Category Archives: Investment

How Stream Energy Takes Action Within the Community in Times of Need

Stream Energy is known for the many services it provides to its customers, which includes not only services for energy, but also for wireless connections and protective home services. This leader in the energy field was recently the topic of an online article that featured its new philanthropic foundation. Known as Steam Cares, this foundation recently stepped up to help victims after Hurricane Harvey created a path of destruction that left many people homeless in the Dallas area.

When Hurricane Harvey hit the southwestern region of the United States it not only delivered 56 inches of rain, it also created devastating effects that destroyed homes as well as people’s lives. The active role Stream Energy took in helping these individuals rebuild their lives is in keeping with the company’s philosophy on philanthropy. As a company that has been contributing to charitable efforts for more than 10 years, it came as no surprise to see them launch their own caring foundation. The new Steam Cares foundation simply formalizes the company’s process of helping.

The process of creating a separate foundation specifically for the purpose of aiding charitable efforts, is something that is relatively new to the corporate world. As the leaders at Stream Energy have seen with the community involvement after the fatal blow struck by Hurricane Harvey, this type of foundation has many benefits. Not only does it allow a company to give back to their community, it also helps them gain the respect of the general public, which could lead to the acquisition of new customers.

The help Stream Energy provided to the community of Dallas after Hurricane Harvey, is just one of a long line of charitable efforts put forth by this company. Stream is currently partnered with Habitat for Humanity and the Red Cross, where it helps stimulate action for giving at the local level. This company also takes action against homelessness in the Dallas area by partnering with an organization known as Hope Supply Co. With a 24 percent increase in the city’s homeless population, Hope Supply helps provide clothing, diapers and school supplies to homeless children.

GreenSky Credit-A Valuable Financial Technology Lender

GreenSky LLC (formerly called GreenSky Trade Credit, LLC) was founded in 2006 as a financial technology organization based in Atlanta. It offers technology services to merchants and banks for making loans to customers. The loans could be for healthcare, home improvement, and solar purposes. GreenSky credit program gets its funding from state-chartered, federal, and federally-insured financial companies. GreenSky credit program has lent about $5 billion from 2012 to 2016.

How does the company operate?

GreenSky company exists among fintech companies such as Lending Club Corporation since it doesn’t spend its capital on loaning processes. The company makes loans available through its GreenSky mobile app to its merchant customers ranging from retailers to self-contractors who deal with items like furniture as well as advancing home services such as window replacement and roofing. GreenSky Credit firm offers other services such as elective medical procedures and the use of credit cards to cater for the enormous projects from its customers. It provides loans to its customers at a fixed period and a fixed interest rate which has contributed to its business expansion.

Capitalization and valuation

The organization was started in 2006. In 2016, the company generated a capital of $50 million and established a lending plan of $2 billion with Cincinnati’s Fifth Third Bancorp. The move led to GreenSky being rated at $3.6 billion, an improvement in its valuation since its 2014 $300 million fund-raising round. The earlier rounds included investors like QED Investors, TPG, Iciniq Capital, Wellington Management, and DST Global.

The valuation of GreenSky Credit in 2016 groups it among the most valued privately owned startups in financial technology. In 2018, the company set its IPO stipulations to 34.09 million stocks at $21-$23.

Employment and management

Currently, the firm has employed at least 1000 staff. The main representatives include;

  • David Zalik- co-founder and CEO since 2006
  • Tim Kaliban- Chief Risk Officer and president
  • Gerry Benjamin- Vice Chairman

An overview of David Zalik

Mr. David Zalik serves as the CEO and Co-Founder of GreenSky, LLC. He is also the Chairperson of the Board of Directors. Mr. Zalik has also co-founded other organizations like Phoenix, LLC, The Rockbridge Commercial Bank, and The Resource Institute. At RockBridge Commercial Bank, David Zalik was a Director. He worked in the Board of Directors on the Marcus Community Center, Hands on Atlanta, and the Jewish Federation of Greater Atlanta.

Mr. David Zalik is a qualifier for 2016 Entrepreneur of the Year. Other awards he won include;

  • 2000- Abe Schwartz Young Leadership Award
  • 2003- Catalyst Year’s Entrepreneur Award

https://en.wikipedia.org/wiki/GreenSky

Stream Energy, A Company That Cares

Stream Energy is an energy provider based out of Texas that has grown to serve several states in the eastern United States. However, energy services isn’t the only area that Stream Energy cares about.

Recently, Stream Energy created the Stream Cares Foundation to give back to the community. It was founded to help out those in Texas who lost their homes in the wake of devastating Hurricane Harvey from mid 2017. In this catastrophic hurricane, over 50 inches of rain hit Houston and surrounding neighborhoods. Many people fled the area and came back to find their home and possessions destroyed, and were then forced to become homeless.

