Coy CEO of GreenSky Credit willing to take plunge of going public

For at least the last 10 years, the trend throughout Silicon Valley in general and the financial tech sector in particular has been for companies to stay private as long as they possibly can. The reasoning is that investors inevitably push for short-term results, a tendency that can spell disaster for a tech company that is still in the incubation phase. A company like Amazon wasn’t profitable for nearly 20 years and would have been quickly ruined by investors with strong profit drive pushing the company’s long-term business strategy off the rails.

But David Zalik, the founder and CEO of GreenSky Credit, believes that his company is ready to take the plunge and become publicly traded. Zalik would seem an odd figure to go so against the grain of fintech conventional wisdom and seek out not just the public spotlight but also the microscope that inevitably comes with taking a private firm public. As a child prodigy, Zalik enrolled in college at the age of just 12 but dropped out shortly thereafter to found his own computer assembly company. Called MicroTech, the company was a success, and Zalik sold it 10 years later for about $5 million.

He then went into a string of other business, which culminated in the formation of GreenSky Credit, a company now estimated to be worth more than $4.5 billion. Through it all, Zalik has avoided the public eye almost as a vampire avoids light. Incredibly, the inveterate entrepreneur says that he never gave a single interview prior to 2016. For someone of such incredible accomplishments, Zalik seems to have little to no need for recognition.

Many have questioned whether the GreenSky Credit CEO’s personality is suited for going from a 100 percent private enterprise to having to deal in the public spotlight the near 100 percent of the time required of those running publicly traded companies.

But Zalik says that GreenSky Credit has reached a level of maturity that means the company would do well to take on public investors and utilize all of the capital influx that such a move entails. He would like to see his company grow another 4 or 5 times.

www.cisneyremodeling.com/financing-options-from-greensky-credit.html

ABOUT EQUITIES FIRST HOLDINGS ON FRENCH TRIBUNE

Reading about Equities First Holdings on French Tribune, you will read several wonderful things about this company. This is a company that offers customers personal and professional loans that are secured using their stock and shares as security for the loans.

Equities is able to give these customers the money they need to accomplish either their personal or professional goals, using their stocks and shares as security for the loan that they grant them.

Equities may also offer these customers terms and conditions that are not as stringent ad that of the conventional banks. They offer them lower interest rates making repayments easier for them. They are located in nine countries that include China, Thailand, Australia, The United Kingdom and the United States and continue to provide the funding they need, with the intention to open in more countries. Get company has successfully completed transactions with over 700 customers that total over 1.4 Billion Dollars. They continue to make financing a possibility.

Read More: www.indeed.com/cmp/Equities-First-Holdings,-LLC-1

Mike Baur Shares His Thoughts With Red Bull Media On Things Entrepreneurs Go Through

Mike Baur gives young people a chance to make business ideas come to life and go quickly from their incubator stage into complete administrative stage if they can pass the tests of his company, the Swiss Startup Factory (SSUF). The process, though very rewarding does require entrepreneurs to have the right frame of mind throughout it and they need to be prepared to put in all the work it will take to make their business happen. Baur had a question and answer session with Red Bull Media, a media agency that has partnered with the SSUF in which he gave a few pointers about business ideas.

 

Baur said first of all, that spontaneous ideas are an entrepreneur’s best friend because they usually come when you realize there’s a need for a product that hasn’t been met yet. When asked whether it was good or bad to share your idea for the business with others, Baur replied that sharing your idea could help you find others who would agree with it and may want to be a part of your administrative team. But most importantly he said that you should never be afraid to fail because failing the right way will help your business be better as you restart it.

