Sit Down And Have A Drink With Eric Lefkofsky

Eric Lefkofsky is the current CEO of Groupon and founder of Lightbank. He also teaches business at the University of Chicago. Eric recently sat down and had an interview with A Drink With at the Motel Bar, a place he frequents regularly for a great southwestern chicken salad and french fries. He calls them his staples.

He explains that things can get a little tricky when trying to shut down for the day, spend time with his family, or when people ask him about his fascination with money he has had since he was a child. He goes on to explain that the value of what you want to do can be measured by outside means. For example, he explains to his interviewer that doctors are judged by the number of lives they save. Lawyers are judged by the number of cases they win, or where they are in a big firm. Young entrepreneurs are judged based on how much money they can make. Yet, now that he is only focusing on few companies rather than many, he is enjoying himself much more.

However, he also warns up and coming entrepreneurs to not focus singly on just making money. At some point, you are just going to have more than you could ever handle. Sometimes, you need to splurge. He also says that sometimes people overlook important details, such as the age of a company, and jump right into being negative. Sometimes people have a harder time dealing with that, but it is all okay. What you need is a drive to succeed, and the ability to take few moments and take care of yourself too. For example, he flew private after one of his first ventures and it was life-changing for him, and after another, he spent some time traveling. He says being logical and keeping your emotions in check make for strong qualities in himself which helps him in his ventures.

Sure he has been getting some grief in the media and his life as of late. However, looking through the interview with him shows that sometimes, people are people and they have lives and interests just like the rest of us.

Adam Milstein’s Journey of Giving

Philanthropists are some of the people with the most exciting history in life. Adam Milstein and his wife Gila happen to be among those people who will be remembered for their philanthropic hearts. They are the founders and co-financiers of Adam and Gila Milstein Family Foundation which happens to be a very large charitable and charitable organization that aims at extenf=dinf its services to the Jews, the state of Israel and also the relationship between the United States and even Israel. His part of philanthropic mission ranges from partnership development, consulting and also helping in fundraising in support of the programs ranging from the areas of Jewish Continuity, Jewish Education and also something called Pro-Israel Advocacy. He operates on several principles, i.e.;

 

  1. Active Philanthropy whereby MFF or that Milstein Family Foundation invests in even expertise and also their times towards helping these programs, organizations and all the projects that they support.
  2. Life Paths Impact. That is through funding the organizations that extend their hands towards great development and also organizations.
  3. Philanthropic Synergy. This is where he provides finances to companies aiming at helping them in their mission for humanity. He will assist philanthropic organizations in ensuring that he helps them achieve the best in their career.

 

In his capacity as a philanthropist, he happens to have founded the Israeli-American Council and happens to be the national expansion chair. He is also privileged to be sitting on the boards of several organizations, eg, Israel on Campus Coalition, StandWithUs. Jewish Funders Network, Hasbara Fellowships, Birthright Israel, American Israel Public Affairs Committee and also Stand By Me.

 

Adam Milstein is from Haifa, Israel and that is where parents of different nationalities bore him. His mother was a homemaker while the father was a renowned real estate developer who had passion in his career and also believed in inspiring others. Adam Milstein joined the Israel Defense Forces at 19 years where he was able to represent Israel on various war fronts. He then joined the Israel Institute of Technology, and that was when he joined his dad in the real estate business. Adam Milstein today is the founder of several properties management companies and has been hailed for his considerable expertise.
https://www.youtube.com/user/AdamMilstein

Jeunesse and Y.E.S. Still Thrive 10 Years after Company Launch

Jeunesse Global, a company that launched on September 9, 2009 at 9 p.m., continues to expand its Youth Enhancement System line. By the way, Jeunesse attributes the number nine to longevity, and the founders say they want to “not only survive but thrive.”

 

Jeunesse continues to thrive nearly 10 years later. Y.E.S. products now appear in about 130 countries around the world. One of the latest skin care additions to the Y.E.S. line is the NV primer, which provides the face with an airbrushed finish using a spray nozzle. It fills all pores and creases to produce a smooth look much like the consumers using this cosmetic product might have had in their 20s.

