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.
Talk Fusion, a Network marketing company, introduced a new online training program called “Talk Fusion University.” Bob Reina, CEO and founder of the company, who has many years of experience in network marketing industry, is the one offering the training.
This will be successful venture since Bob Reina is a popular contributor for MarTech Adviser and HuffPost. Additionally, Bob has a large following across the globe which makes it easy for him to reach out to many people. This move is a win because Bob Reina regularly gives out motivational messages through Facebook Live.
The University so far hosts over 30 videos. Since there are many self-proclaimed networking experts, Talk Fusion intends to be different from others by focusing on performance and price and the fact that Bob Reina is the trainer who is a proven expert. Talk Fusion University was launched in June 2017 in English and Bahasa and they intend to translate to other languages. The site is now open to the public.
Talk Fusion was founded in 2007 by Bob Reina who is also its CEO. It is a global business that offers video marketing products. Their marketing packages are so enticing where the customers have a 30- day free Trial in using Video Marketing Solution. Independent Associates market the company’s products in over 140 countries. Additionally, these products are so flexible, and anyone can access them easily.
Talk Fusions’ mission is to change peoples’ lives by helping them grow their businesses. They assist businesses by offering them with unique products, and also they help them in marketing hence boosting sales through the use of videos that are memorable and persuasive.
The company has grown immensely because of having specialized personnel who create customized branding and services. They also offer priceless and exclusive value for the business. Their specialized employees also provide their clients with easy to use products which help businesses to achieve their goals. Learn more: https://www.linkedin.com/company/talk-fusion-corporate
Talk Fusion is known to be a philanthropist company that seeks to give back to communities, friends, and animal charities across the globe.