 

Mike Baur was born in Switzerland and has gotten most of his education at the local schools and universities. While still in high school, he decided to go into banking as a career because it was one of the most reputable jobs in Switzerland at the time. He was told at the beginning of his internship at UBS Bank that he could become a well-paid executive eventually if he followed a chart that the manager he met with drew up. Baur set out to do just that, and in 10 years he was already an esteemed advisor at that bank. He would later transfer to Clariden Leu where he sat on the board of executives in commercial banking, but there were events that happened that had him decide to retire from banking while still only 39. It was mostly how the recession of 2008 changed the regulations and outlook on banking the following years that had Baur pursue other options.

 

Mike Baur wanted to go into business investing because he realized there were many brilliant thinkers in the universities but little funding for them to build businesses. He had contacts in groups like CTI and the Goldback Group who he brought together to build an accelerator that brought the university graduates and investors together, and the SSUF has also been a partner of tech research firms like Think Reloaded and FinTech Fusion. The acceleration process for entrepreneurs at these companies usually takes about three months and upcoming businesses even get access to offices upon launch.

 

Ambassador Daniel Taub’s Take on Iran Nuclear Capabilities

There are changes and new alliances taking shape between the Middle East and Israel. Daniel Taub talked of the formations saying that they enhanced their bid to counter Iran’s nuclear ambitions. As it is, the aspirations had not been curtailed by the deal between world superpowers and Tehran.

The ambassador through The Independent said that the accord did little to address the threat posed by Iran nuclear development. On the other hand, the deal did nothing to slow the progress of Iran’s ability to develop a nuclear weapon.

Still, while maintaining pressure on its traditional allies, Israel sent a team to Washington, a situation that may rise to radical partnerships that have been previously unimaginable.

Daniel Taub said that Israel was looking towards cooperation between some Sunni countries that had grown concern over the development of nuclear weapons in Iran. Among those nations include the Gulf States and Saudi Arabia.

Tehran said that the radical axis stretches from Tehran on to Gaza, and Israel is hardly alone in the scare. He noted that all the countries needed to do was to rise above their immediate differences and align towards a stronger and more important goal.

On the other hand, it was in Israel interests to foster relationships that would last beyond Iran nuclear development. On the possibility of such relationships, Mr. Taub said that the latest developments in the region allow the countries to make decisions which otherwise, they would not have made. Read more: Daniel Taub | Ideamench and Daniel Taub | Wikipedia

He pointed out that the relationship with its western allies was still intact despite the deal that saw some of Iran sanctions lifted after it gave access to UN inspectors and gave guarantees over uranium enrichment. As Mr. Hague had said, the deal marked the first step in making the world safe from nuclear proliferation.

As is the view of Israel, the deal stands not to deter the development of the nuclear warheads, and neither does it slow the progress of its development.

According to Daniel Taub, the agreement leaves out all the aspects of Iran’s Arak plutonium water reactor, the military, and not even a single centrifuge used in the development of the nuclear gets dismantled.

As a result, six months into the deal, Iran will still be in the race of nuclear development. The agreement stands to bring nuclear destruction in later years. Learn more about Daniel Taub: http://www.everipedia.com/editor/dtaub/ and http://www.behance.net/danieltaub

Today, one thing that remains certain is that Israel has other potential allies than with the States regarding the development of nuclear weapons in Iran.

Adam Milstein Talks About Characteristics That Define Jews In His Blog Post

Adam Milstein is a columnist who writes about more than just news for Israeli journalist organizations like the Jerusalem Post, the Jewish Telegraphic Agency and the Times of Israel; he also offers his thoughts on how Jews and Israeli-Americans can become stronger together. In one of his latest blog posts he mentioned how back in the ancient world, a group of Jewish rebels known as the Maccabees threw off a tyrannical regime of Greek oppressors who had controlled the region in the years after Alexander the Great had conquered it. These Jews were outnumbered and had few weapons with which to fight these armies, but they used other skills and strategies to do it and were successful doing so.

