriety: being apart of the prominent addams family , amassing over 32m followers on all social media platforms , publishing a new york times best selling book at the age of seventeen . weight: 120lbs height: 5′5″ hair color: brown ( with blonde highlights ) eye color: brown positive traits: benevolent, high spirited , extroverted , romantic , honest , affectionate , intelligent , friendly , ambitious , passionate , approachable , charming  negative traits: immature , vain , garrulous , critical , sensitive , stubborn , inattentive , naive , sarcastic , obsessive , insecure , impractical , irritable likes: anything strawberry flavored , flowers , driving fast , pink , watching the first snow fall , birthday parties , lips gloss , netflix , sunkissed skin , dogs , peanut butter , agatha christie , redecorating , driving with the windows down , long plane rides , denim jackets , taco bell , orange juice , makeup , sports , female empowerment , online shopping , fresh berries , roller skating , photography , writing , tea dislikes: liars , driving in the snow , coffee , having no siblings , deep water , bad drivers , body shaming , pizza , hateful people , being rushed , cuss words , repetition , disloyalty , being alone ,  horror movies , dentists , silence , cheap perfume , criticism , the unknown , traffic , wine , poptarts ,  small spaces ,  hobbies: reading with a hot cup of tea , video editing in the back of a car , smoking before bed to help fall asleep , going out to eat with her parents , napping , hiding alcohol in her bedroom , painting alternate universe cartoons , attending big soirees , stashing drugs in jewelry boxes , sleepovers with her closest friends , talking the dogs on walks , early morning instagram lives , old disney marathons , scribbling in a notebook while snuggled up in bed  chara inspo: olivia baker ( all american ) , leila faisal ( all american ) , tan france ( queer eye ) , elena gilbert ( the vampire diaries ) , dorothy gale ( wizard of oz ) , lucy pevensie ( chronicles of narnia ) , lara jean ( to all the boys i loved before ) , elle woods ( legally blonde ) , jeffree star , jenny humphrey ( gossip girl ) , cassie howard ( euphoria ) fashion inspo: vsco girls , bella hadid , megan markle , rihanna , selena gomez , perrie edwards , emma watson aesthetics: ghostly sounding music playing as background music to a pen to paper , eyes widened at the chance to do something positive , the annoying beg for approval , infectious energy , a pout so crippling , the swell of regret as you sneak a bottle into your bedroom , tanned skin tousling with silk sheets , big eyes threatening to shed a tear , the zip of a pink mclaren 

𝐓𝐇𝐄 𝐇𝐎𝐋𝐈𝐃𝐀𝐘 𝐄𝐑𝐀

holly is the only child to leandro and susanna addams ( the addams family 👀 ) . she was born with not just a silver spoon but the silver spoon . the addams are a prominent american family , that are regarded as one of the leading industrialist during the gilded age . in short her families been billionaire rich for a long time and are known as one of the families to bring wealth to the city of chicago . she was incredibly spoiled growin gup as you would assume but by the grace of her parents teachings she was anything but a brat . she had being filthy rich and being an only child working against her and she still managed to be the most giving and down to earth child . from a young age holly would give her toys to other kids during play dates & ask her parents if she could donate the things she didn’t use anymore to the less fortunate . 

although her father had a busying career as he took over the family company just a year before holly was born , but in spite of that he always made time for his family . luckily her mother had stepped away from her career soon after meeting holly’s father , so she was able to be a stay at home mom and be there for every important moment of holly’s life . by the way , susanna was straight of of a real housewives show only just an overall better person ? they had dinner together as a family every night , threw parties at the house for every big moment in holly’s life . everything from birthdays , graduations , academic honors , to becoming captain of the cheerleading team and everything in between warranted a celebration in the eyes of susanna and leandro . 

she grew up extremely sheltered , mostly because her parents wanted to keep their little girl well their little girl . they didn’t want the world to taint her . she went to church every sunday and even wednesday nights , if she wanted to have a sleepover it was always at the addams household , and her parents met the parent/s of every kid she befriended growing up . 

despite their attempts her parents couldn’t shield her from one thing . getting her heart broken and at sixteen she experience her first bout of heart break . the boy she’d falling head over heels for just stopped talking to her one day , with no rhythm or reason he moved on to another girl with a blink of an eye . she couldn’t understand why ( pst ? it was because she slept with him and that was all he wanted to begin with ) someone could be so cruel an play with someones heart like that . it was her first experience of how the world could really work and in all honesty , holly couldn’t handle it . she got her hands on her parents bar room in the house and would literally drink every night before bed so she could sleep . 