 

The NV product also provides aloe for soothing the skin and contains the proprietary APT-200 ingredient for enhancing the skin’s elasticity. This foundation also is said to provide the skin a glow, and it tested as one that lasts at least eight hours.

 

Two additional Y.E.S. skin care products also provide age defense: Instantly Ageless and Luminescence. The Instantly Ageless microcream is said to work as soon as only two minutes after applying it. Benefits reportedly include a toned, lifted skin and is said to last at least six hours.

 

The other anti-aging product, Luminescence, is stated as one that produces a smoother, softer skin appearance. Jeunesse reportedly created both the Instantly Ageless and the Luminescence products to remove fine lines, wrinkles, visible pores and puffiness.

 

In addition to the Y.E.S skin care collection, Jeunesse also carries nutritional products such as a powdered antioxidant drink called RESERVE, a memory aid called M1ND, and both the daytime and nighttime AM and PM Essentials tablets. They have a total of 10 Y.E.S. products in all including both the AM and PM supplements, energizers drinks, and free radical defense formulas.

 

https://www.jeunessemy.com/

Stream Energy Patch Announces their New Philanthropy, Streams Cares

Hurricane Harvey was one of the most devastating calamities in the country’s recent past. The storm left in its wake destruction of property and livelihoods and many were left stranded. However, one company, Stream Energy, took the opportunity to give back to the community by helping those affected to get recover from the calamity and ease their financial burden. Stream deals with energy sales. Their initiative has really helped ease the homelessness which was occasioned by the hurricane.

The company states that they feel that helping and giving back to the communities in which they operate their business in, is part of their DNA. They added that under the current name of their philanthropy, Streams Cares, they hoped that they would reach and help more people affected by the storm. The move to name their charity is just a formality to a process which they have been participating in for the past twelve years. The assistance that Stream Energy has given is a great example of how companies in Dallas are using charity, philanthropy to give back some of their proceeds to the people who need them in the society.

The idea of launching a philanthropy arm as a separate entity from the rest of the business is entirely new in the country. Streams Energy are therefore breaking new ground in corporate social responsibility in Dallas and the country. The company has strategic partners who help in driving local and grassroots giving. For instance, they have partnered with the Red Cross and the Habitat for Humanity to drive their CSI.

Their business model is actually quite simple. They usually make direct energy sales. Through these direct sales, the company is able to create a good network of corporate and loyal clients. They are also able to offer residential and corporate services. Stream Energy salespeople earn commissions based on the sales which they make. They achieved their goal in Dallas because they partnered with hope. This organization offers items such as diapers and other supplies for homeless children. Stream Energy associates are also fond of meeting the people who they work with, which makes them the organization with the biggest heart in Dallas.

https://www.uschamberfoundation.org/organization/stream-energy

Shervin Pishevar take on US Economy

The unconventional venture capitalist took to Twitter to share his thoughts regarding the US economy. He shared his thoughts elaborately in a tweet storm for 21 hours, giving out 50 points explaining why the U.S. stock market will drop by averagely 6000 points in the few months to come.

In one of the tweets, he touches on government bonds and explains how their power are not limitless in recorrecting the market. Shervin Pishevar goes on to say that quantitative easing, a process that involves central banks purchasing bonds, is a tool that can correct the market. However, he argues that this tool has been used so much to continue being useful.

Shervin Pishevar argues in another tweet that inflation has been exported. He critiques the notion that the American economy is trending upward globally saying that he doesn’t find inflation a remedy. Shervin Pishevar goes on to express his lack of faith in global trade deals under the present administration. Shervin also touches on big funds, particularly Volatility Indices and Managed Future Funds. He predicts failure and believes there is a reason to expect a significant risk.

Some of his other predictions include instability of bonds will affect other markets and Bitcoin will drop significantly but slowly rise again. When it comes to infrastructure, the country will lose to a country like China, with the few numbers of start-up companies, the large companies will continue to hold much power, among other arguments concerning the country’s economy.

