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Business

Alexei Beltyukov: A Big Supporter Of Education in Russia

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Alexei Beltyukov started Endemic Capital in the year 2013 with the purpose in helping start-up companies in Russia. He is a philanthropist who is very committed to supporting Russians who are trying to start their own business or those who might be interested in joining a business school. For this reason, Alexei started a company called A-Ventures Ltd to help Russian small businesses who have a difficult time getting funds to run their business. LinkedIn writes he is an Alumni of INSEAD, so he wanted to give the same opportunity by establishing a scholarship program to provide financial help to Russian students wanting to join INSEAD University.

Alexei Beltyukov switched gears to pursue business studies from the medical industry. He joined INSEAD Business School and earned his MBA. He serves as an observer at FORO Energy’s Board of Directors.

About SOLVY

In early 2014, Alexei came up with SOLVY as a way of introducing new skills of learning in high school, especially when it comes to math solving problems. SOLVY is an online homework space for high school students. Students are urged to complete these practical math assignments by showing their entire work on the answer sheet and get instant feedback.

When Alexei launched SOLVY, educators and EdTech experts praised this technology because they knew it was a step ahead and a positive change in their education system. SOLVY has no multiple-choice problems, in its place, the students must use the answer they arrive at and display how they got this answer. Students will be able to solve math problems with this software and get instant feedback for any wrong answers. He believes high school students will learn greatly to use their analytical skills a lot from this technology. Additionally, the online system will make it easier for teachers to customize assignments according to students’ needs. It is also a teacher’s assistant by analyzing student performance, SOLVY will recommend a course of study based on identified knowledge gaps. Alexei Beltyukov wants SOLVY.com to be a leader in math education.

Beltyukov is an author and serial entrepreneur and a proponent of education and most of his companies have succeeded mainly because he aims to build services that would benefit people. He is very proud of his newest endeavor, SOLVY, that focuses on making math education more accessible to high school students and teachers.  Check out one of his informational Vimeo videos about what Solvy brings to students.

Loan Repayment

Devco’s Contribution to Development

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In January, the Improvement Authority of Middlesex County failed to repay principal and interest amounting to $1 million on a loan of $20 million that it had received from Casino Reinvestment Development Authority. The loan was part of $107 million in financing that was put together in order to construct The Heldrich, which is a New Brunswick’s conference center and hotel. The package comprised of a $70 million in municipal bonds provided by Middlesex County Improvement Authority. The bonds are expected to be repaid with the hotel’s revenue.

Senior bonds holders have already been repaid $30 million with a 5 percent interest. The subordinate bondholders are yet to receive payments. Meanwhile, Improvement Authority of Atlantic County is preparing to issue about $120 million in bonds by May. These amount is expected to cater for the Gateway project. Stockton University satellite campus is also to be funded using these bonds, and it will be repaid through revenues from dorm room and tax credits sale.

According to an article written on Press of Atlantic City; http://www.pressofatlanticcity.com/news/breaking/unpaid-million-crda-loan-raises-questions-about-new-brunswick-devco/article_a03318e2-dcdb-11e5-a563-67611bc7b7bc.html, the CRDA loan is secured and will only be paid from the available project revenues once senior lien bond holders are paid. Maria Prato, who is spokeswoman of Improvement Authority, said that they were optimistic that the project’s economics will keep on improving on a simultaneous path with the general economy.

About Devco

The New Brunswick Development Corporation, popularly referred to as Devco, is a nonprofit development company usually involved in urban real estate. It was founded in the mid 1970’s with an aim of serving as a catalyst for the revitalization of the city. DEVCO has assisted the city to achieve an outstanding renaissance, and the New York Times recognized it as a powerful engine in the economic growth.

Since its inception, the firm has overseen almost $1.6 billion of New Brunswick investment. Currently, even in the most challenging times in the history of our country, redevelopment in the city continues to be robust owing to DEVCO’s unique redevelopment approach.