Adam Milstein believes in today’s world, Jews can do the same thing to keep their culture strong for years to come, and it begins with parents instilling characteristics in their children. Those characteristics include courage like the kind the Maccabees had, pride in the nation of Israel and in one’s identity as a Jew, and passion in what you do whether its business, military service, political activism or other patriotism to the homeland. Milstein has spoken at conferences at AIPAC and hosted by the Israeli-American Council in which he has remarked that support and passion for the nation of Israel is higher than ever.

Adam Milstein is a dual citizen of both the US and Israel and prior to moving to the US in 1981 he served in the Yom Kippur War. His career has been in real estate since 1983 when he became a broker at a commercial property firm, and several years later he helped form a privately-owned firm with colleagues David Hager and Robert Neal known as Hager Pacific Properties. The company’s assets value billions in properties across California, Illinois and Texas.

Even though he had adopted American culture in some respects as a businessman and US citizen, Adam Milstein wanted to make sure that Israelis and Jews living in America could stay close to their roots and still be able to be involved with Israel, so that’s why he and his wife Gila started the Milstein Family Foundation. This foundation has been the partner for Jewish-American non-profits like AIPAC and the IAC, and it’s also supported a lot of college-based pro-Israel groups. Sifriyat Pijama B’America is also an important part of the foundation because its helped families learn Hebrew in an easy-to-understand method and teaches young children Jewish stories.

http://norcal.news/news/23823-how-adam-milstein-revolutionizing-philanthropy

Phoenix New Times

Susan R. Bolton, United States District Judge, recently presented a ruling that put into effect the pardon issued by President Donald Trump, to the former Sheriff of Maricopa County, Joe Arpaio.

As many of the citizens of Maricopa County spent years protesting the unethical and illegal practices implemented by the Sheriff’s Department under the direction of Joe Arpaio, there was, expectedly, noticeable outrage.

Michael Lacey, a longtime rival of Joe Arpaio, joined by his business partner, Jim Larkin, spoke out against the recent decision made by President Trump, and when discussing the leader’s relationship with the former sheriff, he referred to it as “a perfect marriage of two corrupt individuals.”

The longstanding war between Phoenix New Times and Joe Arpaio famously came to a head when the sheriff illegally had Larkin and Lacey arrested in their homes by deputies who’d arrived in unmarked vehicles and Mexican tags.

With the onset of the war in Vietnam, America became divided between the conservative supporters and the budding anti-war crowd. With tensions seemingly becoming thicker every day, the alternative community needed a voice that would represent the views of America that existed outside of the conservative world, and underground newspapers began circulating throughout many of the major cities in the United States.

The Kent State Shootings, which resulted in four deaths from the student population, proved to be a breaking point for Michael Lacey, and several others, such as Frank Fiore, Karen Lofgren, and Hal Smith.

In 1970, the inaugural issue of Phoenix New Times was published, to much local acclaim. Over the course of the next few years, Jim Larkin, already married with children, would come aboard, helping to steer the marketing campaign of Phoenix New Times, which proved to be an essential asset to the newspaper’s future development. Read more: Michael Lacey | Twitter and Phoenix New Times | Wikipedia

By the end of the decade, Phoenix New Times had shaken a number of obstacles, due in part to the addition of several innovative columns, such as a personals section, as well as satirical comic strips, such as Honky Tonk Sue, which was created by Bob Boze Bell.

In 1983, a period of rapid expansion would ensue, beginning with New Times Media’s purchase of Patrica Calhoun’s Denver-area publication, Westword.

As the years passed, 17 publications would call New Times Media home, including influential newspapers such as Village Voice, Miami New Times, OC Weekly, LA Weekly, and Nashville Scene.

Jim Larkin and Michael Lacey would remain a part of New Times Media, until the end of 2012, when, after a run that lasted four decades, the duo that had brought the brand into the national spotlight, decided to step away.

Today, Larkin and Lacey concentrate much of their efforts in their Frontera Fund, which takes aim at the unethical practices geared at Latino Americans in Arizona.

