A Look at the Expansive Growth of GreenSky Credit

Located in Atlanta, Georgia, GreenSky Credit is a growing financial technology company, according to Wikipedia. The company was established in 2006. Between 2012 through 2016, approximately $5 billion was lent to consumers via the company’s lending program and technology.

GreenSky Credit: Financial Technology for Banks and Merchants

At the heart of GreenSky Credit’s services is providing technology to aid banks and merchants in lending to consumers for targeted expenditures. These include home improvement, solar, elective healthcare and other purchases.

The home GreenSky Credit mobile app allows consumers to seek financing for specific purchases from a wide array of merchants. Indeed, at the present time, approximately 12,000 merchants of different types are connected to the company’s lending technology. These merchants includes retailers of different types, including Home Depot, to numerous contractors.

At the present time, the firm has over 1,000 employees. As with so many things associated with GreenSky, its workforce has been increasing in number with each passing year. The company is headed up by its co-founder, David Zalik. Zalik holds the title of chief executive officer. Gerry Benjamin is the vice chairman of the enterprise. Tim Kaliban is the president of GreenSky. The management team gets high marks from financial publications like Forbes.

Capitalization and Valuation of GreenSky Credit

By 2016, the CEO of the company announced that the enterprise was profitable. A valuation of the company occurred in 2016. According to the Wall Street Journal, the valuation placed GreenSky Credit on the list of the most valuable privately-held financial technology startup enterprises in the United States.

In May 2018, the company set its IPO terms. The established IPO terms were 34.09 million shares at between $21 and $23.

GreenSky Technology Remakes the Lending Scene

GreenSky truly is tacking a leadership role when it comes to lending in the United States. The firm joins other companies in taking on traditional lending structures in the country. Although firms like Greensky are only a small percentage of overall lending in the country, that percentage edges upward with each passing year. This is a trend that is expected to continue into the future.

https://www.forbes.com/sites/laurengensler/2017/08/08/greensky-billionaire-david-zalik-home-improvement-loans/#4bee93c16876

Adam Milstein: Unity and welfare of the Jews initiatives

Adam Milstein is a leading player in the war against anti-Semitism. He is a member of the Jewish-American Community and the chairman of an organization known as Israeli-American Council. Milstein is also a philanthropist and a businessman. He is the founder of a philanthropic organization known as the Adam and Gila Milstein Family Foundation. He formed the organization alongside his wife, Gila. As a businessman, he is the managing partner of a real estate company called Hager Pacific Properties.

Adam Milstein has been playing a critical role in pushing for the agenda of the preservation and protection of the Jewish identity and culture. All his activism is targeted at creating an environment that will respect the rights of the Jews just as any other community. Anti-Semitism has been used as a tool for discriminating against people with a Jewish origin, and this is something that he is not happy about.

Adam Milstein has seen a lot of bad things happen to his community as a result of this hate and he is no longer ready to sit back and let a repeat of the same happen again. There is a need to come up with new ideas that will bring to an end the challenges that the community faces or forever face this hate.

Adam Milstein created the IAC organization to build the welfare of Jews living in the United States as well as show them where their roots are. The intention is to link the Jews in Israel with those in the United States as well as improve the relationship between them and the Americans.

Adam Milstein as a philanthropist is a generous man. He has dedicated his resources to promoting pro-Israeli programs, the Adam and Gila Milstein Family Foundation has been working closely with over 100 organizations which support the initiatives that the family believe in.

Adam Milstein is working on promoting education and family heritage as some of the solutions to the challenges that the people face. He believes educating the young generation about Israeliness should be a top priority since these are the people who lead the community in the next phase and pass the same lessons to the other generation.

https://twitter.com/AdamMilstein

Sahm Adrangi Remains Intent on Shorting St. Joe’s

Today, Sahm Adrangi is the Chief Investment Officer of Kerrisdale Capital, but it was in 2011 that he burst onto the investment scene by shorting several prominent Chinese companies, while also exposing their fraudulent practices. In a recent report, Sahm Adrangi and Kerrisdale Capital set their sites on St. Joe Company, which was recently given a valuation of $1 billion. In Sahm Adrangi’s report, he cites much of the land owned by St. Joe Company, as “over-valued and over-hyped,” as the majority of the land is separated from the prime real estate locations of the Panama Beach area. According to Sahm Adrangi’s assessment, St. Joe Company is 40 percent less valuable than what is being publicly projected. While this possibility presents a major blow to the shareholders of St. Joe Company, a number of new issues regarding their primary shareholder, Fairholme Fund, as well as the longstanding stagnation regarding commercial development, complicate the whole of the problem exponentially.