 

Television Starlets

Queens of Drama is Peaking Interest Back to Soap Operas

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Queens of Drama is a reality drama TV series. It is listed as a documentary reality because it shows how a group of former daytime television stars are trying to make, star and produce a new TV show. The American show stars an ensemble cast of Lindsay Hartley, Crystal Hunt, Vanessa Marcil, Hunter Tylo, Chrystee Pharris and Donna Mills. All the stars play a fictionalized version of themselves. The show debuted on POP in April 26, 2015 with 10 episodes in the first season.

Series Review

The series follows the exploits of six divas trying to make a new television series. All the divas are having a hard time landing a good role because of the declining interest in soap operas. This has significantly reduced the number of soaps in production hence rendering many of them jobless. In a bid to turn around the tides, the six decide to gang up and do something about it.

Lindsay Hartley, Vanessa Marcil, Crystal Hunt and Chrystee Pharris decide to write, direct, star and produce a show. They bring in Donna Mills to help in the production and marketing of the pilot episode. However, they soon find that they bit off more than they could chew as the queen diva, Mills, enlists the help of Hunter Tylo without consulting the other project members.

As if that is not enough, she attends a CW network meeting to discuss the show without telling her partners. This really irks the others and they try to bring in Joan Collins to counter Mills. Throughout the show, rivalries and personal traits are exposed creating an interesting show to prove that soap operas are not dead.

About Crystal Hunt and her Character on the Show

Throughout the show, Hunt is seen fighting with Lindsay Hartley. This rivalry heats up resulting in a war of words where Hunt attacks Hartley because of her old age. In the show, Hunt’s character is a blend of some of her previous character roles in other projects most notably Stacy Morasco in One Life to Live.

In her personal life, her Facebook fans say Hunt is down to earth and focused not only in her acting career but also as a businesswoman. CrunchBase shows the creative Hunt runs a pet boutique in Clearwater, Florida. She has also produced a film titled Talbot County as a joint project with friend and actress, Dania Ramirez.

Hunt was born on February 5, 1985 in Clearwater, Florida. The highly talented actress has been involved in various successful projects in her career including Guiding Light, The Derby Stallion, Sydney White and Crystal was on One Life to LiveCrystal Hunt can be found on YouTube as well, which has examples of her entire acting career.

Business/Business Leaders

The Kheradpir Era: Coriant and Its Story

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A giant in the field of networking, Coriant emerged on the technology map of the world in 2013 to bring new heights to the telecommunications industry. So far, Coriant has been highly successful in the provision of efficient cloud connection systems, optical transmission systems and has even come up with a revolutionary backhaul system that is just another addition to the router service it provides. Initially under NSN, Coriant soon detached itself from Nokia and announced its independence, but not before absorbing the experience worth 35 years into its core. Soon afterwards, Sycamore merged with Coriant and later, Tellabs followed suit.

In 2013, when Coriant was formed, the corporation attracted the attention of Shaygan Kheradpir, the businessman who had started his career in 1987 and was already cruising through titans like GTE laboratories and Verizon. Kheradpir holds a Ph.D. degree from Cornell University. This, combined with his fortune of belonging to a professionally minded family (His father was a doctor), enabled him to toil hard in his field and bring about innovative ideas with confidence and passion. He will always be remembered at Verizon for infusing the spirit of competition among the employees themselves, asking them to present new ideas every month and work in groups to make their ideas a reality.

While working at GTE, Kheradpir reached the position of the CIO and was critically acclaimed at the Wall Street. After Verizon, he worked at Barclays and again managed to bag the CIO position there. The Hall of Fame announced by the CIO Magazine chose him in 2007. In 2014, he also became the CEO of the Juniper Networks. With a career as chock full of experience as that of Kheradpir, it is no wonder that Coriant has made a name for itself under his leadership.