They recently introduced a new brand to the world of journalism, with the launch of FrontPage Confidential, which continues the trend of protecting the rights guaranteed by the First Amendment, that was first initiated with Phoenix New Times.

Mr. Hussain Sajwani – The Donald Trump of Dubai

Born in 1962, Hussain Sajwani is the chairman and founder of DAMAC Group – a multinational corporation with many subsidiaries under its name. The group started as a catering firm but it has grown to become a universal conglomerate operating in over 18 countries. Currently, it has businesses in logistics, real estate development, industrial projects, hospitality, commercial trading and investments, and has helped burnish Dubai’s image to become a glittering destination.

After graduating from Washington University with a degree in Industrial Engineering and Economics, Hussain Sajwani started his career at Abu Dhabi Gas Industries in the finance department. After working for two years, he established a local catering venture that served US military and construction giant Bechtel. In 2002, he started DAMAC Properties – a real estate firm, by taking advantage of a decree by Dubai government allowing foreigners to own property in UAE. As the DAMAC owner, Hussain Sajwani has helped the company develop over 19,000 apartments and continue to be a reckoning force in all areas. Learn more: https://www.damacproperties.com/en/investor-relations/corporate-governance/meet-our-board

Apart from being the DAMAC Group chairman, Mr. Hussain Sajwani serves as the chairman of the following companies: Al Amana Building Materials, Al Jazeira Services, Al Ahlia Insurance and Al Anwar Ceramic Tiles. His worldwide success is based on passion, cutting edge forward thinking and ability to move with times. Gulf Business listed him among the top 100 influential Arabs. He was also featured in top 10 billionaires by Forbes list of the World’s richest Arabs 2017.

In 2013, Mr. Sajwani partnered with Donald Trump to develop two golf courses with Trump’s brand. These are the Trump International Course Dubai opened in February 2017 and Trump World Golf Course to be inaugurated later in 2018. Their relationship has gone beyond being just business partners. In fact, Hussain Sajwani family was present during Trump’s inauguration ceremony as the president elect. On New Year’s Eve while celebrating his election victory, Mr. Trump heaped praise on his Dubai billionaire business partner terming his a very amazing man. Learn more: http://www.arabianbusiness.com/the-world-richest-arabs-2014-574217.html?view=profile&itemid=574179#.WHgeI2QrIUs

 

George Soros: Great World Mentor

George Soros was born and brought up in Hungary a town called Budapest. He was born into a Jewish family whereby his father Tivadar was a lawyer, and the mother was a business person. George Soro’s father was not happy with the fact that they were Jews and he had to secure documents to prove that they were Christians. This was also a defensive strategy because Jews used to be killed during the attack. He also ensured that he changes the name of the family from George Schwartz to George Soros. When he was only 13 years, Nazi Germany invades the Kingdom of Hungary, and they stopped Jewish children from attending schools. Soros had also been prevented, but his father changed the name to a Christian one. They had the heart of helping and they helped so many people by saving their lives during the historical war that their country faced and read full article.

In 1945, Budapest was attacked by Nazi group, and over 500,000 people were killed. That was when Soros was only 14 and 15 years. The experience taught him a lot of things and today happens to be among the richest men in the world. Also, he is the greatest philanthropist known in our history. He is believed to have donated more than $18 billion dollars in his ministry, and his chances of growth are still high. George Soros has been on the frontline pushing for equality and justice, good governance, and also accountable governments that respect democracy the rule of law. He survived world atrocities while he was a teenager, a reason that makes him push for better governance.

George Soros after things had settled in Hungary, decided to relocate or rather immigrate to London, England so he could join the famous London School of Economics for bachelors in Philosophy. At the School, he met the great philanthropist by name Karl Poppers who was his favorite tutor. He had limited income and thus had to work extra harder. He managed to study a degree and masters in philosophy from the University. He graduated with the masters in the year 1954. During his period at the University, he used to look for jobs there so that he could sustain his life at School. He was even employed as a bar waiter and also at the railways. He worked extra harder and did difficult jobs which he had to so that he could make it in life and learn more about George Soros.