Stream Cares is helping Texans recover from the storm by providing aid. They partnered with Hope Supply Co. to help provide essentials and new opportunities to these homeless individuals. The company had also built up relations with both Habitat for Humanity and Red Cross, so each organization can further help one another reach the goal of ending homelessness caused by Hurricane Harvey.

Stream Cares and Hope Supply Co. partnered to cover the meal and enhance costs for over 1000 homeless children for the Splash for Hope event at a local waterpark. In addition, they’ve provided homeless families with essentials like clothing, school supplies, baby supplies, and more.

But Stream has been involved in local philanthropic efforts long before Hurricane Harvey. In 2016, for instance, the organization helped Texans after a devastating tornado by raising thousands of dollars in aid and matching donations.

Stream Energy is a successful energy provider that utilizes an innovative direct selling method. These direct sellers and the company’s unbeatable products and customer service has lead to massive success and a loyal customer base for each individual salesperson. The company sells both commercial and residential plans, with a plan to fit every customer’s needs regardless of budgetary concerns or energy needs. Corporate philanthropy has always been a part of the energy provider, but Stream Cares is their biggest and boldest philanthropic venture to date!

http://www.stephenvilletexas.org/list/member/stream-energy-the-toles-group-3912

Market America: Witnessing Remarkable Growth

Market America was founded in 1992. It is a brokerage and internet marketing firm. It specializes in social shopping and one on one marketing. Market America has a solid motto of providing a system and platform for entrepreneurs to make a continuous income while helping the consumers to have a perfect way of shopping. They are committed to building the economy of the future through revolutionary technology. They have a shopping site online, which contains the most significant number of retailers offering services and products to over 35 million consumers. Its business model functions by combining the scope and power of internet while personalizing social shopping and one on one marketing. They avail the needs of the customers and meet them accordingly.

Market America’s headquarter is Greensboro in NC. They offer employment opportunities to many individuals from all over the world without discrimination. It has over 800 employees from different locations. It has international operations in places like Canada, Australia, Hong Kong, Singapore, United Kingdom, Mexico, the United States, Spain, and Taiwan. The company boasts in its ability to generate more than $7.3 billion through accumulated retails sales with Unfranchised Owners and Distributors. They have received a commission worth $2.4 billion together with estimated retail profits since it was founded. The company is bold enough to bring together people’s power and internet into social shopping and one on one marketing strategies. Due to this fact, they are shifting the mode shopping in many people’s lives and ensuring that they become more financially stable and independent. This is also possible when it comes to creating an economy for oneself. It provides that the individuals live lives that are free from any financial constraints. Everyone wants freedom n financial matters, and that is what the company is committed to. They are busy developing an economy that is based on building the product that has been powered by people. Market America s affiliated to Shop.com in various ways throughout their business models and functions. Some of the employees include Anthony Venus, Gian Uy the senior middleware architect, Lisa Moffa, Dafna Harrison, and the owner Andrew Rosser. Currently, the business has 8,896 followers on LinkedIn.

https://www.crunchbase.com/organization/market-america

A Few of Shervin Pishevar’s Grim Predictions Expressed on Twitter

After more than two months of not sending out tweets, Shervin Pishevar let out a rant that lasted 21 hours. It included 50 points that touched on different topics like the stock market, bonds, technology, and bitcoin. For the most part, Shervin Pishevar had some grim predictions about the future of the US economy.

This Twitter rant came in response to a drop in the stock market on February 5, 2018. In fact, it is one of the biggest drops that the stock market had seen in years. Shervin Pishevar expressed concern about that drop and had a grim forecast saying that things were going to get even worse. He feels that the stock market is going to continue to experience slippage, predicting that it will lose an aggregate 6,000 points in the months to come.

One of the solutions that the government often uses to fix a decline in the market like this is quantitative easing. After his prediction, Shervin Pishevar said that people shouldn’t be surprised if leaders start talking about using this tool. However, he said that no one should be fooled by it. He thinks it is a tool that has been used too many times in the past and will not continue to be effective.

Another point that Shervin Pishevar made in this Twitter rant had to do with the entrepreneurial spirit becoming borderless. In the past, Silicon Valley was an area that had a stronghold on ideas and talent. It was backed by investors. However, this entrepreneurial spirit is something that is starting to be seen around the world. One of the examples he gave was about a train station being constructed in China in under 10 hours. Talented individuals from other countries no longer need to come to the US to get their ideas going. This is something that’s good for the global economy. However, it is not good for growth in the United States.

It seems like the bull’s-eye that Shervin Pishevar is getting at through the 50 tweets he sent out basically have to do with realizing that a new system needs to be built from the ground up.

https://medium.com/@shervin

Philanthropy and Stream Energy

Stream Energy is a direct sales company that is currently located in Dallas, Texas. They primarily deal with energy related marketing and keeping their consumers connected.

