GreenSky Credit Emerges as One of America’s Top Three Fintech Companies

The emergence of financial technology companies, or commonly referred to as FinTech, has taken the financial industry by the storm. FinTech utilizes technology and innovations to improve financial activities up to the point where traditional financial services will walk the way of the dinosaurs. GreenSky Credit was established in 2006 and has become one of the largest FinTech companies in the United States. Co-founder and CEO David Zalik has turned his tech-based lending firm into a multi-billion dollar company. Based in Atlanta, Georgia, GreenSky Credit offers its services to help fund a wide variety of home improvement projects and healthcare related issues that are not covered by the customer’s insurance. GreenSky Credit has provided reliable payment solutions to over a million consumers and had funded well over 12 billion loans since its inception.

CEO David Zalik has worked in the banking industry for years. His savvy idea for GreenSky Credit was brought into existence after the realization that home remodeling contractors were the key to one of the nation’s most lucrative markets, homeowners. Mr. Zalik, a high school dropout turned self-made billionaire, remarkably started his company in his own basement. The company’s straightforward mobile app and its overall services had become a go-to for many contractors across the nation. GreenSky soon shot up in the ranks as one of America’s most valuable FinTech operations.

The company has partnered with 14 large financial institutions including Regions, Fifth Third and SunTrust. The entire operation works by transferring a chunk of the risk and work to affiliated parties, all the while profiting from both sides involved in the deal. Basically, every time a home improvement contractor successfully markets a loan to a homeowner, GreenSky will receive roughly 6 percent of that loan amount. The company is recognized for its ability to service customers who desire smaller amounts than what a traditional bank would typically lend. David Zalik believes that his scalable business will continue to increase its loan volume by the end of the year.

https://www.bbb.org/atlanta/business-reviews/loan-servicing/greensky-trade-credit-in-atlanta-ga-27259210/reviews-and-complaints

Stream Energy

Charity in America is on the rise. There is a pattern of corporate America to reinvest in the communities that made their company’s success. One of the pioneers of such a trend is stream energy. Stream energy believes that it is a just good business to help those who of health debt. The company has created an entire division dedicated to providing charitable donations to those in the charitable branch of stream energy is called stream cares. This branch has done a lot to relieve the suffering of their fellow man. Stream energy has often been on the forefronts of such efforts. For instance, stream energy was quick to respond to the victims after hurricane Harvey.

Hurricane Harvey hit Dallas Texas with such force that it took the nation by surprise. Millions of people were suddenly wading through feet of water and struggling. The rising water didn’t mean inconvenience, immense the destruction of millions of dollars of infrastructure as well as personal property. As the city quickly became a giant lake many people found that simply surviving through the event was getting more difficult. Meeting one’s basic needs in such event is incredibly difficult and there are long-term effects to this destruction. After the flood waters received many businesses have to close their doors. These businesses sometimes are only close temporarily for repair but often can close up for good. This fits millions of people a lot of work and makes the process of recovering incredibly more difficult.

Stream cares quickly jumped into the arena to provide relief for victims of the hurricane. This is not, their only effort to help those in need. Stream energy has dedicated itself it’s time to helping children in need. Stream cares has begun a project that aids homeless children with the various needs as well as gives them the opportunity to go to a local water park. For many homeless children, this is the first and potentially only time not forget such a treat. By creating this once-in-a-lifetime event for these children they believe that it will give them at least a day that they don’t have to worry. Instead, these children can focus on just being children for that day.

https://www.linkedin.com/jobs/stream-stream-energy-jobs

Sahm Adrangi is Still Following Fundamental Investing In a Bull Market

Even though the stock market has been following bullish trends for several years, Sahm Adrangi and his team at Kerrisdale Capital believe that fundamental investing is still a good way to go with proper research and analysis. Sahm Adrangi states that they have not had a lot of difficulties while picking good stocks for long-term investing while also shorting stocks that he sees as headed towards a downward trend. Despite some rather mechanical approaches that many investors have been following as of late, Kerrisdale is still sticking with the methods that have worked for them in the past.

Currently, Kerrisdale and Sahm Adrangi have shown an interest in shorting the stocks of the pharmaceutical research company Proteostasis. The Phase 2 data for one of their drugs that are still in the research and testing phases does not appear to be everything that the company is promising according to the investment firm. This is why they have chosen to take a short position on the stock as they believe that the4 gains that the company has experienced lately will surely reverse themselves quickly once the truth of the drug comes out to the public.