St. Joe Company was recently given this high valuation due to the potential of their plan to commercialize the Panama Beach area, building a new retiree destination. The major is issues lies in the fact that, much of the land to be commercialized by St. Joe Company, is swampland located in remote areas. These areas are not likely to be commercialized in the near future, and much of St. Joe Company’s prime real estate, has already been used.

Fairholme Fund currently owns 22.7 million shares of St. Joe Company stock, making them the largest shareholder. New regulations implemented by the Securities and Exchange Commission will require that 10 million of Fairholme Fund’s St. Joe Company shares, be liquidated. According to Sahm Adrangi, this liquidation process would need to be completed by December 1, 2018, but with the number of trading days left on the calendar, this would be a virtual impossibility without affecting the share price of St. Joe Company. The role of Bruce Berkowitz also presents a major problem for St. Joe Company, being that he is both, the fund manager of Fairholme Fund, and the chairman of the board at St. Joe Company.

https://endpts.com/kerrisdales-sahm-adrangi-leads-a-brutal-new-biotech-short-attack-as-trial-results-loom/

What’s All This News About Freedom Checks?

Investors frequently seek out a dynamic investment strategy. Those interested in above-average returns on investment may be more motivating to try new endeavors. Persons with retirement on their mind might embody even greater motivation. Investors want to make money. Investors especially wish to earn dividends during retirement years since their income options become reduced. The idea of “Freedom Checks” could prove intriguing to investors interested in something different.

Freedom Checks refer to the distribution payments made from Master Limited Partnerships. A media push by Matt Badiali sought to raise consciousness about these checks. While more people have heard about Freedom Checks, they remain somewhat confused over the checks’ true nature. An incorrect belief exists that the checks originate from a government program. To a certain extent, the government did play a role in the creation of the checks. Government regulations do oversee the rules. The checks don’t come from a government program. Instead, the checks disburse from private enterprises involved in the oil and natural gas business.

Some time ago, the Congress enacted legislation delivering tax breaks to oil and natural gas enterprises. The tax breaks remain contingent on awarding a generous revenue distribution to investors. The legislation names these enterprises as Master Limited Partnerships. MLPs issue Freedom Checks as distributions. The unique name given to the distributions isn’t their official name. The colloquial moniker infers those receiving checks in significant monetary amounts may achieve incredible levels of financial freedom.

Investors do need to approach any MLP endeavor with a realistic attitude. MLPs aren’t conservative investments. They come with risks. Massive distribution checks may or may not materialize. The news has reported investors receiving checks for incredible sums of money. Such news may lead many would-be investors to try and learn more about the checks.

And someone is trying to help people learn more about the distributions. Financial analyst Matt Badiali has worked tirelessly to raise awareness about Freedom Checks. Promotional videos featuring Badiali highlight the potential of these checks. His media campaign could lead many people to read up on MLPs and what they potentially offer.

Politicians In Washington D.C. Would Be Wise To Remember That Betsy DeVos Is Not A Political Pushover

People who call Grand Rapids, Michigan their home know that Betsy DeVos is a force to be reckoned with. They have watched as she has been a part of multiple movements, organizations, and campaigns to support the educational rights of Americans in the city and the nation, at-large. Those who have gone against her in the state of Michigan have learned that she is a worthy opponent and that she knows how to use her fortune to reward those who are on her side and punish those who are not. That is why many Grand Rapids’ residents were confused as they watched Betsy DeVos get taken apart during her confirmation hearings to become the Secretary of Education for the United States.

 

Betsy DeVos made some jokes after she was treated poorly in the hearings and by the media afterwards, and while she took it all in stride, it did bother her a little bit. The thing about her is that she has been a part of politics in one way or another all of the way back to her college days at Calvin College. While attending the private Christian college, she not only earned her bachelor’s degree in business economics, but she also became interested in the politics on the campus as well as seeing change in the state of the educational system of her nation.

 

While her proponents have made it appear as if she isn’t aware of certain specifics within the educational system of the United States, she simply doesn’t agree with their take on the way it should be ran. Instead of only continuing to pour taxpayer dollars into an obviously failing public school system, she would also like to see some of those tax dollars going to economically challenged families so they can afford to send their children to a school of their choice. Since America is supposed to be the land of the free, she sees no reason why every single American family shouldn’t have equal access to some of the best schools in the country.

