David Zalik is the CEO and co-founder of the incredibly successful GreenSky Credit, a lender specializing in business loans used to help companies grow and homeowner’s achieve their dreams. This powerhouse company was operating from David Zalik’s basement where it has grown to boast a $3.6 billion dollar valuation. Today, David still owns over half of GreenSky Credit, which has propelled him to incredible wealth.
A Unique Approach
One of the reasons why GreenSky Credit is so successful is because of their unique approach to business. They are able to harness the power of third parties to do all of the labor-intensive work, while they are able to cash in on the profits from the endeavor.
In many instances, GreenSky Credit enlists the help of home contractors to market the loan to the homeowners. GreenSky then obtains funding from any of their 14 different partnering banks. GreenSky makes a profit from a percentage of the loan amount and also is paid a percentage of the yearly balance of the loan through the funding bank. Essentially, GreenSky is paid to service and generate the loans for the banks. They are the middleman between the homeowner and the bank while working through the contractor.
GreenSky Credit has managed to capitalize on a niche they created and has generated 1.2 million customers with unsecured loans since the company began in 2012. Estimates of performance by market experts predicted that the company would see in excess of a 25% profit margin, which is partially based on their performance in the last 5 years.
David Zalik’s vision for his company and a groundbreaking approach to lending has created a healthy environment for his company to continue to prosper. He started from humble beginnings assembling computers in college to working his way up to becoming a business visionary with his sights set on the future.
Shervin Pishevar is renowned for his accurate predictions on the economy and technology aspects of the United States of America. Basing on history of his predictions, Pishevar has the ability to identify opportunities and make appropriate decisions long before realization of its effect to the public. The growth of his career in the investment industry transcends all other personalities in the industry. Pishevar is the founder of An investing firm. He has also invested in multi-billion tech companies including Airbnb and Uber. Besides, he is popular for his controversial tweets on diverse topics on status and trends of the United States.
In one of his 50 tweets that he sent over a 24 hour period, Shervin Pishevar criticized the Unicorns for their recent moves in acquiring startup competitors. According to Pishevar, old forests should burn out to make room for the new. He mentions Microsoft, Amazon, Google, Apple, and Alphabet as the big five unicorns in the United States that may lead to a downfall of the country’s economy. Basing on his extensive experience in the business world, Shervin Pishevar warns against buying of the small companies by the unicorns stating that this would cripple the national system.
Gundlach predicts a 3% yield on the 10-year Treasury will spell the end of the bull market https://t.co/iVWb7KCgQ2
— Shervin Pishevar (@shervin) March 18, 2018
In the tweet, Shervin Pishevar demonstrates how startup companies are gradually getting absorbed by the unicorns. He blames the corporate world for the collective blind eye to impending effects of the trend. Pishevar emphasizes on negative impacts of the power and influence of these unicorns to the nation. He considers the five companies as monopolies in the technology industry. Pishevar remains adamant on his negative perspective of economic giants built on monopoly frameworks. He clearly demonstrates his worry on future of the economy if the unicorns continue to dominate and buy out the small competitors.
Although none of his predictions can be guaranteed, it is suicidal to assume the 50 tweets. Any business owner and investor should take to consideration the warnings and make individual assumptions. Shervin Pishevar’s track record on identifying trends and making timely investment decisions is admirable. Most of his past predictions and follow-up decisions have been right. Hence, more reason to look into the tweets other than brushing them off.
For the past decade, one company that has continued to provide very innovative products and solutions to its customers is Talk Fusion. Talk Fusion is a leading provider of video visitation and chat services that have been used by thousands of customers across the world. The products and services that the company provides have given its customers a convenient way of connecting like never before. Learn more: https://www.prnewswire.com/news-releases/talk-fusion-releases-exclusive-training-program-talk-fusion-university-300478963.html
Traditionally, Talk Fusion has been known for its video chat services. The service that the company has provided give a company or consumer a very clear image that can be used to make two parties feel as if they are located near each other. The company, and its CEO Bob Reina, have continued to look for new ways that they can enhance the service or come up with additional products that they can provide to their customers to give a better overall experience.
The company recently announced that it would be adding new products to its already strong product and service line. One of the newest services that the company will be adding is a new produce dashboard that is compatible with the already existing Talk Fusion product line and video suite. The new dashboard will give a business owner a clear look that will be very user friendly. The dashboard will allow a user to make a call, monitor the progress of the call, see who is in the call with them, and a variety of other valuable services.
Talk Fusion is not only providing new products and services to its customers, but it is also finding ways to make them more affordable through efficiency. While there are competing companies that can provide video visitation services, Talk Fusion continues to provide the best overall service at an affordable price.
The company has also taken many of their products and services to the next level. This includes providing customers with the ability to use the Talk Fusion services for social networking purposes. The company can allow an organization to build a personalized social network on the new dashboard, which will allow members to communicate directly and learn more about each other. Members who use the dashboard for the social media purposes will also be able to send messages to each other while they are offline through text messages, video messages, and email. This can help to keep people connected even when they can’t live chat.