Additionally, the company has presented research and evidence that indicates that the land development company St. Joe’s is not going to be able to deliver on the promises that they have made to their investors concerning a large area of land in Florida. While St. Joe’s may have seen a decent amount of success while developing beachfront land, the land that is in question is almost entirely swampland and is not in a convenient location to the many attractions that draw people to the state of Florida. Their shareholders have been waiting patiently for years according to Sahm Adrangi, but he doesn’t believe that any amount of waiting will allow them to see a significant return on their investments as they had been promised by the company. When releasing their short stances on companies, Sahm Adrangi and Kerrisdale Capital have extensive research to back up their claims. They have absolutely no problem releasing it to the public as they have in the past.

http://fortune.com/2016/04/21/sahm-adrangi-kerrisdale-short-sale/

Eric Lefkofsky’s Company, Tempus, is Now Worth $1.1 Billion

Eric Lefkofsky has recently been granted a staggering $80 million from investors towards his elite cancer fighting technological firm based in Chicago, Tempus. The investors include, but are not limited to, New Enterprise Associates, Revolution Growth and Kinship Trust Company. With this new funding, the company has accumulated over $200 million from funding since it was established in 2015. This is exceptionally rare for startup companies. Tempus has now gained “unicorn” status for its insane growth and funding within such a short period of time.

Tempus is now valued at an incredible $1.1 billion and is expected to grow as it continues to build traction with the health care industry.

Tempus is truly in a league of its own and provides unprecedented technological services.

Tempus is being used by drug companies, doctors and the health care industry as a whole. Tempus essentially scrutinizes and collects important clinical data to discover patterns of cancer treatment, including data directly from patients undergoing treatment.

It focuses on precision medicine, making it a pioneer in the health care industry.It was founded in 2015 and is currently headquartered in Chicago, Illinois. Health Care leaders rely on Tempus services to administer cancer treatment more effectively.

The company continues to sky rocket. It currently employees over 400 professionals and that number continuously grows every month. The company uses its funding to expand its horizons with additional research and marketing.

Eric Lefkofsky is the master mind behind several other successful companies such as Groupon, Echo Global Logistics, InnerWorkings and more.

The private charity, The Lefkofsky Family Foundation was founded in 2006 with his wife Liz. Lefkofsky is also the trustee for many Chicago based organizations such as the Lurie Childrens Hospital of Chicago, The Art Institute of Chicago, The Museum of Science and Industry and World Business of Chicago.

Eric Lefofsky was born September 2nd in 1969 in Detroit, Michigan. He graduated from the University of Michigan Law School and received his Juris Doctorate in 1993 with honors. He is currently worth over $2 billion and continues to pioneer the health care industry and establish highly successful business ventures.

Nathaniel Ru and the Success of Evergreen

You probably have already heard of the restaurant and food brand named Sweetgreen, which is one of the biggest chains of restaurants that are focused on healthy meals and seasonal salads self-made by scratch.

They have achieved more than forty restaurants in different locations spread across the United States, and that is just the beginning of their growth, as the company is only ten years in the market.

The company Sweetgreen was co-founded by three entrepreneurs: Nathaniel Ru, Nicolas Jammet, and Jonathan Neman.

Together, they have grown one of the favorite restaurants of vegetarians and vegans. Their biggest release to the press is that, now, they are planning to revolutionize the fast food industry.

Nathaniel Ru, which is the Co-CEO of the Sweetgreen enterprise, studied finances at the Georgetown University, McDonough School of Business. He, together with his two co-founders, are working towards helping people order healthier food, even through fast food applications.

All three entrepreneurs met themselves and had their shared idea in the same University, the Georgetown University, and since then, they have been developing and improving ways of incentivizing people to intake healthier food, with ingredients that are better for the human body, while also combining efficiency and modern technology. Read more: Nathaniel Ru | Crunchbase

The team is not bound to a single physical place, but orders and payments can be done through the client’s smartphone, and these conveniences have skyrocketed the reputation of Sweetgreen.

The business model of Sweetgreen is so successful because they have a greater purpose other than just selling food, and that is to combine efficiency, good pricing and commodity with healthier food than the fast food standard that the American is used to.

This means that, by providing a high-quality service, they are inducing changes to the alimentation of the American society and improving the health of many people in the world.