Leslie Kennedy of the Dallas Patch recently sat down with Stream Energy to discuss the wonderful work that they exhibited in the wake of Hurricane Harvey in 2017. Due to the success of the company, they were able to launch a charity organization of their own known as ‘Stream Cares.’ Stream has worked with several charitable groups in the past like Habitat for Humanity, the Salvation Army, and the Red Cross. However, since this devastation was so close to home they teamed up with an organization knows as the Hope Supply Company.

The Hope Supply Company was founded to provide homeless children with clothes, food, and even with fun activities to do. Stream Energy had not considered philanthropy on this scale before the plunder of Harvey, but they agreed that there was no other choice than to help the awesome people of Texas in an extreme way.

Stream Cares uses funds that the company earns through their widely successful sales to help benefit the people of Dallas, as well as people located in surrounding areas. They also reach out to local veterans and veteran families to provide exciting events like barbecues. They also reach out to children of veterans to provide special toys and experiences for them, like dining with brand new American Girl Dolls at the American Girl cafe.

They also teamed up with the Salvation Army in 2016 by sending both volunteers and by matching thousands of dollars worth of donations to help with the devastating North Texas tornadoes. Through helping the families cope and by helping people start over, the company made a big difference.

Overall, Stream Energy loves to help out local people who are struggling. They consider themselves successful not just because of their sales, but also because of the huge difference they get to make in the lives of thousands of people each year. The employees of the company love helping everyone that they come into contact with

https://twitter.com/mystreamsocial?lang=en

Sahm Adrangi: The Financialist To Watch Out For

Sahm Adrangi has led a brilliant career in the field of finance and continues to do so with the company that he founded, which goes by the name of Kerrisdale Capital Management. Kerrisdale was founded by Adrangi after he spent a few years working for other financial companies. With Kerrisdale Capital Management, Adrangi has been gaining a growing amount of popularity among financial costs circles and in the industry. Today, Kerrisdale Capital Management handles investments that go into the millions, and are all supervised and carried out by Adrangi himself.

One of the first endeavors that Adrangi took on in the field of finance was working for company known as Chanin Capital Partners, where he worked with clients who were on the brink of bankruptcy to help bring them back on their feet. He had to think innovatively in the field, and went on to learn extremely valuable things about the field. His fluency with financials showed in the work that he did, which helped him in his rise up the corporate ladders.

Another company that Adrangi worked for in his initial years was Longacre. Adrangi served as an analyst at the firm and brought in a good amount of clients to supplement the profits that the company saw. He was a notable member of the financial firm and was another stepping stone towards one day being his boss and taking on the financial industry.

Today, Adrangi can safely say that he is at the top of his game, and is one of the more notable players in the field. He is known for his out of the box investment strategies that he likes implementing. He analyses financials in a way that no one else does and finds a way to seek the best opportunities for him and Kerrisdale Capital Management. Having had such an expansive career in a variety of financial facets and having worked with so many different types of clients has indeed helped Adrangi rise to be the leader that he is today. With his efforts and dedication to the company, Kerrisdale is soon on its way to becoming one of the more well known financial and investment firms in the country.

Read More: www.crunchbase.com/person/sahm-adrangi

Things You Need to Know about Richard Blair

Richard Blair is the founder of Wealth Solutions Inc, a firm that focuses on offering diverse financial solutions to its customers. The enterprise provides financial help to all interested parties in the surrounding areas including affiliate individuals, companies, sole proprietors, among many others. The firm has grown faster over the past years and has seen a vast number of individuals deal with their financial issues and efficiently meet their needs even in the tough economic times. Richard has extensive experience in the field of entrepreneurship and has been working in the commercial area for an extended period. Learn more: https://www.linkedin.com/in/richard-blair-bb6772108

Wealth Solutions Inc has always strived to employ all the unique and most modern strategies to ensure that it keeps carrying out its operations efficiently as well as stand out among its competitors. The leaders of Wealth Solutions Inc are not only dedicated to offering the best services to their clients but also have a great passion towards designing the highest quality of products to ensure reliability. The financial firm has established its operations in a vast number of areas including Georgetown, Marble Falls, Houston, among many other firms in the country. It has thrived even in the hard economic times and successfully offered its clients with the exact products that they request. Besides, Wealth Solutions Inc has endured many challenges that act as a barrier to most firms and sometimes lead to their closure.

Richard is among the significant contributors to the success of the firm and his commitment towards achieving the best has seen him succeed in his venture. The renowned entrepreneur has vast knowledge in the financial field and is always ready to offer his expertise and advice concerning business-related issues with his clients as well as any other individual that shows interest. Over the past years, Richard has learned and acquired a lot about the field of finance thanks to his well informed and business oriented family members, who always had a profound dedication towards sharing their knowledge with him.

Richard is change-oriented and has always been prepared to adapt to new ways of conducting business due to the various emerging issues in the field of business. Under his management, Wealth Solutions Inc has successfully maintained a great reputation fro itself, and the company continues to receive a lot of accreditation as well as industry recognition from other firms and professionals. He does not turn back and always has a high drive towards achieving the best in all his ventures.