Posted in Website

UpWork Launches IPO To Become Dominant Force In Gig Economy

One of the most significant initial public offerings (IPO) in quite some time happened in early October. The freelancing platform UpWork (NASDAQ : UPWK) went public and experienced a 50% increase in its share price.

The company is riding a new wave of independent contractors and freelancers that are driving the world economy.

What Is UpWork?

UpWork was formed in 2014 when Elance and oDesk, two of the pioneers in the freelancing space, merged to form one of the largest freelancing platforms in the world. Freelancers (and businesses) have been flocking to the sight ever since.

Following the merger, UpWork has raised over $100 million from outside investors with its biggest stakeholders being Benchmark (15%), Sigma Partners (14%), and T. Rowe Price (10%).

UpWork went public with an IPO price of $15 a share. On the initial day of trading, the shares hit $23 a share. A 50% price increase.

Dominating The Gig Economy

As more and more young workers are turning away from traditional career paths, sites like UpWork are benefiting from this trend. These freelancers want freedom and a flexible work schedule. UpWork provides them with a platform to carve out their own nigh in their chosen industry.

While there are a number of platforms out there that allow individuals to participate in the gig economy, Uber, Fiverr, and Airbnb, UpWork is the largest platform dedicated to bringing freelancers and companies together to complete both short and long-term projects.

By using a rating and feedback system, UpWork allows freelancers and companies to build trust across the platform and gives users assurances that they are dealing with reputable partners. Because of this, UpWork has become one of the most profitable sites of its kind.

The Future

According to a recent study conducted by Harvard University and Princeton University economists, 94% of the net job growth over the past decade has come from “alternative work” and consultant labor. UpWork is uniquely positioned to take advantage of that trend.

They have also determined that the freelancing economy will be the fastest growing segment of the US economy going forward.

Just as the US economy moved from an agriculture-based economy to an industrialized one in the 18th to 19th centuries, we are now seeing a shift from corporate-dominated economy to one of freelancers and contract workers.

As the very fabric of the global economy shifts toward independent workers, UpWork and sites like it are poised to be dominant players in this new fashion of working. As their IPO would indicate, Wall Street is placing its bets on this developing trend and sees it as a very profitable endeavor.

Posted in Financial Expert

Igor Cornelsen: From an Engineering Student to an Investment Banker

Born in 1947, Igor Cornelsen grew up in the Brazilian city of Curitiba. He joined the Federal University of Parana at the age of 18 to study engineering, which at the time was a coveted course offered in the only engineering school in the States of Parana and Santa Catarina. He developed a passion for economics two years into the engineering course, which forced him to change his course to economics. He began his career in an investment bank after his graduation in 1970. Calculators and computers were not widely used at the time, and Igor became a valuable asset to his employer. Igor made many achievements in his school and career life such as being the best student in his class, promotion to the board of directors at Multibanco in 1974, and Chief Executive Officer in 1976. Later on, he moved to Unibanco, a leading investment bank in Brazil, where he worked up to 1985 after which he moved to Libra Bank.

Libra Bank was a London Merchant Bank which opened a range of growth opportunities for Igor Cornelsen. He later joined the Standard Chartered Merchant Bank as an Investment banker and a representative. After successfully working as a member of the board of directors for seven years, he left to launch his investment firm in 1995. Presently, Igor Cornelsen works as an investment manager in his firm, providing the same services he did while he was working for the London merchant banks. The idea behind his business came from his vast experience in the investment sector. Igor has a keen interest in international news and studying various economies and companies. Igor develops his investment ideas through following countries whose investment assets are appreciating in value and selling the assets that deteriorate in value as a result of economic decisions or political problems.

