Category Archives: Business Profiles

MIKE BAUR THE VISIONARY LEADER AND INVESTOR

Mike Baur is a celebrated investment person with an admirable entrepreneurial success record. His capability to invent new ideas has helped the Swiss business industry grow most importantly aided by the technological advancements. He has overtime accumulated enormous experience in finance management, taking into account the long and outstanding relationship with the banking sector, which spans to a period of more than 20 years in service. He joined the banking sector at a junior age, which shows the dedication and passion he had in the industry. Mike Baur’s vision has always been to offer inspiration and support to Swiss capitalists. He has widely worked in Swiss non-governmental banking sector, before he joined the UBS firm as a learner in the commercial department. His diligence and knowledge enabled him to rise in rank to become an executive of the board of a private bank in his home country.

 

 

Currently, Mike Baur works as a leading chief executive officer at the startup factory in Switzerland. He also operates as director to an association called Swiss startup. At a youthful age of 39 years, he partnered with two other entrepreneurs in the year 2014 in establishing the Swiss startup factory. His massive capital investment in Swiss startup factory greatly propelled the firm to emerge among the top individually financed ICT companies in the whole of Switzerland. Mike Baur has greatly banked in the growth of youth enterprises through provision of advice as well as capital financing. Aside from serving as the director to the association of Swiss startup, mike played a vital role in its starting, more importantly as the co-founder. Through his contributions, several startups have emerged in Switzerland, among the high profile firms being Bcomp AG.

 

 

Mike Baur’s educational background has been the main guide to the success he has attained. He obtained his master’s degree at a university in New York called Rochester. He went on to better his knowledge in finance through graduating with a degree in banking and finance from the University of Bern in Switzerland. His management at the Swiss startup firm has been termed as excellent, considering his massive achievements within a short duration. In January 2014, mike Baur was chosen to be the assistant director of management in the department of finance at CTI. This was immediately after the Swiss startup factory agreed to conduct business in partnership with CTI investments.

Several Things You Need To Know About George Soros

Whether you are a politics person or not, the name George Soros rings a bell as long as you live in America. The man whose estimated net worth is over twenty-five billion was born in Budapest Hungary back in the year 1930 on August. George Soros has worldwide recognition thanks to his high-flying success in investments and is a bachelor holder in Economics. To add to his list of degrees he holds a master in philosophy and takes 19th position in the top thirty list of the wealthiest people in the world. However, all this success did not come on a silver platter as he also had a humble beginning. To study for his bachelor in economics, George Soros once worked as a waiter and also a railway porter. Later after completion, he kickstarted his career by working for merchant banks until late 1960’s when he succeeded in starting his first hedge fund. Luckily for him, it thrived and through the profits earned he managed to start the second one which he now named Quantum fund. Since then the man has never looked back and has continued to flourish.

Apart from his achievements in investor world, George Soros is also known for his active role in politics and is one of the biggest critics that Donald Trump has. That is proved by his consistent funding of the Democratic political party candidates where he gave more than twenty million in an aim to boosting Hilary Clinton’s campaigns. He and other tycoons such as Vachom and liberal donors have faith in Hillary and came together to fund the campaigns. That gave Hillary an advantage over Trump. He has been involved in an active role in U.S politics, and that is further proved by his support for Obama though he later claimed to have regrets. However Trump being one of his biggest rivals, Soros has increased his political donations. Also back in the year 2004, he gave approximately twenty-three million in a move to try and defeat the then President George Bush.

Politics aside, the man is also renowned for his generosity and giving back to the community. Being a philanthropist, he plays a significant role in raising social concerns for a better life of the average citizen. That he does through funding organizations which create awareness on justice and equality, government accountability and even people who fight for freedom of expression. That way Soros keeps the government in check and makes sure that the rights of the ordinary citizen are in place. He is known for his numerous charity donations and projects which aim at poverty reduction such as the Millennium promise project in which he gave away over 50 million to reduce deficiency in Africa. Soros is able to accomplish that and many other charity programs through the Open Society Foundations which are in more than sixty countries in the world. It is claimed that he spends around six hundred million a year on charity funds. He is truly a one in all man.

Tony Petrello has Commanded the Acquisition of Tesco Corporation

Nabors Industries, a major geothermal corporation touting itself as the largest land-based company of its kind, recently announced that it will be acquiring Tesco Corporation, a fellow player in the oil industry that manufacturers and maintenances oil drilling equipment. Those owning stock in Tesco Corporation will be compensated via common stock shares in Nabors, earning 0.68 shares of Nabors stock for every 1 outstanding share of Tesco Corporation.

Discussions for acquiring Tesco have dated back to late 2016, according to a press release in which Tony Petrello said, “This transaction accelerates the strategy I presented at our Analyst Day in November of 2016.”

Operations of soon-to-be subsidiary Tesco are expected to be meshed together with those of Canrig, an oil equipment company currently owned by Nabors. The purchase should close midway through February, 2018 at the latest, if not as early as the fourth quarter of 2017.

