Connect with us

Featured

 God On Wall Street: Ali Baba – Go Big Or Go Home

Published

on

By Curtis O. Robinson, Sr.

We all remember the classic tale “One Thousand And One Nights,” the exciting and absorbing spin-off of another classic, “The Arabian Nights.”

These are considered among the best of Islamic folklore as these stories continue to appear in our local movie theaters year after year.

There is the story of an old peasant worker by the name of Ali Baba who happens to stumble upon the reserve of treasure under the control of a band of Forty Thieves.

Ali Baba is a poor woodcutter who discovers the secret of the thieves’ den and entered in with the phrase “Open Sesame.” The thieves learn this, and try to kill Ali Baba. But his faithful slave-girl foils their plots. He gives his son to her in marriage and keeps the secret of the treasure.

In the world of venture capital, there are certain requirements that allow investors to predict how big an early investment could potentially be. This is called valuation.

And what valuation is designed to do is to give you, the investor, an opportunity to see how big a potential rate of return could be.

So look at it like this: let’s say that you are an event planner, and your non-profit organization is having a fish fry. You buy the amount of fish that you want to sell based on the amount of tickets already purchased.

This gives you an idea of how much money you could potentially make because of the actual indications of interest. And that is your valuation. Based on your inventory and the tickets already purchased, you now have an idea of how big or small your profit might be.

Ali Baba might be a fairy tale to some, but with a $221 billion pre-market valuation, the Chinese answer to Amazon.com is the world’s largest Internet marketplace.

How big is Alibaba.com? As a publicly traded company, Amazon has a market valuation of $152 billion dollars. Baidu.com, a Chinese search engine that is dominant in China, has a market valuation of $66 billion, and Alibaba.com hasn’t traded one share publicly.

A potential IPO could happen in August of this year.

There is a theory in processing the valuation and potential success of a new company: number one is “Go Big Or Go Home.” How big is your God? Jehovah told Joshua that he is so big that everywhere that your foot touches the ground; it belongs to you.

Now that’s big.

292871_10150364466978767_808020936_nCurtis O. Robinson, Sr. is senior pastor of the Faith Baptist Church in Oakland and senior managing partner of Imani Nathan Capital Management, LLC. Questions or comments can be forwarded to crobinson@imanathan.com.

 

 

 

Activism

Remembering George Floyd

BLACKPRESSUSA NEWSWIRE — Minnesota State Attorney General Keith Ellison acknowledges that the Floyd case five years ago involved a situation in which due process was denied, and five years later, the president is currently dismissing “due process. “The Minnesota Atty General also says, “Trump is trying to attack constitutional rule, attacking congressional authority and judicial decision-making.” George Floyd was an African American man killed by police who knocked on his neck and on his back, preventing him from breathing.

Published

on

Mural showing the portrait of George Floyd in Mauerpark in Berlin. To the left of the portrait the lettering "I can't Breathe" was added, on the right side the three hashtags #GeorgeFloyd, #Icantbreathe and #Sayhisname. The mural was completed by Eme Street Art (facebook name) / Eme Free Thinker (signature) on 29 May 2020. (Wikimedia Commons)
Mural showing the portrait of George Floyd in Mauerpark in Berlin. To the left of the portrait the lettering "I can't Breathe" was added, on the right side the three hashtags #GeorgeFloyd, #Icantbreathe and #Sayhisname. The mural was completed by Eme Street Art (facebook name) / Eme Free Thinker (signature) on 29 May 2020. (Wikimedia Commons)

By April Ryan
BlackPressUSA Newswire

“The president’s been very clear he has no intentions of pardoning Derek Chauvin, and it’s not a request that we’re looking at,” confirms a senior staffer at the Trump White House. That White House response results from public hope, including from a close Trump ally, Georgia Congresswoman Marjorie Taylor Greene. The timing of Greene’s hopes coincides with the Justice Department’s recent decision to end oversight of local police accused of abuse. It also falls on the fifth anniversary of the police-involved death of George Floyd on May 25th. The death sparked national and worldwide outrage and became a transitional moment politically and culturally, although the outcry for laws on police accountability failed.

