GreenSky’s David Zalik willing to takes risks of IPO

Although he’s not a household name, GreenSky founder and CEO David Zalik is a living legend among the financial technology sector. Having been at the helm of GreenSky for more than 12 years makes Zalik one of the most experienced players in the sector. And over that time, he has been able to bootstrap his firm from absolute zero to a company valued at more than $4.5 billion.

This incredible growth can be attributed to the simple yet value-adding business model of GreenSky. The company has focused for its entire existence on creating seamless parings between prime-credit borrowers and lenders looking to expand their rosters of good loans. It has focused on big-ticket point-of-sale purchases, such as home remodeling projects and solar energy installations, as an area where previous frictions of the lending process could be streamlined through technology.

Specifically, GreenSky has been able to devise a system that matches some of the top lenders in the country with customers who need lending instantly. In many cases, merchants are able to present borrowers with instant approval for loans with astonishingly good terms, such as zero down, zero interest and no payments for an entire year. Because the average borrow with whom GreenSky transacts has a FICO score of 760, these loans are almost always paid back in full before the higher rates kick in.

At the same time, lenders like Fifth Third Bancorp, Sun Trust and Region’s Bank have been supplied with a steady stream of high-quality new loans that would otherwise never have been originated.

Now, Zalik is looking to take his company public in what will almost certainly amount to one of the largest IPOs in the fintech space’s history. Zalik has stated that his company has reached a phase of maturity where he feels that the short-term thinking and pressure to post solid quarterly growth that often comes with going public is something that GreenSky can handle at this point.

For investors, the IPO may provide one of the strongest opportunities that have come along in a space that has been wracked by underperformance.

http://greenskycredit.atsondemand.com/

Ted Bauman: Financial Advice for the Common Man

Any novice investor can tell you that investing in stocks can be an anxiety-inducing experience. For many people who generate their income working a typical 9 to 5, stocks can be a completely alien concept with immeasurable odds. When you decide to invest for your first time, your option is to either navigate stocks through a trial-and-error process or pay a large sum of money to a specialist who may or may not be equipped with the advice you need. Investing and thriving in the stock market requires a sizable amount of knowledge, but how do you access that knowledge and develop a thorough understanding of how it works? The key to navigating the stock market is having someone who can teach you the language of it on your side. You need someone that can connect with you and help you build a better understanding of how the market works, without emptying your pockets in the process. Ted Bauman, a 20-year veteran in financial literacy, is working to make this knowledge available to everyone.

In 2013, Ted Bauman joined the publishing company Banyan Hill. Since 1998, Banyan Hill Publishing (Formerly known as the Sovereign Society) has been committed to teaching their clients the skills they need to become self-reliant when making financial decisions. Banyan Hill shows people how to protect their wealth, something Ted Bauman himself has committed to since becoming a writer for their newsletter The Sovereign Investor Daily. With the aid of other notable editors such as Ian King and Paul Mampilly, Banyan Hill has accumulated over 400,000 daily readers. Ted Bauman’s part in this includes advising readers on how to acquire secondary citizenship, recommending stocks based on the Alpha Code system, and identifies trends that can turn his readers a profit.

Ted Bauman earned his postgraduate degrees in Economics and History at the University of Capetown. His career did not begin in commercial finance or investments, but during his time in South Africa, he began work in the nonprofit sector, where he managed the funds for low-cost housing projects. He developed an extensive understanding of how governments and large corporations control a bulk of the wealth. When he returned to America in 2008, he became the Director of International Programs at a local Atlanta nonprofit. When he joined Banyan Hill in 2013, Bauman was able to utilize his experiences outside of the country and in the non-profit sector to provide a unique perspective to readers on financial management. His works serve to preserve the wealth of a number of readers throughout the states.

https://www.crunchbase.com/person/ted-bauman

The Philanthropy Efforts of Stream Energy

Hurricane Harvey was a devastating hurricane that flooded areas across the United States where families lost their property, their lives and their pets. During this trying time, a Dallas company called Stream Energy took the liberty to be the first company to fund the recovery program. The company pulled it off because it was running a successful energy sales business and corporate philanthropy is also part of the business.

Stream Energy launched ‘Stream Cares,’ a charity foundation that propagates the company’s philanthropy efforts in Texas and the rest of the US. In the case of Hurrican Harvey, Stream Energy positioned itself as an example of a Dallas company that leverages philanthropy and charity as part of their brand and giving back to the society.

It is new for a business to launch a separate arm of philanthropy. In this advantage, the company is giving back while earning the loyalty and respect of its customers and the public. Corporate giving is a high profile and highly publicized activity that is altruistic. But on the other hand, it can be seen as a buffer when profits fall, scandals hit, and when the company is struggling to stand on its feet.