Tony Petrello grew up in Newark, New Jersey, not far away from the first postsecondary institution he attended – Yale University. At a younger age than most, Petrello earned a bachelor’s degree in mathematics from the Ivy League school, immediately after graduation returning for a master’s in the same field. He accomplished both of these feats, impressive regardless of one’s age or how long doing such takes, by the age of 19. It was after earning these two degrees when he got married to his wife Cynthia, staying together up until this very date. Shortly after graduating Yale for the second time and getting married, Petrello realized he didn’t want to work in academia, enrolling in Harvard Law School. Petrello went to work at Baker & McKenzie with his newly-minted juris doctorate, meaning at the firm for 11 years before joining Nabors.

Despite coming from humble roots and being known for working hard all throughout his life – college roommate and current writer Lloyd Grove can attest – Petrello chooses not to command high salary like his corporate peers. Tony Petrello enjoys giving back his non-exorbitant salary to philanthropic causes, most notably giving 7 million dollars to neurological research endeavors at Texas Children’s Hospital.

Learn More: www.nri.texaschildrens.org/give_gift/leaders_giving/cynthia_tony_petrello.aspx

JustFab Is Getting A New Name From Adam Goldenberg And Don Ressler

As fashion shopping becoming intertwined with major technology, it seems only fitting that some companies may be looking to change the way they do business, and possibly even their brand. That’s what’s happening at JustFab where CEOs Adam Goldenberg and Don Ressler have announced the name change to Techstyle Fashion Group. Goldenberg and Ressler felt this name change was necessary because JustFab is now including big data as part of their customer shopping experience. Data analytics are starting to become a major trend with companies out there who want to customize a user’s online shopping method, and JustFab has started enriching their data use for this.

 

JustFab was started by Goldenberg as primarily a women’s trendy clothing outlet, and most of their sales today still are coming from there, but they’ve also made acquisitions along the way of companies like ShoeDazzle, Fabletics, FL2, FabMen and FabKids. JustFab’s merchandise has gotten attention because it’s much cheaper than fashion lines like Ralph Lauren or Giorgio Armani, and with membership and VIP point systems customers can find some great discounts here. Ironically enough, Goldenberg knew very little about fashion when he and Ressler started the company, but their skills with running a business and marketing have come in very handy.

 

It began for Goldenberg when he was still in high school. At only 15 years old, he started his first company, Gamer’s Alliance. Starting this company is what led Intermix Media, the founders of MySpace to hire him on their team. Adam Goldenberg became the Chief Operating Officer at Intermix Media, and while working there he and another executive started working together on building subsidiary companies. That other executive was Don Ressler, the founder of FitnessHeaven.com. Goldenberg and Ressler wanted to add an e-commerce division to the up and coming MySpace social network, so they did just that with Alena Media. It was turned down by News Corp when they bought out Intermix Media, so Goldenberg and Ressler left the company.

 

After leaving the company, the two men started Intelligent Beauty first, and under that company they started selling health and beauty products. But they decided fashion was becoming their main interest, so they founded JustFab in 2010. Josh Hannah at Matrix Partners liked the way the company was operating, so he began the first of justFab’s venture capital funding. By 2014, the company had raised enough venture capital and revenue to be valued at over $1 billion. https://twitter.com/adamgoldenberg?lang=en

Don Ressler And Adam Goldenberg’s All-Inclusive Transformation Of JustFab

JustFab, also known as TechStyle Fashion Group has become an all-inclusive fashion line with sizes for all women. Adam Goldenberg and Don Ressler founded this company back in 2010 with the goal of changing the way online fashion shopping is done, and now they want all women to enjoy wearing company apparel. JustFab is mostly a women’s fashion line, but there is a men and children’s subsidiary, and the company also owns ShoeDazzle and Fabletics, a women’s athletic wear company that actress Kate Hudson has endorsed. In 2013, JustFab became a “unicorn” or billion-dollar enterprise that became cash flow independent.

 

Goldenberg and Ressler are marketing gurus and entrepreneurs who ventured into the fashion arena with little knowledge of its terminology, but their tech-friendly ideas and sense of adventure helped them in their endeavors. They actually met while both working for MySpace’s parent company Intermix Media. Adam Goldenberg had come to Intermix Media after building Gamer’s Alliance, a gaming advertising network that pointed gaming enthusiasts to some of the most popular game websites. He became the youngest Chief Operating Officer at Intermix Media working for a publicly traded company. Don Ressler had come to Intermix Media after they bought his company, FitnessHeaven.com, and he and Goldenberg decided to start building brands together.

 

They had built their first company, Alena Media in the early 2000s and it became a major income source to Intermix Media. They left Intermix Media in 2005 and started another company, Intelligent Beauty. Under this company they started several health product and cosmetics brands, and then decided to take the fashion world by storm. After presenting their ideas to several fashion gurus and venture capital firms, JustFab was formed and they got an infusion of capital from Matrix Partners and several others. Not too long ago, they started opening up physical retail stores for JustFab and have plans of opening more across the nation in the next few years. They decided to rename the company to TechStyle Fashion Group because they had started integrating big data usage into the online shopping experience. http://brandettes.com/interviews/don-ressler-of-fabletics/

Career Achievements Of Adam Goldenberg

Adam Goldenberg is a business man and the co-CEO of Just Fab. He started Gamers Alliance at the age of 15 years. This was his first company. He later sold the company to Intermix Media (MySpace parent company) in 1999. Adam left high school and went on to join Intermix to serve as the Vice-president of Strategic Planning. Adam became the Chief Operating Officer at the age of 20 years. This made him become the youngest COO of a company that was publicly traded. Adam met with Don Ressler who later became his business partner at Intermix. Don was also an entrepreneur and he had sold his company. The Endeavors of Don led him to produce more than $billion in sales. He had also raised $100 million and more in capita for many different internet companies.