Coriant has been making breakthrough developments. On the 15th of March, the company announced a data transmission system of a 100 GB per second speed that is not affected by lightening and even tested it under an artificial lightning. Coriant also occupied a central position at the OFC this year, where it announced its innovations in the transmissions using optical systems. The company is known for creating interfaces that are friendly for users and the beneficial utilization of the available resources to do so. With a progress of this sort, Coriant is expected to continue to amaze the world with its innovations.

Follow Kheradpir on Twitter

Politics

Charles Koch Agrees With Senator Sanders For Criminal Justice Reform

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Vermont Senator Bernie Sanders has spoken out vehemently about corporate welfare and Charles Koch’s political agenda. To some this may come as no surprise. However, it does come as a surprise that businessman and Philanthropist Charles Koch would agree with the senator. Corporate welfare is not the only policy they agree on. Charles also agrees with the senator’s view on Criminal Justice. This begs the question why would the sixth wealthiest man in American be concerned with the criminal justice systems? Why is he advocating for criminal justice reform?

The truth is lawsuits and threatened prosecution have plagued the Koch family and Koch Industries. In 1995 Charles faced a legal battle that could have seen the unfair termination of four of his employees. Charles chose to fight the case. It took ten years and $10 million dollars to win the case. He later said, “If that can happen with us, with our resources and what we did to defend our people, what happens to people in a company that doesn’t defend them? Or even worse, to poor people who get caught in something and have no recourse?”

In his op-ed he explained,”Our criminal justice system, which is in dire need of reform, is another issue where the senator shares some of my concerns. Families and entire communities are being ripped apart by laws that unjustly destroy the lives of low-level and nonviolent offenders.”

Charles Koch is a very intelligent businessman, he is a member of the Beta Theta Pi fraternity and a triple degree holder from the very prestigious Massachusetts Institute of Technology. Where he holds degrees in general engineering, mechanical engineering, and chemical engineering. He became president of Koch Industries after the passing of his father, Fred, whom he renamed the company for. He took the $112 million dollar company and turned it into a $280 billion dollar conglomerate and the second largest privately owned business in the United States.

Charles Koch’s philanthropy endeavors are numerous and span the spectrum of research, think tanks, the arts, market based thinking and education. He has donated an estimated $11 million dollars to Whichita State University for a new sports arena. He has donated to George Mason University as well as Florida State to name a few. He is the founder of the Cato Institute, which was formed back in 1974. The Cato Institute is a Libertarian Political think tank, which was established for media coverage, advocacy and social influence.

Apps

Video Email Marketing Just Got Easier

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All marketers and business owners should be using video email marketing. However, it is not a mystery why they are not using it: it is difficult to do with traditional video services. It can also be costly. If only there was a way to deliver quality video experiences to your customers’ inboxes without the hassle. After all, the web marketing experts at HubSpot recently mentioned that you can increase your email open rate by virtually 20% with videos.

Imagine how many more leads you could convert if you boosted your open rate by that much. What kind of revenue would it mean to your business? You could engage much more customers and build a solid relationship with video. Video is the most powerful form of communication today. Luckily, there is a way to improve your video email marketing.

Talk Fusion is an innovative company that specializes in video services for businesses. You can enjoy sending video emails and newsletters, having live video chats, and creating lead capture videos. You don’t even need to download software. You can access the video email service in the cloud, where you upload your video of choice.

It works with Apple, Android, and PC devices. Talk Fusion was founded by the serial entrepreneur Brad Reina. He saw a need for a better email video service. To this day, Talk Fusion is dedicated to providing amazing video technology at affordable prices. They also give to charity regularly. They participate as part of the Direct Selling Association with pride.

