Amid towering growth, GreenSky quietly considers IPO

GreenSky Credit has become one of the hottest names in the fintech industry. The company was founded in 2006 as a way to allow homeowners looking to complete high-end renovations to access short-term financing that would allow them to complete their projects. Since then, GreenSky has branched out into many different markets, including roofing, dentistry and elective medical procedures.

Continual growth

At first, many analysts who follow the fintech sector thought that GreenSky had a rather pedestrian business model with little available market growth. But that has proven to be as far from the truth as one can possibly get. It has been the very simplicity of the GreenSky model, which many investors and fintech analysts initially though was so boring, that has allowed GreenSky to continue to experience soaring year-over-year growth. The fact is that when something works so well in one industry, the chances are that it might work well in others. This is exactly the principle that has fueled the breakneck growth of GreenSky.

Now, the company that has grown from a complete nonentity 13 years ago to a firm doing billions of dollars in new loan origination each year is mulling a possible IPO. While Zalik has remained tight lipped about the prospects of his firm going public, initial filings have been received by the SEC. This does not mean that the company is bound to go through with an eventual IPO. But these types of filings are good indicators of future public offerings.

And with a company that now boasts 650 employees and an estimated value of somewhere around $5 billion, the time for an IPO may never have been better. The company’s growth in loans underwritten has been nearly exponential, with $2 billion in loans completed in 2016 and double that number done in 2017. With these kinds of stats, it’s a near sure bet that the company will be a hot trade if and when it does decide to go public. This has led some analysts to estimate that the company could raise as much as $10 billion in a public offering, making it among the most valuable fintech firms in the world.

Shervin Pishevar Sees A Major Storm Approaching The Economy

There are many people that are under the impression that Bitcoin is dying, but according to Shervin Pishevar, they couldn’t be more wrong. While Bitcoin and other cryptocurrencies may have experienced a significant drop in price, he doesn’t believe that it will take very long for the value to rebound. He talked about Bitcoin and other topics affecting the economy in a recent Tweetstorm that spanned around 21 hours and marked his return to social media.

Shervin Pishevar, a major investor of Uber, is cautioning the world that the economy in the United States is about to face a major financial storm that could have prevented. With recent drops in the stock market, many people who originally dismissed his claims are taking a second look and are questioning if they are that far off from the truth. The issues that he sees taking a toll on the economy here include inflation, isolationism, and many more.

The state of the United States’ infrastructure has been a topic of conversation for many years now and Shervin Pishevar is predicting that it will get worse. Politicians are telling the people that these projects are just too big to complete quickly and that they must have patience as bridges and other important infrastructure are crumbling. Private firms like the Hyperloop are proving that these claims are necessarily true. Other examples include China where they were able to construct an entire train station in a matter of hours. The capabilities of other countries and private firms have many, including Shervin Pishevar, questioning why we are having these problems and why seemingly little is being accomplished to fix them.

Along with our bridges crumbling, he sees Silicon Valley as soon to be imploding in on itself. There are just a few companies that have control over the area and Shervin Pishevar predicts that they will soon be losing their Monopoly as they continue to lose the trust of their users and customers. While originally Silicon Valley was a physical place, it has become more of a movement that is taking place throughout the United States and the rest of the world.

http://summit.vanityfair.com/speakers/shervin-pishevar

A Look At What Market America Makes Available To Travelers

Market America, Inc., is an internet-based company that does both one-to-one marketing and social shopping. They are headquartered in Greensboro, North Carolina, and were founded in 1992. Those who choose to become entrepreneurs with them can create an ongoing income stream by selling products through their own website. They also give regular shoppers a better way to shop on their website, shop.com, which has over 35 million products and services for sale.

At Market America they have a blend of both exclusive items and popular items for sale. They have over 800 employees around the world including in the United Kingdom, Spain, Canada, Taiwan, Hong Kong, Mexico, and Singapore. They have sold more than $7.3 billion in products and services since being founded. Their independent distributors along with their unfranchise owners have collected more than $2.4 billion in commissions overall.

Many families enjoy taking their vacations during the summer. The kids are out of school and the weather is usually great in most places. Market America sells a full line of travel products people can use during their vacations including many essentials. One of their most popular line of travel products is the Royal Spa Travel Kit. This is a great alternative for those people who don’t like using the soaps, shampoos, and conditioners that hotels offer to their guests. This kit includes both a bath and shower gel, a tri-protein conditioner, a shampoo scented with chamomile, and a structure gel.

