Bumble Is Whitney Wolfe’s Brainchild

Whitney Wolfe has become a sensation in the corporate world for her successful roles at both Tinder and Bumble. As a former executive of Tinder, Whitney Wolfe is more than qualified to lead a development team to create a dating platform, which is exactly what she did with Bumble. Rather than sticking with Tinder after a harassment case, Whitney Wolfe decided she wanted to try her own hand at creating a dating app made for women, rather than letting men take the focus like they always have on dating platforms. Whitney launched Bumble in 2014 with great success as it became one of the fastest growing dating platforms on the market today. Her accomplishments with Bumble have made her one of the fastest growing businesswomen in the country. Read more about Whitney Wolfe at Wikipedia

Whitney’s primary focus with Bumble is to keep women feeling empowered, safe, and in control. More than anything, Whitney doesn’t want anyone using Bumble to feel uncomfortable with their experience. On top of the romantic part of Bumble, Whitney has also released different parts of Bumble for people that aren’t looking for romantic relationships. BumbleBFF, for example, allows users to simply look for friends to share activities within their area. Today, Bumble has more than 30 million users across the globe and this number is growing steadily every year.

Whitney Wolfe has become one of the wealthiest women in the country due to her position at both Tinder and now Bumble, which has an estimated value greater than a billion dollars after just four years in the market. Bumble is always improving as well, adding new features and catering to its users. More than anything, Bumble will stay a place that is safe for women by giving them the power they need to navigate and covers comfortably. Whitney’s motivating comes not just from a desire to succeed, but a desire to make women feel empowered rather than like they are prey.


Check: https://www.refinery29.com/2018/04/195980/whitney-wolfe-herd-equal-pay-day

 

Gareth Henry and His Rise in the Private Credit Sector

When it comes to growing credit in the private sector, Gareth Henry is both experienced and knowledgeable. He has served as the head of global investor relations through a number of alternative investment management most of which have been based in the U.S. in addition to that, he served as the former head of IR for Angelo Gordon as well Fortress Investments. However, his experience goes even further than his work experience. Gareth Henry studied Actuarial Mathematics at the University of Edinburgh in Scotland. This has come in handy when it comes to calculating and understanding the complex math behind this industry.

Gareth Henry has a unique set of skills stemming from his mathematical training as well as extensive industry experience. Because of this, he was appointed Head of International Investor Relations for the company at the Fortress’ office in London. This was a result of his ability to formulate and carry out a strategy for sales that was aimed at addressing the fixed, institutional incomes for the company’s fixed income, hedge fund and private equity lines for the business.

On the other hand, Gareth Henry was also appointed Global Head of Investor Relations at Fortress Liquid Markets. Here, he was in charge of a team that pin-pointed clients from all over the globe for marketing, sales and services for the clients. Before joining Fortress, Gareth Henry worked as the Director of Strategic Solutions at a money management firm located in Schroders, London. Prior to this, he served as the manager for in Philadelphia for SEI Investments. To know more about him click here.

Gareth admits that he was always attracted to the relationship between Mathematics and finances and that once he studied economics and risk management, he was hooked. He says that what made him stand out was his talent for talking to clients and even strangers and his ability to explain investment plainly. For this reason, it is only natural that he gravitated towards investor relations and raising capital.

Henry’s extensive experience has helped him to stay up-to-date- with the latest developments in his field. He also says that keeping in constant touch with his clients is just as important.

Madison Street Capital is on the Rise as Lawrence Alioto Joins its Capital Markets Team

Madison Street Capital, a leading investment banking firm, named Lawrence Alioto as Capital Markets team’s Managing Director. His role will include giving advisory services to technology clients on corporate finance transactions as well as M&A transactions.

 

 

In a statement, Charles Botchway, Madison Street Capital’s CEO, said that the increased demand from companies in the technology sector raised the need for a person with Lawrence Alioto’s vast technology background. He added that Alioto will play a big role in the firm’s plans to expand to Austin.