Posted in Bottled Water, Business, CEO, Company, Entrepreneur, Health

Waiakea Water and Their Volcanic Efforts

Waiakea Water is a volcanic water company from Hawaii. The initiated efforts in 2012 and became the first volcanic Hawaiian water company. There are a number of differences with Waiakea Water versus regular bottled water. Waiakea bottled water has a pH of 8.8, which is an alkaline pH. Waiakea Water has been sourcing their water sustainable from a Kea’au aquifer located in Hawaii. Waiakea Water stated that once they sell a liter of water, they also donate a weeks worth of Pump Aid to those who are in need of assistance. They believe in maintaining and creating clean water for the world’s population, as well as preserving the natural resources available to us.

Waiakea Water has states their water comes from melted snow and rain that forms on the snowcapped peak at the Mauna Loa Mountains. The water is then purified and filtered by porous lava rock. The volcano and mountains are secluded from pollutions and contaminants. The environment is said to create a bio-diverse preserve of natural forest land in order to maintain the eco system in the area of water collection.

Waiakea has made many efforts to reduce their carbon footprint and create sustainably sourced water for the future of our ecosystem. Waiakea announced fully degradable bottles in 2017. They have stated efforts to instate this change will take place within a year. The quality of sustainability is important to Waiakea Water, and fuels more positive ripple efforts in the community. It is important to be conscious of the amount of plastic used on an everyday basis.

Waiakea Water is a partner of TimePlast, which is the only patented additive that makes plastic water bottles nano-degradable. This partnership is strategic and benefits both parties in order to provide sustainably sourced water in degradable bottles. The efforts of both companies need to be aligned in order to create a joint operation of providing quality water in safe and effective degradable packaging. Waiakea’s water bottles are said to degrade 97 times faster compared to regular single-use plastic water bottles.

https://www.luckyvitamin.com/p-1144099-waiakea-hawaiian-volcanic-water-1-liter

 

Posted in Business, CEO, Company, Entrepreneur, Fashion

Doe Deere: An American Success Story

CEO and founder of makeup company LimeCrime and fashion brand Poppy Angeloff, Doe Deere was actually born Xenia Vorotova in Izhevsk, Russia. After emigrating to the US with her mother and sister at the age of 17, she found herself in New York City, where life was more challenging than she imagined.

Throughout her life she idealized the US, considering it to be a place of great opportunity. But after arriving, the realities of living in a new country harshly set in. Her mother, who had been an accomplished accountant in Russia, was unable to get such work in the US since it took so long for her credentials to be sent. In the meantime, she did domestic work while Deere and her sister worked hard to sustain the family financially. But unfortunately, they had to ultimately move into a homeless shelter. Yet here they had access to important resources which helped them get their lives back on track. They learned about a non-profit called Sanctuary for Immigrants, led by Dorchen Leidholdt. Described by Deere as “a lawyer, feminist, and all-around inspiring woman,” she helped the family move into an apartment. Although it was in a rough neighborhood, they had their own space with a kitchen and separate rooms for Deere and her sister. Leidholdt also helped the family in other ways. Deere’s mother was able to get a job as an accountant, her sister got into Columbia University, and Deere got into the Fashion Institute of Technology through her efforts.

 

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Lorelei fighting off those #californiafires like… 👊🏻 Yesterday, a fire just 3 miles away began encroaching. They put it out and we had one peaceful night. This morning, ANOTHER fire erupted, in a completely different direction but this time even closer to our home!! 🔥 Due to extreme winds it was moving towards us quickly – neighborhood next to us was evacuated and we were getting ready to go, too. However, firefighters responded with force and it was contained by late afternoon! Whew! I’m grateful that we get to sleep at home again tonight (with one 👁 open), but don’t know how much longer we can hold out living in constant fear of losing everything… It’s been absolutely awful, but we know we must stay strong for our daughter.