Statistically, corporate America is generous because, in 2016, approximately $19 billion was given to several charities all over the world; that does not include corporate sponsorship, marketing of the cause, and various kinds of donations, e.g. time, effort, and money offered by individual employees.

For Stream Energy, that has formed a long-lasting relationship with the Red Cross and Habitat for Humanity, corporate leadership and employees also give locally. Stream has also partnered with Operation Once in a Lifetime to provide financial and moral support to the veterans and their families who live in Dallas.

 

View this post on Instagram

 

May we never forget all of the lives that were lost on Sept. 11, 2001, including the lives of our brave First Responders.

A post shared by Stream (@mystreamsocial) on

Instead of the company writing cheques, transportation was donated by Stream for the less fortunate veterans so that they could enjoy a meal of steaks, burgers, and ribs at the Texas restaurant. Stream also offered their support to ten young girls who picked an American Girl doll, and a meal at the Americal Girl Cafe which was catered by the company.

http://releasefact.com/2018/02/stream-energy-helped-harvey-victims/

Finacial Freedom With “Freedom Checks”

At a time when everyone is chasing the next growth story in the stock market, it is often forgotten that dividend investing has helped many of the legends in the world of finance to build massive profits. Overlooking something as simple as classic dividend investing caused many in the investment community to dismiss “Freedom Checks” as a legitimate investment. Many financial pundits thought it was absurd when it was pointed out to the investment world that these investments offered a higher yield than traditional paying dividend stocks, it was originally Matt Badiali who felt it was his responsibility to educate the financial world about “Freedom Checks” so average investors could get a shot that even experienced investors have little understanding of. His background in the resource sector makes him qualified to inform individuals of Freedom Checks and how any investor can profit from them.

“Freedom Checks” are real investment option because it involves purchasing shares on the New York Stock Exchange in companies called “Master Limited Partnerships”. When people questioned how a company possessed the ability to pay such high distribution payments, they should have investigated the tax code and how thee companies operate. The tax code enables these companies to avoid paying any federal income taxes. They must also distribute ninety percent of their profits to stakeholders of the company.

MLP’s are typically companies within the oil and gas industry. With the push for energy independence in the United States and increased fracking means that there is a potential these companies will enjoy substantially higher profits if the future. Higher profits mean that the “Freedom Checks” these companies distribute will be even greater. Once an investor owns shares in an MLP, they will start receiving quarterly payments straight into their brokerage account. There are over 500 companies that can be classified as an MLP and It is up to an investor to determine if MLP’s are an appropriate investment option for them.

The Background Of Shervin Pishevar And Some Of His Tweetstorm’s Hottest Predictions

Some people are better than others at various activities than others; Shervin Pishevar is a much better investor, entrepreneur, and commercial leader than most other such businesspeople across the planet. He’s founded several companies, including the tech companies WebOS, HyperOffice, SGN, and webs.com; co-founded Hyperloop One – once known as Virgin Hyperloop One – and Investment company – an alternative investment management firm created in 2013 that Mr. Pishevar is no longer an executive at; served tech-cum-ride-sharing company Uber as a strategic advisor and observer of the board’s operations; and invested in more than 60 companies throughout his still-young career – think of Silicon Valley’s hottest businesses and firms, including Munchery, Uber, and Airbnb.

Born in Tehran, Iran, Shervin Pishevar left his not-so-comforting homeland after then-leader Ayatollah Khomeini placed several thousand perpetrators of senseless laws on execution lists – including Shervin Pishevar, a spot he, unfortunately, reserved for himself after giving foreign nationals residing in Iran instructions on how to leave the country they were trapped in.

Mr. Pishevar moved to the United States roughly 18 months before his family made it across one-half of planet Earth to Maryland, where Shervin initially found employment as a cab driver. Shervin Pishevar’s brother Abraham Pishevar earned a master’s degree and a Ph.D. while Shervin was driving that yellow cab in Silver Spring, Maryland; these remarkable accomplishments for the foreigner inspired Shervin to take on an educational endeavor of his own.

With a strong academic background built up during high school behind him, Shervin Pishevar found enrollment at the University of California, Berkeley, in its molecular and cellular biology program.

About a year ago, the formerly-frequent tweeter took a two-month break from the social media platform. He predicted several things to happen in business across two days in early February 2018. These things included Bitcoin’s drop early in 2018, only to later stabilize in price months after – this came true.

Shervin Pishevar also felt the stock market would drop 6,000 points; although it didn’t drop that far, it did drop about one-third of the way to Pishevar’s predicted mark.

https://www.theverge.com/2017/7/14/15960686/hyperloop-one-test-success-interview-giegel-pishevar