The death forced then-Democratic presidential candidate Joe Biden to focus on deadly police force and accountability. His efforts while president to pass the George Floyd Justice in policing act failed. The death of George Floyd also put a spotlight on the Black community, forcing then-candidate Biden to choose a Black woman running mate. Kamala Harris ultimately became vice president of the United States alongside Joe Biden. Minnesota State Attorney General Keith Ellison prosecuted the cases against the officers involved in the death of Floyd. He remembers,” Trump was in office when George Floyd was killed, and I would blame Trump for creating a negative environment for police-community relations. Remember, it was him who said when the looting starts, the shooting starts, it was him who got rid of all the consent decrees that were in place by the Obama administration.”

In 2025, Police-involved civilian deaths are up by “about 100 to about 11 hundred,” according to Ellison. Ellison acknowledges that the Floyd case five years ago involved a situation in which due process was denied, and five years later, the president is currently dismissing “due process. “The Minnesota Atty General also says, “Trump is trying to attack constitutional rule, attacking congressional authority and judicial decision-making.” George Floyd was an African-American man killed by police who knocked on his neck and on his back, preventing him from breathing. During those minutes on the ground, Floyd cried out for his late mother several times. Police subdued Floyd for an alleged counterfeit $20 bill.

Continue Reading

Activism

Oakland Post: Week of May 28 – June 30, 2025

The printed Weekly Edition of the Oakland Post: Week of May 28 – June 3, 2025

Published

on

To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.

Continue Reading

#NNPA BlackPress

Black Feminist Movement Mobilizes in Response to National Threats

BLACKPRESSUSA NEWSWIRE — More than 500 Black feminists will convene in New Orleans from June 5 through 7 for what organizers are calling the largest Black feminist gathering in the United States.

Published

on

By Stacy M. Brown
Black Press USA Senior National Correspondent

More than 500 Black feminists will convene in New Orleans from June 5 through 7 for what organizers are calling the largest Black feminist gathering in the United States. The event, led by the organization Black Feminist Future, is headlined by activist and scholar Angela Y. Davis. Paris Hatcher, executive director of Black Feminist Future, joined Black Press USA’s Let It Be Known to outline the mission and urgency behind the gathering, titled “Get Free.” “This is not just a conference to dress up and have a good time,” Hatcher said. “We’re building power to address the conditions that are putting our lives at risk—whether that’s policing, reproductive injustice, or economic inequality.” Hatcher pointed to issues such as rising evictions among Black families, the rollback of bodily autonomy laws, and the high cost of living as key drivers of the event’s agenda. “Our communities are facing premature death,” she said.

Workshops and plenaries will focus on direct action, policy advocacy, and practical organizing skills. Attendees will participate in training sessions that include how to resist evictions, organize around immigration enforcement, and disrupt systemic policies contributing to poverty and incarceration. “This is about fighting back,” Hatcher said. “We’re not conceding anything.” Hatcher addressed the persistent misconceptions about Black feminism, including the idea that it is a movement against men or families. “Black feminism is not a rejection of men,” she said. “It’s a rejection of patriarchy. Black men must be part of this struggle because patriarchy harms them too.” She also responded to claims that organizing around Black women’s issues weakens broader coalitions. “We don’t live single-issue lives,” Hatcher said. “Our blueprint is one that lifts all Black people.”

The conference will not be streamed virtually, but recaps and updates will be posted daily on Black Feminist Future’s YouTube channel and Instagram account. The event includes performances by Tank and the Bangas and honors longtime activists including Billy Avery, Erica Huggins, and Alexis Pauline Gumbs. When asked how Black feminism helps families, Hatcher said the real threat to family stability is systemic oppression. “If we want to talk about strong Black families, we have to talk about mass incarceration, the income gap, and the systems that tear our families apart,” Hatcher said. “Black feminism gives us the tools to build and sustain healthy families—not just survive but thrive.”

Continue Reading

Subscribe to receive news and updates from the Oakland Post

* indicates required

CHECK OUT THE LATEST ISSUE OF THE OAKLAND POST

ADVERTISEMENT

WORK FROM HOME

Home-based business with potential monthly income of $10K+ per month. A proven training system and website provided to maximize business effectiveness. Perfect job to earn side and primary income. Contact Lynne for more details: Lynne4npusa@gmail.com 800-334-0540

Facebook

Trending

Copyright ©2021 Post News Group, Inc. All Rights Reserved.