Shervin’s sudden twitter outburst is difficult to parse. It is not clear why he chose to air his views on economic issues of the country, or whether the return has something to do with the lawsuit he dropped the previous day accusing Definers Public Affairs of conducting a smear campaign against him. However, his concerns appear to be beyond the 6000 points decline he is foreseeing. He briefly mentions the challenges within nationalism, politics, and cultural trends. For all we know, there might be a bullseye within his 50 tweets.

http://www.shervin.com/

Sahm Adrangi of Kerrisdale Capital Management

Sahm Adrangi, the founder Kerrisdale Capital Management, is reputable for maintaining an excellent growth trajectory that has seen him increasing assets from $1million to $300 million between 2009 and 2014. As the CEO of the research-based Investment Company, he manages the operations that involve making long-term investments and driving unique business situations. Sam started the firm in 2009 after exiting from Longacre Fund Management where he was responsible for the management of more than $ 2 billion worth of debt.

Sahm Adrangi became popular in the realm of investment banking after his exposure of a fraudulent Chinese firm in 2010. His research is accredited for fostering the legal actions that were taken against these Chinese firms. His pioneering work at Kerrisdale drove him towards correcting popular misconceptions regarding concerning stocks including the underestimated longs as well as the overhyped shorts. Currently, he is primarily involved in the biotechnology, telecommunications and the mining industries.

Aside from being an investments activist Sahm Adrangi also acts as a guest speaker in several conferences such as the Sohn conference. These roles have enabled him to be featured in various publications including the New York Times. He was selected as one of the Titans in a 2014 Hedge fund survey. Sahm Adrangi is also celebrated for multiplying investor capital up to 10 times, which enabled some of his customers to reach high annual targets.

  1. Adrangi’s success in entrepreneurship offers a refreshing view of the frequent complaints as well as regulations that are characteristic of the business world. He has managed to overcome the rising costs coupled with the institutionalization that are common in the hedge fund industry. His determination also enabled the firm to overcome the strong barriers of entry that have made it almost impossible to sustain and run a hedge fund company.</li>

The investment process used by Sahm Adrangi is different owing to the fact that the CEO began his career in credit that mostly involved refinancing efforts and advising committees on issues such as bankruptcy. His unique approach drove him towards focussing on cash flows, as opposed to the method used by other investors that fixate on earnings that are divergent from their actual cash flows.

https://www.amazon.com/Legends-Leaders-Hedge-Funds-Finance/dp/B073DMGJTN

THE MANAGING PARTNER OF 5AM VENTURES, SCOTT ROCKLAGE

Scott Rocklage began working for 5AM Ventures in the year 2003 as a partner. He later on became the company’s managing partner in the year 2004. Scott Rocklage has worked with various organizations such as: Cubist Pharmaceuticals where he was the chief executive officer, Nycomed Salutar where he was the chief executive.

Scott Rocklage was also the Chairman at Relypsa and Novira. Through his years of working he is now working in Rennoiva, Kinestral and Cidara as the chairman of the board.

Scott Rocklage went to the University of California, where he obtained a BSc. Chemistry, he also went to Massachusetts Institute of Technology and acquired a PhD in Chemistry, while studying in Massachusetts, he won a Nobel Prize, and he frequented the laboratory of Richard R.Schrock where he did his research. Scott has had experience for over 20 years in healthcare and he also has good leadership skills.

Scott Rocklage is also the chairman of Kinesrtal, Rennovia and Cidara Therapeutics. He also heads the board of Pulmatrix and Epirus. Due to Scott’s skills and experience, he has been managed to get the approval of new medicines in United States by FDA.

Scott Rocklage has managed to get many publications that are under his name. 5 AM Ventures as a firm is involved in development of life sciences.

After Scott Rocklage got the position of managing partner, he got various responsibilities such as: to attend board meetings, to participate in the development of new life science concepts and to go hand in hand with the company’s portfolio and team management.

