GreenSky Rewarded For Thinking Out of the Box

David Zalik, the Chief Executive Officer (CEO) of GreenSky, is not like other CEOs of a major company.

Zalik, a billionaire, does not talk to the media much. He does not accept invitations to conferences. He has not spent last ten years raising outside capital. His employees don’t get free food or play games.

The latest move by his company is definitely something that other Silicon Valley companies would do. The Wall Street Journal believes that Zalik’s company will do an IPO but it will do it confidentiality. This move is unconventional but it will raise his company $1 billion with a $5 billion valuation.

If Zalik does go public, he would not be doing the same as companies like Credit Karma, Stripe and Uber as they don’t plan to go public. Private companies don’t go public because when they do, they are heavily pressured by investors and quarterly earnings. They can keep the cash to keep the company operating and growing.

Zalik’s company could change its mind and it will not do an IPO. It will not fill out the paperwork with Securities and Exchange Commission (SEC). This move would mean that it can prepare without the public spotlight on it.

Zalik, a 44-year-old, founded GreenSkyin 2006 and has, without fanfare, developed one of the biggest financial technology companies in America. Most companies like GreenSky would complain about banks and suggest to the public that they are a better way to do finance. Zalik has no problem with banks and actually has been working with banks for many years. n

One of the keys to GreenSky’s success that its bank partners are the ones who are taking the financial risk. Some of its bank partners are SunTrust, Regions and Fifth Third and they are the ones that GreenSky loans as part of their balance sheets. Zalik’s company will not be in trouble if any of these loans defaults. GreenSky does benefit from their relationship with their bank partners and they pay 1 percent of the balance from GreenSky loans.

Zalik thinks out of the box and so far, has been rewarded for doing so.

ClassDojo Revolutionizes Learning in Schools

ClassDojo is an app that is used in the classroom for communication between parents, teachers and students. It is used throughout the school day to share student activities such classroom sessions, videos, photos, teacher’s notifications to parents and parent’s observations and questions.

ClassDojo helps the three parties work together as a unified team and as the information is sent and received in real time, there is no time lapse in the process. The students love the ClassJojo because it is what they are used to with the advent of smartphones and early computer literacy with most children.

Class Dojo has used actively in 90 percent of Kindergarten through Eighth-Grade schools in the United States as well as 180 other countries around the world. One in three students in the US from the ages of 5 to 14 has learned about the core principles in ClassDojo pertaining to Growth Mindset and Empathy.

ClassDojo gets into a lot of social skills and appreciation for other people and the empathy that it takes to involve themselves with other people and the things that they care about. Mindset is all about attitude and appreciation. Students learn to appreciate one another as well as parents and teachers, and how they can work together to attain a common goal.

Many of the tasks that take rote learning can be aided with ClassDojo, such as math and grammar studies. Plus the kids get to send home the goodies, like the “A” on the math paper, the great art picture they made in class, and videos. ClassDojo makes school fun and at the same time gets everyone on the same page of learning.


In the 1980’s, a child from a low-income family in San Jose had a chance of making it in life like a child in Denmark. Fast forward the script, now children in San Jose’s lower income families are finding it hard to make ends meet. It is challenging for them to make it in life due to the high standard of living and sky rocketing property prices in the area.

Explaining Rocketship Education

Rocketship education system is based on a non-profit platform which serves primarily in low-income populations to enrich and enable students to get a decent education. This education aims to inspire and build strong students who perhaps can get a chance to get a college education in their future. Their primary objective is to give students a bright future where they can be self-reliant and stand on their own two feet. The Rocketship education system tries to remove a gap whereby it aims to see children from low-income families in neighborhoods around the country achieve their dreams and desires just like other kids in the country.

Celebrity Offerings

Netflix CEO, Reed Hastings, has already donated a hundred million dollars to the education plans in the area. Also, Mark Zuckerburg (Facebook CEO) and his wife have already invested in the education system too and are using technology to leverage their educational plans for the Rocketship education system. A former famous tennis star called Andre Agassi has also donated to the education system of Rocketship. He is very sad at how the level of education had deteriorated for some urban kids from low-income families and together with a colleague; they formed a fund called the Turner-Agassi school fund to help children attain a decent education from urban sectors of the nation.

Hope for the future

Before Rocketship, San Jose area saw three out of every four students struggling academically. With funding and more celebrities joining the cause, students are now doing well in school with those graduating from high school and joining four-year courses at the college. Rocketship is a genius idea that has helped a lot of children from less fortunate backgrounds achieve their dreams.