 

 

Alioto started off his career at Chicago Mercantile Exchange and later, he moved to PaineWebber in San Francisco. He worked in two technology companies in late 1990s. He co-founded VeriTainer Corporation in 2004, a technology company that specialized on development of scanning systems. He worked in the company for 9 years and part of it as the company’s president.

 

 

Lawrence Alioto developed business interests in medical devices, film production and energy efficient technologies. He financed various businesses in those fields. Currently, he is a member of Kaizen Oil Corp.’s Board of Directors and he is actively involved in the management of the company. Kaizen Oil Corp. uses an asset acquisition model to leverage an advanced oil recovery solution.

 

 

Lawrence Alioto has an extensive experience in finance, corporate development, government affairs as well as business development. He gained the experience and developed a strong expertise on those fields both domestically as well as internationally.

 

 

In a statement, Lawrence Alioto said that he was excited about the opportunity Madison Street Capital gave him. He pointed out that M&A transactions in the tech industry pose new challenges that he is glad to handle. Lawrence Alioto continued to say that the investment banking firm does a good work in providing middle-market firms with an opportunity to grow rapidly and become leading innovators in the technology industry.

 

 

About Madison Street Capital

 

 

Madison Street is a Chicago-based investment banking firm that is dedicated to integrity, excellence and service in providing private equity, M&A, business valuation, venture capital, investment banks, corporate tax planning, financial and investment advisory and capital services to both publicly-held and privately-held companies. It specializes on M&A, Mezzanine capital and financial restructuring. The firm always strives to deliver services to companies that will make them succeed in the global market.

 

 

Madison Street Capital believes in empowering communities it operates in. As it strives to give the best financial services to its clients, it also ventures into philanthropy. Madison Street Capital supports United Way, an international organization which, in partnership with organizations and well-wishers, aims to improve the lives of disadvantaged people and communities. The firm has been in operation for over 13 years and it has built a good reputation over time.

 

Follow Madison Street Capital on Facebook.

 

Innovacare Reinvents Healthcare with a Sustainable Care Model

Innovacare is changing the face of modern physician care with a new business model. Currently, the medical industry is based upon quantity of care instead of quality of care. The company is actively working to change this. Specifically, the payment model is what Innovacare is working on. Primary care providers will start receiving payments around the quality of care. The end result will be improved health and medical care. The rapport between physician and patient is going to grow stronger as a result.

 

Innovacare Health is a provider of managed healthcare services based in Puerto Rico. The public-private partnership has the goal of taking 50% of health care payments and attaching them to the new model by 2018.. The organization will be engaged in the LAN Nationwide Data Collection Effort. Medicaid and Medicare payments will be categorized according to the APM framework. There are at least 100 organizations are on board with the mission to place greater emphasis on care quality. The companies range from from the public, private, and non-profit sectors. For more details visit Crunchbase.

 

Innovacare is now covering hundreds of thousands of beneficiaries totaling over $166 million in annual revenue. The company has an intense growth strategy, allowing them to work with 7,500 primary care physicians. Not too long ago, Innovacare began working with 27 independent physician associations. The health organization plans to continue building partnerships in order to provide more health care services. However, the highest standards are maintained and poorly performing doctors are dropped from the plan. Covered members have access to exclusive centers, community exercise programs, retail discounts, and more. Check out openminds.com

 

 

The CEO of Innovacare, Rick Shinto was formerly the President of Aveta. Penelope Kokkinides who now holds the title of Chief Administrative Officer of Innovacare was previously the Chief Operating Officer of Aveta. Shinto is the recipient of the Access To Care award from the Tribute To Caring Gala. He’s also received the Ernst & Young Entrepreneur of the Year award in 2012. Shinto is responsible for bringing Jonathan Meyers on board with Innovacare as the Chief Actuary Officer. Shinto has entrusted Mike Sortino with the position of Chief Accounting Officer. Shinto speaks highly of all of the newest members brought on board last year. Innovacare plans to continue offering leading plans through their sustainable care model for more than 200,000 individuals.