Scott Rocklage also works with other various people such as scientists, physicians and business executives where he works with them by assisting them to advance their ideas.

The skills and experience of Scott have helped 5AM Ventures to be the best successful company in terms of a Venture Capital company for other companies that want to be involved in life science.

Learn more about Nathaniel Ru:

http://5amventures.com/team/scott-m-rocklage-phd/

Luiz Carlos Trabuco Cappi Leads Bradesco To Scour Path To Financial Market Leadership

The process of succession in Bradesco, one of the leading financial institutions in Brazil, is usually approached with due mettle and cautiousness. Typically, most of the names that had the privilege to assume the presidency never took part in the deliberation. That was the case with Marcio Cypriano, the current president, whose tenure had left little to be discussed when the Board sought after the successor of Lazaro Brandao, the present chair of the Board of Directors. The process was the same when Brandao was deemed an “underdog” in during the shortlisting of persons set to succeed the bank’s founder, Amador Aguilar.

However, the unexpected happened. The Vice President of Bradesco, Luiz Carlos Trabuco Cappi, took the helm of the bank, having been appointed as the president of Bradesco in 2009. The appointment came as the bank had conceded market leadership to the rival brand, Itau Unibanco.

Previously, Trabuco was the Chair of the bank’s insurance group, which apparently is the insurance market leader in the nation since 2003. His name has popped up in numerous discussions with financial experts and during the determination of Cypriano’s successor. However, he was a bit modest about his quest for the presidency: “Leadership is not an objective. Our unspoken mandate is to perform the best we can in the realm we serve.” Perhaps he said that when a tip leaked about his prospects of the seat in 2000.

Comparatively, Roger Agnelli, the president of Vale, the major shareholder in Bradesco, also seemed to harbor the potential to lead the bank. “At only 49 years, Agnelli is still “too young” to shoulder the responsibility. On the other token, Trabuco understands the working culture of the company, having served it for more than 38 years. Therefore, his capacity to lead as huge financial institution as Bradesco is rather evident,” explained Antonio Jacinto Matias, the Vice President of Itau Unibanco, the money market leader in Brazil.

Trabuco leads Bradesco purchase of HSBC (Brazil)

With an approval of Lazaro Brandao, Bradesco Board Chairman, he bought the HSBC’s Brazilian branch in 2015. The deal is reported to have usurped $ 5.2 billion. The acquisition is set to put Bradesco in the race to become a leader in the private markets. A simple addition of shares from Bradesco and HSBC triggers the outperformance of Itau Unibanco by Banco de Deus, in Osasco in three ways: networks, the number of clients holding accounts and the total returns on investment. “Our acquisition of HSBC will empower us to reach milestones we could have achieved in six years if we relied on organic growth,” said Trabuco in an interview with Money.

Career Awards

The venture to purchase HSBC led to his nomination, and subsequent recognition as the Entrepreneur of the Year in the Financial Markets. In fact, it is his positivism in market forecasting that Bradesco received the green light during the first quarter of 2016.

While serving as the President of Bradesco Capitalizacao, the Insurance arm of Bradesco, Trabuco led the company to become Brazil’s leading Insurance company. He received The Insurance Personality of the Year for the first time in 2003, Trabuco also claimed the highly coveted prize in 2007 for showing positivism in the future outlook of the insurance market. The executive has a vast experience in banking and insurance and is an adamant advocate for insurance policy sales through brokering systems.

Education and Early Career Life

Luiz Carlos Trabuco Cappi was born in Marilia in 1957. He endured early education, and later joined the University of Sao Paolo, where he earned a graduate degree in Philosophy, Letters, and Science.

He then got engaged in with professional work at the bank in 1969, and through his affiliation to Bradesco, he underwent the various hierarchal positions, though he ultimately became the president of Bradesco Seguros, the Insurance arm of the bank, which has up to date added a 30% profit to the financial institution.