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Afterwards, Deere became a serial entrepreneur creating brands like LimeCrime and Poppy Angeloff. LimeCrime is currently in its 10th year. It has various lines of makeup, lipstick, and other beauty products, often featured in bright colors. They have the distinction of selling products that aren’t tested on animals and are also vegan, meaning that they don’t include animal ingredients or by-products like beeswax, carmine, or other compounds. Poppy Angeloff is Deere’s new jewelry brand, that includes Victorian-inspired jewelry and carries the Victoria theme into its Pansy logo. With Poppy Angeloff, Deere plans to sell heirloom jewelry at affordable prices.

https://www.prnewswire.com/news-releases/lime-crime-founder-doe-deere-reassures-fans-speaks-out-on-decision-to-sell-company-her-new-role-and-exciting-future-plans-300683887.html

Posted in Business, CEO, Company, Entrepreneur

Robert Deignan career development and his relationship with technology

Robert Deignan is a co-founder and the current CEO of ATS Digital Services, a technology solution providing company that has been in operation for more than ten years with experience in the security software market. Robert Deignan was born in Fort Lauderdale and is an alumnus of St. Thomas Aquinas from which he earned a full sponsorship to join the Purdue University where he graduated with a Bachelor’s degree in Organizational Leadership in 1995. He started his first business, Fanlink, inc. in 1998 after the 1997 and 1998 stint between the New York Jets and Miami Dolphins. Mr. Deignan loves sports, and he is an active participant in offshore fishing events besides his role in ATS Digital.

After gaining experience working in a software company, Robert Deignan and his partners had faced challenges in the installation of the anti-malware software to the client’s machines. He later decided to create a trial software with his partners that gave the users a fifteen-day trial period after which they can purchase it. In 2009, Robert Deignan discovered that some malware products blocked the installation of their products and that is when they started a technical support team that will help the users in the installation of the product.

Robert Deignan believes that a maintain healthy relationship with your technology is critical in the success of a business. He offered the three key points that help in improving the link, the first thing that he pointed out is that from a recent research UC Irvine, it was found that multiple screens can distract a person and reduce concentration and productivity. He states that a person should dedicate the relationship to technology and not having the technology committed. The second main point that Robert Deignan said is that the use of technology changes our line of thinking and the most important thing is to know how to diversify tasks daily instead of using the devices all day. He encourages reading books to be able to improve your imagination. Robert Deignan stated that the design of technology is to addict the user so that the developer can earn.

http://dcbbf.org/carolina-boat-builders-tournament-saturday-night-2017-awards-scholarship-night/

Posted in Artist, Entertainment, Music Entertainment, Music Industry, People, Youtube Celebrities

Alex Pall Discusses Career In Interview With Rosenzweig

Throughout the past few years, the Chainsmokers have risen from the depths of obscurity to become one of the most famous musical acts of our generation. So just how have they managed to accrue such a pervasive amount of fame in such a short period of time? Alex Pall recently sat down with Mathias Rosenzweig to discuss how they rocketed to success, how they deal with the fame and fortune, and where they would like to go in the future of their career. The two first met in the big apple when Andrew Taggart was matriculating at one of the local universities and Pall was trying to make it as a fledgling DJ. It was Pall’s manager who introduced them and they instantly knew they would work well together which led to their frequent collaborations in the studio.

It wasn’t long before they were making music together on a regular basis and, before long, they had their first hit single on their hands with the release of Selfie. One hit single led to another and, before they knew it, they had become a household name. When discussing their most recent collaboration with Halsey, he had nothing but nice things to say about her, noting that she’s a fun and unique artist who isn’t afraid to let her individuality shine through. While most DJs don’t sing on their own songs, they are one of the few exceptions but they insist it’s necessary due to the fact that the lyrics pertain to their own lives and experiences.

Their fanbase used to consist mostly of high school students and young adults but it has since expanded to include people of all ages. As for their live concerts, they’ve been constantly growing and evolving as the music industry continues to change. And they have said they have no interest in taking any sort of hiatus from the music industry as they realize things wouldn’t be the same upon their return. So we wish them the best of luck in the future of their careers and hope they have continued success in the music industry.

https://www.etonline.com/halsey-and-the-chainsmokers-remember-avicii-in-heartfelt-tributes-at-the-2018-bbmas-102669

Posted in CEO

WAX: A Decentralized Platform that promotes secure online transactions in the gaming industry

Due to the increase in the use of virtual gaming gear over the few years, the digital networks that offer such items have also increased immensely. With more accessibility, there has been an increased vulnerability of players to fall prey to cyber attacks. Gamers are at times exploited by being charged high fees for these items. WAX a decentralized platformv that allows people to buy and sell virtual assets seeks to address these issues.