 

Adam is a venture partner at CrossCut Ventures Management, LLC. He serves as its advisor. Adam was also the president of Brentwood Cosmetics, LLC. He has gained six years of experience in product development, product management, and internet marketing. Adam is the co-founder of Alena media, Inc. where he launched Hydroderm. Adam Goldenberg collaborated with Don Ressler to come up with brand ideas. Adam co-founded Intelligent Beauty with Don Ressler. They formed the Matrix Partners and later co-founded Just Fab. Just Fab is the mother company to fashion brands like Fabkids, Fabletics, and ShoeDazzle. The company has employed over 2000 employees. It has made annual sales of $650 million since 2010.

 

Adam says that the reason why JustFab has had tremendous growth is because the company is creating brands online and in categories of high growth. He says that the membership model is the most revolutionary thing about the business. Adam is motivated by working with people who are passionate and smart. He says that JustFab is committed to deliver the best to their customers and to offer products that exceed their expectations.

 

Adam says that being an entrepreneur has taught him about team empowerment and the great benefits of partnership. Adam says that Starting out in his business ventures was not easy. Determination and hard work have made him successful. Adam has been a good example that age does not matter when it comes to entrepreneurship and what you want. Adam started out at the age of 15. He has grown over the years to become a significant force behind the current fashion e-commerce. He has co-founded various businesses which have all generated significant profits.

 

 

 

Todd Lubar Stays at the Top of Real Estate Mortgage Industry

A lot can be said about the vast experience of Mr. Todd Lubar. He can mostly be considered for his business experience, financial expertise, and skills in real estate. Mr. Lubar serves as the president of TLC Global Ventures. He has an upper hand in understand the real estate business model and its challenges. He knows how the business runs and different environments the company can be run. Todd Lubar has grown the business ladder and amassed extensive knowledge in various environments. He has worked with few industries such as the nightclub industry, the real estate development, and the demolition industry.

Mr. Lubar’s history with the property business dates back to 1995 where he gained an invaluable experience. He learned how to form business relationships and grow them. He later opened his private venture known as Legendary Properties. The company quickly became a success and assisted to build further business relationships. He was able to come in contact with major financial banking institutions.

Todd Lubar today works with the demolition and scrap business. The commercial demolition company has secured several contractors from the nation’s largest contractors. He got into the demolition industry after realizing the home and mortgage industry was in a great risk. The mortgage industry had lost its ways. It was no longer governed by the principles of caution and banking. Todd automotive scrap metal has become very successfully. It eventually traded as a public company.

Before venturing fully into the construction company, Mr. Lubar handled both the mortgage and construction company. The construction company was called Legendary Properties, LLC. The company focused on renovation and selling of single and multi-family homes. Todd’s company has managed to renovate over 200 homes at a profit. The lending company was known as Legendary Financial LLC. He became highly successful with this business and made over 7,000 transactions.

Mr. Lubar’s primary focus in his life has been developing the mortgage industry. He owns and runs several other recycling industries, nightclub industries, demolition industries and real estate industries. For many years, he was ranked among the top twenty-five mortgage dealers in the country. The rankings show his skill and excellence in his environments.

For more info, visit Todd Lubar’s Linked In page and website at toddlubar.com.

Other source: https://about.me/todd_lubar

No Rest for the Weary

There is more legal entanglement involving former Atlanta Hawks owner Bruce Levenson, and the former general manager of the team Danny Ferry. Levenson has filed suit against the insurance company known as AIG. He is claiming breach of contract and insurance bad faith. The suit does not include the basketball team’s current ownership group which is headed by Tony Ressler.

AHBE, the Atlanta Hawks previous ownership group, charges that AIG did not acknowledge a policy that was triggered during the handling of the Ferry case. Accusations of breach of contract stem from Levenson not believing that all liabilities were covered during the negotiation process.

Levenson hired Goldman Sachs and Inner Circle to help sell the team, hoping to get a 1 billion dollar value from his investment. The team would eventually go to Tony Ressler for the price of 730 million. The present Hawks ownership group claims no involvement in the case between the former ownership team and AIG. Bruce Levenson has not looked to hold anyone currently with the team’s front office accountable for any wrongdoing. http://www.espn.com/nba/story/_/id/11493472/jason-whitlock-bruce-levenson-atlanta-hawks

AHBE is seeking various forms of compensation, including lawyer fees to cover the cost of litigation throughout the process. AIG has yet to comment on these allegations.

For more details, visit Bruce Levenson’s Wikipedia page and personal website @ brucelevenson.com.