Market America also offers a premium natural toothpaste for travelers to use while on the road. This product includes papain and bromelain which help to whiten teeth. It also contains natural calcium carbonate which is a polishing agent. It is flavored with xylitol, stevia, and natural flavors and comes in a mint flavor. They also offer the Skintelligence Travel Kit which is just $29.95. This includes five skincare products such as a moisturizer and revitalizer. This helps people protect their skin out in the sun. Since vacationing usually involves a lot of outdoor activities these products help protect skin from the sun while keeping skin smooth.

https://www.meeton.com/profile/market_america/

Consistency Key To Success For Alexandre Gama

Alexandre Gama has been working in the Brazilian advertising industry for over 35 years. His key to success has been doing great work with consistency and striving for innovative ways to express creativity.

Gama has been the CEO of the Brazilian agency Neogama since he founded the company back in 1999 after two decades working in various capacities in many other agencies. A 1982 graduate of Armando Alvares Penteado Foundation, Gama worked tirelessly as a copywriter for the first 8 years of his career. This is where he gained a reputation as one of the best writers of the last quarter of a century. After moving onto a few other agencies as a copywriter and creative director, Gama felt the urge to become an entrepreneur and started Neogama. The company has become one of the most widely recognized agencies int he world, winning over two dozen Golden Lion Awards at the Cannes Film Festival.

Sahm Adrangi Is Onto Another Biotech Firm, Proteostasis, Calling Out Their New Drug Results

Kerrisdale Capital issued a negative report last week on the biotech firm, Proteostasis. Proteostasis recently made claims of developing a new drug for cystic fibrosis patients that is able to increase lung performance dramatically. Though the data they have presented is not very good and they have been highly transparent in their testing. This is what urged Sahm Adrangi to do some digging on the company, allowing Kerrisdale analysts to go over the data. Sahm Adrangi is a high-profile investor that has tackled other problem companies in the past and to great success actually. His reputation is good and many in the business world are ready to follow his lead, especially other investors to his successful track record.

This new drug that is being produced by Proteostasis had an extremely small sample size, consisting of just four individuals. For a disease like cystic fibrosis, claiming to have made a breakthrough is a big thing, and this is shattered when looking at the true data, which isn’t in good shape to begin with. According to Sahm Adrangi, Proteostasis’ has very messy data that cannot be understood easily. There results that have announced aren’t even accurate in their own data. With a sample size of four patients, results are skewed and possible just placebo. For a biotech company, offering data that has no actual information or results to be seen is a very bad thing. Whether its due to poor testing or bad management, either way, it’s shady for the business.

Sahm Adrangi’s statements and the report issued by Kerrisdale has had a noticeable impact on Proteostasis already, causing their share value to dip more than 15 percent since the report was released. This also caused the biotech firm to sell nine million of their own shares to recoup money for their continued testing. With that said, Proteostasis currently has more than 70 percent of their stock value invested in their drug, which could prove fatal for the company if it is not effective for patients.

https://www.kerrisdalecap.com/firm/sahm-adrangi/

Doe Deere Puts Her Stamp on Cosmetics

Doe Deere has become a very popular person in the cosmetics industry. People that are fans of the Lime Crime brand know exactly who she is. She is someone that has founded the company that caters to people that are looking for an alternative brand.

No longer are the rules of gender specified for makeup anymore with Lime Crime. People that have been tired of the same different shades of red are getting a chance to see aqua, orange and purple colors of lipstick with Lime Crime. This is what the brand is all about. Doe Deere is reshaping the way that consumers perceive cosmetics.

Doe Deere has been able to do this with a great level of clarity because she is building a brand that does not look like anything else that is out there. She is not out to look at what the rest of the competitors are doing (http://www.phillypurge.com/2017/06/05/finding-your-business-niche-like-doe-deere/). Doe Deere is standing her own ground and building the company the way that she wants to build it. This has allowed her to gain a significant amount of respect from consumers that would much rather connect with a brand that is original and designed with a completely different way.

It is obvious that people are looking at what Doe Deere is doing with the Lime Crime brand. It has received more than a million followers through Instagram. This shows that people are excited about this brand of cosmetics and they are paying attention to what Doe Deere is doing next. She knows that her fanbase is loyal, and she also makes videos where she shows people how to apply makeup. This is great for the brand because it allows her to promote new products while she shows people how to utilize what she is selling.

The great thing about Doe Deere and her ability to market the brand and this way it is the amount of money that she has saved when it comes to advertising. She does not fall into a traditional operational structure. This has allowed her to cut her operating costs drastically. Learn more; https://ideamensch.com/doe-deere/

She does not have to worry about what the competition is doing when it comes to television commercials. This is not anything for her to worry about because she has a solid connection to the internet users. This allows her to gain quite a bit followers without having to spend money on advertising.