One of the key steps the team at WAX has done to make this happen is consolidating the marketplace and putting in place a one-stop shop for such items. To make things even easier, the firm has come up with WAX tokens, a blockchain technology, to facilitate the exchange of these digital assets. With WAX tokens, hackers are kept away, and currency exchange fees are eliminated, making it convenient for gamersv to transact. For gamers, this is quite an experience since many of the weapon skins traded by WAX are unique. They are even allowing the gamers to apply appealing designs to their weapons. It is no doubt that WAX is revolutionizing the online game trading platform.

Malcolm Casselle is a digital entrepreneur and the President of Worldwide Asset Exchange (WAX). Malcolm also serves as the Chief Information Officer of OPSkins. Mr. Casselle is known for his expertise in the digital industry has worked in numerous other companies before joining WAX. Malcolm Cassellev attended the Massachusetts Institute of Technology and graduated with a bachelor’s degree in Computer Science. Malcolm went on to further his studies at Stanford University from where he graduated with a masters degree in Computer Science.

Malcolm’s career began in 1995 when he co-founded NetNoir, a media production website. From 1999 to 2002, Malcolm worked at Pacific Century Cyber Works as the Senior Vice President. From 2006, he served as the director of Capital Union Investments before leaving the post in 2013. From January 2013; Malcolm has been the Chief Executive Officer of Mediapass. It was in the same year that he co-founded a social media tracking softwarev firm known as Timeline Labs. Seachange International, later on, acquired the Company and Malcolm seized being the CEO and became the Senior Vice President. It was in 2017 that Malcolm Casselle was named the CIO of OPSkins and President of WAX.

Find out more about Malcolm CasSelle: http://casselle.com/

Posted in Business, Business Leader, CEO

Louis Chenevert ‘s Succesful Career and Inspiring Life

Louis Chenevert is a household name in Canada’s business world. The 60-year-old mogul has made a name throughout his career, holding different positions in many companies.

Born in Quebec, Louis Chenevert expressed his interest in the business at a tender age. He was focused on how to make his life and those of people around him better. As a result, he grew up understanding importance entrepreneurship. His first major gig was with General Motors at St. Therese, Quebec. Guy Hachey. Louis had studied production management at the university level, and the skills acquired helped him in his role. Louis left General Motors after a 14-year stint at the company, heading to Pratt & Whitney Canada where he served different positions. He worked as vice-president of operations and later on was promoted to president. Louis Chênevert has also worked as Senior Industry Advisor at the Goldman Sachs Merchant Banking Division.

Louis Chenevert has always thrived in his career. Individuals who work with him state that he has the passion and will to work. His knowledge about the auto industry and technology is unmatched, and his name always pops up when discussions about the industry come up. His leadership is exemplary. Those who work under him can attest that Louis Chenevert is both ambitious and understanding. Guy Hachey, an old friend of Mr. Chenevert has in the past said that he enjoyed the time the two worked together at General Motors assembly in Montréal, as Mr. Chenevert is unmatched in his work.

Being Chairman of HEC Montreal’s International Advisory Board and a founding director and Chairman of the Board of Directors for the Friends of HEC, Mr. displayed his expertise in business, and ability to lead. When at United Technologies Corporation, the business mogul concentrated his energy on operational talent and engineering, making dreams a reality in UTC.