Source: http://hellotesla.com/arent-using-video-email-marketing/

Giving Back

The Scholarship To Be Offered By Keith Mann

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Dynamic partners announced through its founder Keith Mann that they have launched a scholarship program that will target the nonprofit Uncommon Charter School. The scholarship will be availed to high school senior grandaunts from unprivileged backgrounds. Joe Frick a college counselor from the school applauded Keith and Keely Mann for the scholarship and stated that through the scholarship one student from the school is assured of attending college. Those interested in the scholarship will write a 1000-word essay detailing the importance of attending college and how it will benefit them in their professional goals. Keith is a philanthropist and an educational lobbyist said that they partnered with the school to ensure that students from poor backgrounds can attend colleges and attain degrees. The program which kicked off on February 29, 2016 will see the lucky applicant awarded 5,000 dollars as tuition fees.

Keith Mann is an American based entrepreneur and philanthropist. He is the co founder and managing director of Dynamic partners. He can be described as a people person with the ability to detect talent from a mile away. This has particularly come in handy to his Dynamic Company that performs the role of pairing people with hedge funds and private investment firms. Keith Mann joined the firm as a manager and has since climbed the ladder to assume the position of vice president which is an executive and lucrative position. With an experience spanning for over a decade he has managed and steered the executive search company confidently to success, recognition and prosperity. He has a keen interest in education and is of the view that each and every person has a right to education regardless of their back ground. He is a passionate and ambitious man with knack for management.

Apart from his success in the investment world Keith has been involved in various charitable organizations such as the Hope and Heroes foundation and the Uncommon Charter School scholarship program. He is an animal rights sympathizer and has been strongly linked to the Animal Liberation Front which crusades for animal rights and are against use of animals for experiment purposes.

Giving Back

Avi Weisfogel Launches GoFundMe Campaign for Operation Smile

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Avi Weisfogel has launched a GoFundMe campaign that is geared towards the benefit of Operation Smile. Operation Smile is an organization that helps children with surgical care that they may need in the future to correct an issue that they are having, but can’t necessarily afford to get it done. The Operation Smile GoFundMe campaign is set at $2000.00. The campaign is set to dedicate to helping provide every child with hope for a bright and healthier tomorrow. Avi Weisfogel wants to instill hope in every child and treat them as they are our own. Operation Smile currently works with medical professionals that are local. They also work with hospital, government care and other types of organizations to help ensure that the children involved get the necessary care that they need. Operation Smile by Avi Weisfogel is set to find the most effective solution for the child and definitely provide the much needed care that they have been hoping for. Operation Smile was actually started in 1982 by Bill and Kathy Magee. They traveled to the Philippines to help children there find the hope and help that they had been longing for. Since then they have increased their organization to a global network with thousands of volunteers. With eighty nations involved, the team has been able to provide more that 220,00 free surgical procedures. The charity has amazing benefits and Avi Weisfogel’s GoFundMe campaign will help aid in the continuation of those miracles.

Avi Weisfogel is a very experienced dentist who lives in New Jersey and has been practicing for many years. He currently owns and leads Dental Sleep Masters. Dental Sleep Master is an educational course and or program that is offered to other dentists around the world who are trained in the treatment of sleep apnea and other sleep disorders. Avi focuses his education studies and programs on the use of oral appliances and their benefits to the patient who is struggling with sleep apnea. Avi’s mission is to education other dentists as well as their staff of the medical benefits of the oral devise and who they can correct someone who experiences a rhythm in their sleep habits that prevent them from breathing. This can be a dangers disorder if it is not treated propery, and Dr. Avi Weisfogel has committed much of his career to ensuring that patients meet and obtain the proper care that they need delivered through his educational courses.
Apps

Handy On-Demand Cleaning Services and Handyman Company

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Handy is an on-demand cleaning and handyman services company. Its current estimated worth is $500 million. Oisin Hanrahan is the founder having established other companies prior. He first established MiCandidate an online platform that availed any political content to media companies and The Undergratuate Awards a non-profit organization. His move from political content to on-demand cleaning services was inspired by two crucial experiences in his life. When in college in Hungary, Oisin worked in real estate. He discovered that people found it hard to perform small tasks inside apartments. Secondly, after finishing college in Hungary and moving to London, while working at Excel Ventures which invested in on-demand taxi service he thought of how to apply this concept to other sectors.