After gaining the skills, George, like any other graduate relocated to the United States for career advancement. He wanted to specialize in finance and was lucky to get a job after few attempts. His experience was that of analyzing European Stock and later became a vice president at Arnhold and S. Bleichroeder. That is when he started interacting with leading forex traders who mentored him. He was able to learn winning strategies and later decided to work independently. He quit the employment jobs to form Soros Fund Management which is today’s giant in hedge fund management.

More Visit: http://fortune.com/2017/10/17/george-soros-open-society-18-billion/

Ideamensch Interviews Arthur Becker

Arthur Becker is an American businessman and entrepreneur with a keen interest in technology. Currently, he works for Madison Partners LLC, where he is one of the managing members. Arthur Becker also invests in the real estate industry and has properties in New York, Miami, and Florida.

Recently, Becker was interviewed by Ideamensch to find out how he has become such a success. First, he was asked on how the idea of Madison came up. He said that his past experiences had made him have deep passion for the real estate and biotechnology world. Becker had worked for NaviSite for 8 years, from the year 2002 to the year 2008. NaviSite is an international company that provides internet, business location and hosting services to businesses in the US and the UK. Becker was the CEO& Chairman of this company. And, during his tenure in this company, he had the opportunity to interact with a number of real estate companies. Becker had also worked for Zinio, the largest Newsstand in the world. This also exposed him to this industry. So, when the idea came up to join a company that was invested in the real estate and bio technology startups, Becker just couldn’t keep off.

Becker talked on how he is able to effectively bring ideas to life. He commented that he relied on experts to be effectively productive. He added that he loves coordinating and organizing work from experts, in all stages of his business. See also.

From Becker’s interview, there are a few tips that entrepreneurs can take home. First, be actively involved in the development of the management team. This is because the management team is critical in the success of any company. Secondly, is to a critical thinker. Even when vision, passion drive, strategy, and people are the most important aspect of any business. You will need critical thinking to help you identify when you need to make changes in your people, strategy and even your vision. Thirdly, he advised entrepreneurs to be flexible with their strategies and to also be keen to listen on what other members of the industry are saying.

https://www.linkedin.com/in/arthur-becker-1547a134/

ClassDojo: Connecting Parents and Teachers and Creating Community

After a Series B round of venture funding, led by General Catalyst, ClassDojo has raised another $21 million ($31 million to date) for an app to connect educators to their students’ parents. The company is using the money to grow its team and to determine what features and content can make the app useful at home as well as at school.

ClassDojo is a communication platform that enables consistent contact about students’ activities. Communicating as often as needed, teachers can help parents be aware of their kids’ experiences and behaviors. There need be no surprises at parent-teacher conferences that happen only once per semester.   Read related article.

Teachers use the dark lavender app to post photos and videos of lessons and activities. Parents can add comments. Early on, the app gained attention for a point system by which teachers rewarded students for good behavior. Now, it is much more. It is a service that keeps parents and teachers in contact about the students’ lessons and progress. Eighty-five thousand teachers in public, private, and charter schools in the United States use ClassDojo.

Visit them at Instagram.com

The company has yet to generate revenue.  Rather, they plan to create premium content and features that parents will pay to use.

Based on Businessinsider.com, Hermant Taneja, Managing Director of General Catalyst, sees ClassDojo’s earnings being driven by what parents and teachers already do to improve kids’ opportunities. He thinks parents will buy videos, custom yearbooks, lessons, and discussion guides. With the app parents could use their phones, instead of cash or checks, to pay for field trips, supplies, and lunches.

 

http://www.inc.com/salvador-rodriguez/classdojo-monetization-slack-classrooms.html

ClassDojo raises $21 million for app to make parent-teacher meetings obsolete