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'''Omar S. Amanat''' is a [[businessman]] and [[entrepreneur]] who founded |
'''Omar S. Amanat''' is a [[businessman]] and [[entrepreneur]] who founded Tradescape, a day-trading brokerage and technology firm<ref>http://www.smartmoney.com/investing/stocks/Tradescape-Becomes-a-Contender-7502/</ref> that only once reported to have processed 7% of [[NASDAQ]]'s daily trading volume, and was on one occassion listed in the "Top 100 Companies in the United States" by the [[Red Herring]] magazine with annual revenues of over $250 million.<ref> http://www.redherring.com/Home/6220</ref> [[E*Trade]] acquired Tradescape in a deal entered into for $276.2 million in total consideration including $96.2 million in initial consideration plus $180 million in contingent consideration but which resulted in litigation with both sides claiming the other engaged in fraud and breach of contract.<ref>{{cite web|url=http://www.shareholder.com/common/edgar/1015780/1012870-02-3391/02-00.pdf|format=PDF|title=E*Trade Shareholder Filing: S.E.C 10-Q Quarterly Report|date=June 30, 2002|publisher=shareholder.com}}</ref> |
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He began his entrepreneurial career at Datek Online, a pioneer in online brokerage services which merged with Ameritrade for $1.3 Billion<ref>http://www.smartmoney.com/investing/stocks/Tradescape-Becomes-a-Contender-7502/</ref>. He went on to co-design the trading platform Cybertrader with [[Philip Berber]] which was acquired by [[Charles Schwab]] for $488 million<ref>http://www.smartmoney.com/investing/stocks/Tradescape-Becomes-a-Contender-7502/</ref>. |
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He subsequently founded several film companies and became an [[Executive Producer]] of films with Ebay co-founder [[Jeff Skoll]] including the Academy Award nominated [[The Visitor (2008 film)|The Visitor]]<ref>http://www.imdb.com/name/nm2713368/</ref><ref>http://www.variety.com/index.asp?layout=festivals&jump=review&id=2471&reviewid=VE1117934660&cs=1&p=0</ref>, [[George Clooney]]'s documentary about the Darfur genocide entitled [[Darfur Now]]<ref>http://www.reuters.com/article/idUSN0438341920071006</ref>, [[Smart People]] starring [[Sarah Jessica Parker]] and [[Dennis Quaid]]<ref>http://www.variety.com/review/VE1117936024.html?categoryid=31&cs=1&query=SMart+People</ref>, and [[The Mysteries of Pittsburgh]] starring [[Sienna Miller]] and [[Nick Nolte]]<ref>http://www.fandango.com/themysteriesofpittsburgh_v359295/cast</ref> among other movies. |
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==References== |
==References== |
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Revision as of 07:49, 18 June 2010
Omar S. Amanat is a businessman and entrepreneur who founded Tradescape, a day-trading brokerage and technology firm[1] that only once reported to have processed 7% of NASDAQ's daily trading volume, and was on one occassion listed in the "Top 100 Companies in the United States" by the Red Herring magazine with annual revenues of over $250 million.[2] E*Trade acquired Tradescape in a deal entered into for $276.2 million in total consideration including $96.2 million in initial consideration plus $180 million in contingent consideration but which resulted in litigation with both sides claiming the other engaged in fraud and breach of contract.[3]
References
- ^ http://www.smartmoney.com/investing/stocks/Tradescape-Becomes-a-Contender-7502/
- ^ http://www.redherring.com/Home/6220
- ^ "E*Trade Shareholder Filing: S.E.C 10-Q Quarterly Report" (PDF). shareholder.com. June 30, 2002.