 

 

Reference: https://www.prnewswire.com/news-releases/new-jersey-based-careone-and-innovacare-continue-providing-assistance-to-victims-of-hurricane-maria-300534504.html

The Chainsmokers: Redefining the Standards of the Music Industry

The Chainsmokers is considered one of the most successful musical duos in the history of music. The band was formed in 2012, and since then, they have produced more than a dozen songs that reached the top rank in numerous music charts across the world. The band consists of Alex Pall and Drew Taggart, who was acquainted by their manager right after persuading them to enter the world of music. Before they became The Chainsmokers, the two individuals worked different jobs. Alex Pall was working at an art gallery as an assistant, while Drew Taggart was a local musician who came all the way from Maine. They managed to impress their manager after showing their talent, and they were promised that they would become popular someday.

The first song that The Chainsmokers released which became a huge hit was “Roses,” then it was followed by several other singles like “Closer,” “Don’t Let Me Down,” and “Paris.” The two have also uploaded their works on their official YouTube channel, and it became viral overnight. Through the internet, The Chainsmokers managed to draw in a lot of fans all over the world, and their albums are one of the most downloaded musical files of all time. Because of the increasing number of their foreign fans, their manager decided to launch them on a world tour. Through their international concerts, Alex Pall and Drew Taggart had the chance to meet their fans from different countries, and they were overwhelmed seeing how many people liked their music.

Alex Pall and Drew Taggart never imagined that their lives would change in an instant. Their dream is now a reality, and they stated that the duo would release more quality music. This year, after they went on a long break that lasted for months, The Chainsmokers return with a new single entitled “Sick Boy.” They told their fans that their new music explores a different side of their characters as musicians, and its message is darker compared to their previous creations. The Chainsmokers stated that they are trying to experiment new strategies on how they can improve their music.

https://www.ticketmaster.com/The-Chainsmokers-tickets/artist/1667791

Fortress Investment Group’s New Times Square Project

Fortress Investment Group was the first major private equity firm to become a publicly traded company. The firm, which currently has over $70 billion under management, has a new real estate project in New York’s Times Square. Fortress and its partners recently purchased the Palace Theater as well as the Marriott EDITION, located at 20 Times Square. In order to acquire full ownership, Fortress Investment Group and Maefield Development purchased bought the shares of former partners Howard Lorber, Ian Schrager, Steve Witkoff, and Winthrop Realty Trust at a total property valuation of $1.53 billion.

The new project was dubbed TSX Broadway and will eventually include two hotels, the EDITION as well as the Doubletree Suites, the location of the Palace Theater. The Doubletree is currently being renovated, but insiders believe that the smaller luxury EDITION will be the more elite of the two properties. The project also includes a full renovation of the Palace Theater, which will involve raising the structure almost 30 feet. The larger Doubletree hotel is expected to have around 700 rooms as well as ample meeting and event space. Fortress Investment Group leadership believes that upon completion, the property will see a significant appreciation in value. To know more about the company click here.

Although it is the smaller of the two hotels, the EDITION boasts a 5,000 sq. feet performance venue, a meeting space, as well as industry-standard fitness facilities. In addition, the upscale venue also has a restaurant and beer garden overlooking Times Square. The EDITION also has a large retail area, with the NFL planning a new 25,000 sq. foot retail space at the property.

Fortress was founded in 1998 by Randal Nardone, Wes Edens, and Rob Kauffman. Lehman Brothers and Goldman Sachs handled the investment firm’s historic IPO in 2007. Fortress Investment Group was honored as the Hedge Fund Manager of the Year for 2014, one of many awards the company has received in its short history.

Learn more: https://www.inc.com/profile/fortress-investment-group