And it’s been working out very well for the team. With already more than forty locations, Sweetgreen is spreading even more, and there will be more physical restaurants by the end of 2017.

Nathaniel Ru and the other co-founders are the keys to the success of the brand. They already had some small experience with entrepreneurship from learning with their respective families, but it’s been through constant studying and innovation that they have achieved high success.

Apart from being Co-Chief Executive Officer of the corporation, Nathaniel Ru, one of the most valuable assets of the company, is also Principal at SWTLF Ventures.

Learn more about Nathaniel Ru:

http://fortune.com/2016/02/18/sweetgreen-entrepreneurs/
https://www.bizjournals.com/losangeles/potmsearch/detail/submission/6435405/Nathaniel_Ru

How George Soros is Leveling the Scales Once More

George Soros was born in Hungary and he was raised in Budapest. Back then Soros wasn’t some billionaire, he was just another person trying to get by with his family. Then in 1944 the Nazi regime rolled into his country and things changed forever. Soros would see first hand what the role of an oppressive, fascist, and violent body of people could do to another group with hateful rhetoric and violence. Over the next year nearly half of a million Hungarian born Jews would end up dead. Soros would flee the country, making his way to London, where he would begin to pursue his destiny.

That was over 60 years ago and now George Soros is a major political player in the United States as well as one of the most giving philanthropists that the world has ever seen. He recently came out of retirement in order to oppose Donald Trump’s destructive government and that bodes well for progressives everywhere.One of the most meaningful ways someone can make a difference in American politics is sadly by way of donating money.Donations are the fuel that keep the engine going and the Democratic/progressive side of the political machine has been woefully under-fueled for years.

So when Soros decided to come out of retirement in order to support Hillary Clinton’s campaign against Donald Trump, this was a big deal. Soros would step up and donate nearly $22 million to pro-Clinton and pro-progressive political action committees with the ultimate goal of focusing on what he believes in as a person: justice, equality, social equality, transparent government, and more.Soros return to politics was a huge win for progressives everywhere. Among those on the left there are very few that are wealthy enough to go toe to toe with the right wing’s Koch Brothers. The Koch Brothers are billionaires who funnel in un-godly amount of money to right wing politicians in order to continually stop any left wing momentum. Soros return to politics represented a slight movement in the financial scales.

Soros returning to politics also mobilized other important and wealthy democratic donors.Among those democratic donors were media professionals Haim Saban and Fred Eychaner as well as Tom Steyer, an environmentalist, and Don Sussman, a hedge fund manager. Having a real liberal elite donor class was a huge win in 2016 even though the results didn’t translate in the way that progressives were hoping.George Soros has come out as one of the most vocal critics of Donald Trump’s candidacy as well as his current Presidency. We expect George Soros to continue fighting back against conservative establishment politicians as he tries to limit the damage that Donald Trump can do to our nation.

Sheldon Lavin is a Global Icon Today

Sheldon Lavin is well-known in the food industry as he is the Chairman as well as Chief Executive Officer of the OSI Group. This Group has a reputation in the food processing as well as meat industry. He likes to get involved in all that aspects of his company and its global operations. He gives the highest priority to efficiency along with quality.

The association of Sheldon Lavin with the OSI Group started in 1970. This was when he helped to finance Otto & Sons. This evolved into the OSI Group eventually. He is a highly successful food executive as he has extensive experience in this industry. This is why he has managed to reach the position that he enjoys today. Under the vision as well as the leadership of Sheldon Lavin, OSI Group transformed itself from being a small, domestic enterprise to becoming an international player in the food processing business segment. This is why he is an inspiration for young entrepreneurs since he has clearly demonstrated the meaning of serving and leading.

Sheldon Lavin has been recognized for his success in the industry. He has led the OSI Group to make a mark on the international platform. This has led to unprecedented job opportunities all across the globe. It was in 2016 that the Vision World Academy of India awarded the Global Visionary Award to Sheldon Lavin. In 2015, RSM US LLP presented him with the Lifetime Achievement Award. This was for his commitment to his work as well as to the business community of Chicago. Click here to know more.

He feels humbled by such recognition. He says that he feels proud of his work. He is also thankful to the people who helped him to develop the OSI Group into a global powerhouse. Sheldon Lavin has dedicated his entire life dedicated to this company.