When doing his MBA at Harvard, Oisin brought Handy to life together with his friend who is also the co-founder. They dropped out of college later and concentrated on propelling Handy into full business. They found that Boston was not the suitable place where Handy could grow, they relocated to New York. This coupled with New York being the biggest market for Handy was the logical decision to make at that point.

Handy has not really faced competition since no other company has reached the scale that Handy has. Oisin says that the company is more focused on maintaining and building their lead rather than investing time and energy focusing on other players.

Handy involves working with contractors and customers on a daily basis. The contractors seek flexibility to work when in need of earning extra cash and working for less than 20 hours per week. Customers on the other hand seek the flexibility of being able to book a handyman or cleaner at a particular time and their reliability.

Handy plans on maintaining the contractor status and not regarding them as employees. With this they enjoy a staff of 160 and over 10,000 contractors. In keeping with competition from companies such as Thumbtack and Hassle, Handy has sought to expand in more cities. It has also come up with a different type of service. This service aims at providing people with option of buying furniture from third party stores through Handy which is later delivered and assembled in one’s house.

It’s not going to be easy for Handy and it seems that it is ready to do more in order to maintain its position.

Uncategorized

Highland Capital Management Annual Filing for 2015 released to the Public

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In a recent article by Octafinance, Highland Capital Management recently filed their 13F which saw them purchase several new companies over the year. Some of these companies are Spdr S&P 500 Etf Tr (Call) (SPY), Eagle Pharmaceuticals Inc (EGRX), Amazon Com Inc, Danaher Corp Del (DHR) as well as Intra Cellular Therapies Inc (ITCI). In total the hedge fund purchased a total of 69 new stocks but these 5 provided above were the biggest positions. There were a number of already existing stocks that had increased their positions significantly. These were American Airls Group Inc (Call) (AAL) which increased by 60 percent to $204.25 million, Kinder Morgan Inc Del also increased by 173 percent to $5.38 million, Patterson Companies Inc (PDCO) increased by 16 percent to $87.91 million, Salesforce Com Inc (Call) (CRM) increased by 18 percent to $54.85 million and Corning Inc (GLW) increased by 18 percent to $54.86 million. Some smaller stocks were also purchased these included Burlington Stores Inc (BURL) increased by 10.10 percent to $35.57 million, Salesforce Com Inc (CRM) increased by 213.34 percent to $145.22 million and lastly Ldr Hldg Corp (LDRH) increased by 68.98 percent to $37.95 million.

The Highland Capital Management firm also sold off some stocks. These stocks were Nexpoint Cr Strategies Fd (NHF), Spdr Series Trust (Put) (XBI), Envision Healthcare Hldgs In (EVHC), Mckesson Corp (MCK) and Laboratory Corp Amer Hldgs (LH). There is only reason for speculation as to why these stocks were sold but it might have to do with there being a better place for Highland Capital Management to invest, the value of the stock or th momentum of the stock itself. There were also some reduced positions with regards to shares being slashed. These were American Airls Group Inc (AAL) decreased by -56.11 percent, Ishares Tr (Put) (IWM) decreased by -52.05 percent, American Express Co (Call) (AXP) decreased by -17.54 percent, Nrg Energy Inc (NRG)decreased by -20.76 percent and Anadarko Pete Corp (APC) decreased by -76.75 percent.

James Dondero or Jim as people know him is the co-founder and CEO of Highland Capital Management. He brings decades of experience and knowledge to the table and has worked in this industry prior to him starting at HCM. Jim is also involved in many philanthropic project endeavors.

Follow James Dondero on Twitter and Facebook today!

This article recapped http://www.octafinance.com/highland-capital-management-top-10-holdings-in-q3-2015/352793/