this soon turned into her going to parties , promising her parents "i just want to hang out with my friend , i wont touch any alcohol” and her promise was always kept , she didn’t touch alcohol at these parties instead she smoke weed and on the chance one of her friends had it on them she’d do a line . 

this double life , if you would , didn’t lead to any real issues , at least not while she was in highschool . she still graduated top of her class  and even got accepted into her dream school university of southern california .  it wasn’t until she was a semester deep in usc that she realized she was losing control over her life . maybe it was a mix of her derailing mental state , being separated from her parents , and the los angeles social make up . whatever it was holly wasn’t too far gone to see she needed help . 

instead of going back to school the following semester holly checked herself into rehab . her parents freaked out , unaware their daughter had touched a substance a day in her life . it was a long process and took alot of owning up for her own wrong doings but after a couple months she checked out of rehab and flew out to her parents .

she had decided upon leaving rehab that her best bet directly after getting out would be to surround herself with people who loved her . during her short stint in california her parents had made the temporary move to new york city so that her mom could focus on the salon in the city , so holly transferred to new york university to continue her studies and be around her parents .

she lives under their roof , despite being more than self efficient thanks to her multiple branches of income including her trust fund but she figures there is only so much more time before they leave to go back to chicago that the more time she spends with them the better off she’ll be when they leave the city . speaking of , she doesn’t know her parents will be leaving the city in the next few months . on a positive note they plan on paying the rent in the apartment they live in for her until she finds somewhere she likes better .   

today , holly is a sober ( she smokes weed here and there but it’s not a addictive so it fine 🙄 ) and happy . although due to how sensitive the girl is anything could make her snap , she’s incredibly fragile guys . like capable of having a mental break at any moment but like we ignore it because if we bring it up it’ll happen . wooo . 

not so fun fact ? when she has an off day she’ll literally sit in her room holding either a bottle she had hidden in her walk in closet or stares at the coke she keeps in her jewelry box . she hasn’t used any of it but she tells herself its there as a reminder when really it’s a crutch for if she ever needs it again , she has easy access .

secret time ? she pushed her ex boyfriend of a balcony while she was drunk . this happened before she went to rehab ... perhaps you could say it was what prompted her to realized her crazy ass needed to go to rehab . ummm , it’s not acceptable and she knows this but one thing we all need to know about holly is that holly + substances + being upset = toxic shit that is always the equation and there is never another answer to it . 

𝐖𝐀𝐍𝐓𝐄𝐃 𝐂𝐎𝐍𝐍𝐄𝐂𝐓𝐈𝐎𝐍

a girl squad or just a squad in general really , give my baby her lil group of people please

maybe a fellow chicago native ? who she dated in highscool and you know is the one who dropped her like a hot potato after she slept with him

ex hook ups 

frenemies but more like a blair & lil j circa season 1 situation ? 

someone who just doesn’t like her , but like she does everything she can think of to get them to like her 

an unrequited ting were he’s leading her one so he can sleep with her ?

or maybe someone has a crush on holly but she just doens’t have the heart to tell them she’s not interested so now here she is kissing and OMG YUP NOW SHES SLEEPING W THEM ...

someone she races ? she loves cars especially fast ones

a we hang out and watch/obsess over sports but the whole time i can’t help but think about how hot you are kinda vibe ?

someone who is v bad for her and they know it but she doesn’t care because she like them so much & he likes her too but knows he’ll hurt her ?!

someone who sees that she might be teetering on falling off the wagon ( maybe they were over her place and saw the stash of substances all over her room ), maybe they’re trying to get her to stop smoking weed bc they feel like for her that’s a huge gateway  

smoking buddies where they literally just hot box cars together and munch on taco bell talking about why sound vibrates & shit

someone who she used to party with & be wild with ( could be from chi or nyc because she visited alot as a kid ) and now they feel like she’s a lame bc she’s sober

she’s a good influence on them ? they’re a bad influence on her ? ride or dies ? partners in crime ? only friends when there is a substance involved ? sugar baby vibes ? unlikely friends ? flings ? crush ? friends with benefits ? everytime they are around one another its a fight ? someone she lets crash at her parents place sometimes ? someone she’s backstabbed but like she got tricked into doing it ? anything fluffy , anything angsty ... reall just anything you got , i’ll take ! 

#wealthyhq:intro #❛ 🍒 ── 𝐅𝐈𝐋𝐄𝐃 𝐔𝐍𝐃𝐄𝐑. / intro. #did i proof read this ? the lucky conch shell say ... #NO