Visa’s Not Winning This Game Of Monopoly

[Startup Investing Network]( [TODAY'S DEAL: Honestly, you should get this book](mailto:editor@investmentnewsweb.com?subject=Give+me+my+top+stocks+for+2020&body=Give+me+my+top+stocks+for+2020) Todays Top News [Visa’s Not Winning This Game Of Monopoly] Visa’s Not Winning This Game Of Monopoly Not so fast Visa. The Department of Justice put a block on Visa’s acquisition of Plaid, the financial services provider after investigating it for quite some time. The acquisition would’ve been worth $5.3 billion, but the DOJ isn’t having it. It looks like if Visa were to acquire Plaid, they’d be getting rid of a direct competitor, a direct competitor who does (and would continue) to provide online debt services for businesses and their customers. As if Visa can’t handle a little friendly competition… If you aren’t familiar with Plaid, they let customers make purchases directly from their bank account that isn’t as expensive for businesses to provide as getting a Visa debit card. Visa’s clapback is that the DOJ simply doesn’t understand Plaid’s business model. Apparently Visa is a payment network and Plaid is just a payment infrastructure. Like, duh, DOJ. Oh, and also Visa wants the DOJ to know it is already in a highly competitive market. Let’s be real, Visa is a bigger threat to their competitors than the other way around. This would have been the second biggest acquisition in Visa’s history, the first being when Visa bought out Visa Europe just a couple of years ago. Investing [Flipping Burgers All the Way to a Fortune] Flipping Burgers All the Way to a Fortune When you’re on the way to the top, you’ll do anything necessary to work hard and make sure it pays off. Willie Mandrell is the owner of The Mandrell Co., his real estate investment company that takes care of 40 Boston-based units, and Wealth Builder Nation, a company that teaches people how to invest into multi-family real estate. Willie started learning about real estate investing from his grandmother, who worked odd jobs in the 1950s until she made her first purchase of a boarding house in Boston. Slowly but surely, she succeeded and purchased other properties in the area. Willie wanted to learn the tricks of the trade from his grandma, but she made him work for it! Grandma ain’t playin’. Willie would collect her property’s rents, vet apartments, sweep stairs… anything she needed to learn and the deep knowledge she worked hard to cultivate. Thanks to her, Mandrell has 40 units that make up a portfolio over $10 million. All are multi-family properties. Willie was all about the long-term wealth, so he bought his first property at 23 and has followed his grandmother’s buy and hold strategy ever since. Again, Willie worked odd jobs at McDonald’s and Outback Steakhouse until he could gather more cash for more investments. Take Willie’s advice and look for depressed situations that are maybe a little out of date or have some drafty windows. Sellers are usually motivated to buy, so you can get a discount, improve the property and quality of the neighborhood it’s in. Continue to cash out, invest in other properties that make sense, and build long term wealth that’s simple. Are you a real estate investor? Comment back and let us know! Don't Miss This [Digital Nomad Status] Digital Nomad Status Ready to dip out of Silicon Valley? Europe may be an option. Yes, it’s been hard to keep up with what countries you can enter and what you can’t (because of ‘rona), but most European countries are eager to have tech talent head their way. Don’t believe us? Just look at Europe in 2019, which was their best year for making new unicorns appear. Foreign founders or hiring foreign workers, doesn’t matter — Europe wants tech startups or talent. Last year (again, pre-coronavirus), the job recruitment platform Relocate.me had 18 European startups looking for foreign professionals. That’s not just the UK or France, either. Germany, Finland, the Netherlands, Italy, Spain, Estonia… they’re all on the hunt. It’s still a bit tricky to head on over to Germany or Portugal, but the UK has options for American startup founders or tech talent to move. It’s certainly not as difficult as immigrants coming to the US who have to go through the H-1B visa lottery process. The UK doesn’t have a limit to how many workers can come over. Want to move your startup? Get sponsored by a business endorsed by the government. That’s it! Not sure you want to make it permanent? Hit up the Digital Nomad Visa program in Georgia, which lets Americans live and work in the country for one year (after quarantining) and then make up your mind. Seriously, though. Are you thinking about packing up and moving out of the US? Comment below! [Vote Now] PS. 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