When talking about employees’ welfare, Chenevert insists that hard workers should be honored. Looking at how inspiring his life story is, one can’t help but salute the man for the work he has put in throughout the years. That could be the reason he believes everyone who puts in maximum energy should be immensely rewarded. He encourages employers to make the workplace comfortable for employees and even enroll them for scholar programs if possible.

https://www.crunchbase.com/person/louis-r-chenevert#/entity

Posted in Business Finance, Entertainment

Ryan Seacrest Makes His Jobs Look Easy

Ryan Seacrest, 43, claims he can only do so much in this lifetime. The man who literally has it all, recently moved to New York to host Live with Kelly Ripa. Seacrest also hosts a more than one nationally-syndicated radio show and recently teamed up with Burberry’s Christopher bailey to form his own clothing line.

With all he does, he still has to prioritize. His finds way to juggle his daily routine to ensure everything gets done.

“I usually get up around 6 a.m. to get my exercise in.” Seacrest works out with his trainer, Herman Santa, for about an hour. He eats breakfast, drinks coffee, and takes a a car to his job. “I can often read the newspaper on the way.”

Seacrest has a lot of things on his plate these days. He got his start in radio as a high schooler in Atlanta. After his first gig, he dropped out of the University of Georgia and moved to the West Coast; he hasn’t looked back.

Now, Seacrest is one of the most recognizable individuals on television. His true calling came when he started hosting reality singing show American Idol on Fox in 2002. The show catapulted him to massive stardom.

Since that point, TV host Seacrest has hosted a number of shows including ABC’S Dick Clark’s New Year’s Rocking Eve, Larry King Live and Deadline Hollywood. He has signed a number of multi-year contracts, including with E Network to produce Keeping Up With the Kardashians, Khloe and Lamar and Khloe and Kim Take New York.

Seacrest (@RyanSeacrest) says he is able to take some time off to unwind. He admits he’s a huge foodie and loves vegan most of the time. Seacrest says he learned his biggest lessons from his mentor, Dick Clark.

“Dick always told me if you can do a job and make it look easy, you have it made. That’s something I’ll never forget.”

Reference: https://www.gq.com/story/ryan-seacrest-interview-american-idol-kardashian-knocked-up

Posted in Business Advice, Business Leader

Hussain Sajwani – Premiere Luxury Developer in the Middle East

Hussain Sajwani founded his company, DAMAC Properties Dubai in 2002. He is both chairman and CEO of the group. Headquartered in Dubai, United Arab Emirates, they are involved in developing residential, leisure, and commercial properties in Dubai and the Middle East. DAMAC has partnered with renowned industry leaders Versace, Fendi, Just Cavalli, and Bugatti to create their award winning high-end golf course communities and high-rise luxury apartments. They also operate and manage luxury hotels under the Paramount Hotels and Resorts umbrella. They are now the largest private real estate developer in the Middle East.

Sajwani began his career during the 1980’s in the food service industry, catering to workers in the energy sector as well as serving US troops during operation Desert Storm. This experience allowed him to make contacts with influential people establishing relationships which would later prove both financially and personally beneficial . In 2001, after establishing himself in the catering industry, Dubai began allowing foreigners to own property which led to the development of DAMAC Properties.

DAMAC Properties is known for its grandiose approach to property development. They focus on 5-star developments and market them aggressively. According to alaraby.co.uk, they have even been known for giving away free Lamborghinis to apartment buyers. This mindset and business strategy may be one reason why his family is closely connected with the Trump family. He and Donald Trump collaborated on two golf courses in 2013, both situated within Dubai developments financed by the DAMAC group. While Donald Trump has pulled back from any business deals during the tenure of his presidency, both families are still very much intertwined on a personal level.

DAMAC Properties is also very focused on their philanthropic efforts for the younger generation in the middle east. They recognize the importance of nurturing their future leaders and are aware of the poverty issues that surround them. They recently partnered with Emirates Red Crescent, a humanitarian organization, to establish a fund to supply much-needed clothing to needy children in the Middle East. They were able to white a check for AED two million to help support the fund.

Recommended you read: http://www.alkhaleej.ae/economics/page/fe8c106f-a20f-4223-9ff9-0cf88df61a45