Read more on Wikipedia.org

George Soros: A Business Leader and Philanthropist

George Soros is a billionaire and is known for his investments and philanthropic works. It is, however, his involvement in the political arena that has made him powerful. George has risen to become a force of nature to the point where his opinions are not heard but listened to.

George Soros is a liberal and enthusiastically supports the Democrats. Over the years, he has contributed a significant amount in support of the Democratic candidates in the race for the presidency. In 2004, George was actively involved in the presidential elections. He contributed $27 million to defeat the former president George W Bush. After the Republican win, George decided to take a step back from the political realm. He did over continued to be involved in politics.

George rose back again to power during the 2016 elections. He contributed $ 25 million in support of Hilary Clinton presidential campaign. His desire to see Hilary won was attributed to two reasons: his friendship with Clinton and the fear of seeing Trump win. George has on more than one occasion accused President Donald Trump of being support of the terrorist group ISIS. George Soros established the Open Society Foundations.

Career

George immigrated to London in 1947 to pursue his education. He attended the London School of Economics. While pursuing his studies, he took an interest in Karl Popper. He identified with the philosophies which helped him to found the Open Society Foundation.

George relocated to New York to take up a job as the arbitrage trader at the F.M Mayer. It was this position that shaped his financial career.

After working for several firms, George decided to launch his Hedge Fund. His hedge fund company’s name was later changed to Quantum Fund. The Fund gained massive success which put Soros in the billionaire’s category. According to Forbes George is the 23rd richest billionaire in the world.

Philanthropy

George Soros is a billionaire who believes in helping others. Even though he has been termed as a narcissist, George has managed to donate a significant amount to different organizations. Soros began his charitable giving on the 1970s by supporting the black students pursuing their education at the University of Capetown.

His philanthropic activities include supporting efforts to enhance a non-violent transition of political realms in the Soviet States. Through the Open Society Foundation, George has supported civil societies across the world. Since its inception, the organization has spent over $ 11 billion.

Aside from his entrepreneurial involvement, George has written different articles, books, and papers in finance and economics. Soros has also received honorary degrees from the New York School of Research, the University of Oxford, Yale University, and the Corvinus University of Budapest.

In 2014, George was ranked number one in the LCH investment list of the Top managers.

Learn more on Discover the Networks about George Soros.

Adam Goldenberg And The Importance Of Having Passion

Adam Goldenberg himself has stated that passion is very important when it comes to going far in any industry on Twitter. As a matter of fact, he will not hire anyone who is not passionate. He has stated more than others that passion for the industry or the activity is going to trump an impressive resume. People need to be passionate in order to have a chance in the industry that they work in. Creativity is also good for people. However, passion could drive creativity. Adam Goldenberg himself is passionate about what he does. This is part of what has gotten him very far in this industry.

When one is passionate, he is going to do a lot more than what is required. This is what Adam looks for in employees. A passionate person will enjoy the job as long as it is in his realm of passion. Also, a passionate person will see the end purpose of what he wants to do. This will bring him even more inspiration to keep going with his work. Also, a passionate person is fun to work with. When one enjoys his job on cnbc.com, then he is not going to be thinking about the amount he is getting paid to do his work.

Another thing about a passionate person is that he is not going to think about all of the things that he should be getting. If a person loves his job or is even thankful to have something that brings him income, then he is not going to be thinking about things like benefits or extra perks at http://www.bloomberg.com/research/stocks/private/person.asp?personId=1477272&privcapId=37181322. He is going to take the time to do the work that he enjoys. This is not to say that benefits are not a good thing to have. Benefits are a bonus to the job. They are not requirements. People who harp on about what extra benefits they get with a job tend to be a pain to deal with.

Adam Goldenberg works very hard to build a good work environment for his employees and partners. He is not the only person that has the mindset of finding someone who wants to work in the industry. There are plenty of other business owners that are adopting this mindset.

Read more: Vator Splash Oakland – What’s it like to be a Unicorn? Adam Goldenberg (CEO, JustFab)