 

As she was on her way to becoming the Secretary of Education for the country, there was some controversy over President Trump’s decision to rescind a law that allowed gay and transgender people to use a bathroom of their choice. One of her aides reported that she didn’t agree with the president’s decision but that she would not make a public scene about her disapproval. Instead, she went to meet with a representative of LGBTQ employees at the Education Department to let them know what was about to happen. A previous state attorney general to Michigan and Republican, Mike Cox, commented that Betsy DeVos is about as determined and focused as an individual can be when it comes to completing her goals. Other politicians and educational leaders have also pointed out that many people have made the mistake of underestimating Mrs. DeVos. This has been to their detriment, and they would be be wise to not do the same thing today, because she is determined to give the children and families in the United States the educational rights they deserve.

 

Visit http://www.betsydevos.com/ to learn more.

Shervin Pishevar’s Vision For American Infrastructure

There is some fascinating economic news pouring out of the twitter account of Shervin Pishevar. The capitalist knows the economy. He was an early investor in Uber which has seen incredible success and he founded Sherpa Capital.

But Shervin Pishevar has been in hiding of late. Enemies that he has picked up along the way are attempting to harm his image. They have flung sexual harassment accusations at him which has made it difficult for the capitalist to run his own company. He resigned his post at Sherpa Capital because he doesn’t want his enemies to harm his company while they try to defame his image. He’s been silent ever since.

You can certainly tell that he misses his work. His tweet storm centers around the economy, the stock market, technology, investments and more. It seems the messages revolve around everything he would be talking about at Sherpa Capital. Instead, he has the Twitter-verse as a captive audience.

One of the most fascinating messages that came out of the 21-tweet storm concerns infrastructure. It’s long been a promise of President Trump to invest money into infrastructure. That has not happened. Instead, American infrastructure has been left to rot and decay. But Shervin Pishevar thinks the American people should start thinking about the long term.

His tweets point to technology innovated by Elon Musk. Shervin Pishevar believes that the American people should invest in something called a hyperloop. This type of transportation essentially uses the same technology that keeps a table hockey puck afloat. But the air pressure can be used to send a train to another city at an unbelievable speed. Engineers believe that they can get a train from Los Angeles to San Fransisco in less than 30 minutes. That’s quicker than a flight from LAX to SFO.

This forward thinking concerning infrastructure is the only way forward. Shervin Pishevar believes that the country needs to stop stalling, living in the past or looking back. Rather, he says the country needs to embrace the technologies of the future, and we need to stop deriding those who innovate these ideas.

http://baltimorepostexaminer.com/elon-musk-shervin-pishevars-hyperloop-maps-d-c-baltimore-route/2018/04/03

OSI Group Merges with Top Australian Food Processor

What happens when arguably the best American food processing company merges with one of the finest food processors in Australia? Well, two great companies get even better. More importantly, the true winners are customers who get a lot of delicious food at a fair price out of the deal.

That’s what happened recently when OSI Group merged with Australia’s Turi Foods. It’s a 50/50 merger between one of the world’s largest international companies with an operation many consider the premier food processor Down Under.

Turi Foods operates plants in Thomastown and Geelong, Victoria. The company’s processed products are handled in Broadmeadows, also located in the state of Victoria. Turi is among the largest poultry processors in Australia. It customers include supermarkets, fast food restaurants, butcher shops and specialty chicken retail outfits.

Turi was established by Italian immigrant Sam Cuteri in 1976. He first shop was little more than a shed where Cuteri processed 300 chickens a week by hand. It’s a history similar to the origin of OSI Group. It was also started by an immigrant — in this case, a German immigrant who came to America in 1907.

Otto Kolschowsky set up a small retail meat market and butcher shop in a Chicago suburb in 1909. By 1928 his two sons, Arthur and Harry, had joined to create Otto & Sons, a thriving retail and wholesale operation.

Things really took off for Otto & Sons in the 1950s when the made a handshake deal with a man by the name of Ray Kroc, the founder of McDonalds. Kroc and his revolutionary fast food model spread rapidly across the United States and the Kolschowsky boys supplied the fresh beef.

Otto & Sons became OSI Group in 1975. The rapid growth of the company has continued to present day. OSI Group operates 65 plants in 17 nations. Forbes places it as No. 58 on its list of America’s largest privately owned companies. It has revenues in excess of $6 billion annually.

The merger with Australia’s Turi Foods is yet another chapter in one of America’s most storied food processing operations.

https://www.crunchbase.com/organization/osi-group