David Zalik creates new lending model with GreenSky

David Zalik immigrated to the United States with his family when he was still hardly able to walk. But despite hailing from a completely different culture, the young Zalik proved to be a prodigiously capable student from his earliest years. By the time he was of middle-school age, Zalik had already skipped through almost the entirety of the public-school curriculum. He ended up graduating when he was 12 and attending Auburn University. There, he decided to major in computer science.

But Zalik quickly became bored with the academic environment. At age 14, he dropped out of college to start his own computer company. Called MicroTech, the company proved to be a slow but steady success. At age 22, Zalik sold the company for around $5 million. He then plowed all of his profits into Atlanta-area commercial real estate. Over the next 10 years, Zalik founded a number of other startups. One of those, OutWeb, was an e-consultancy that worked with some of the largest home improvement companies in the country. This was where Zalik first noticed that there was a terrible leak in the home-improvement business model.

Homeowners, who usually had no experience with contracting, often wanted to do costly remodeling projects. However, when these inexperienced home remodelers discovered that they had inevitably underestimated the true cost of their projects by five-figure amounts, the deals would often fall through. This provided the idea behind GreenSky . Zalik risked his entire net worth to found GreenSky , which he believed could create billions of dollars in value each year while helping every party involved.

GreenSky  creates value for everyone

Zalik realized that if he could create a technology that could instantly line up large lenders with these often high-credit-scoring customers at the point of sale, then huge value could be created for everyone. GreenSky  provided the solution. Today, GreenSky  facilitates the origination of billions of dollars in point-of-sale instant loans to prime borrowers. It helps push through sales for retailers, gets contractors working, gives lenders high-quality loans and, most importantly, helps homeowners to complete value-adding renovations that help boost their home prices.

https://www.indeed.com/q-Greensky-Credit-jobs.html

The Craziest Predictions From the Shervin Pishevar Tweet Storm

In the past few years, there have been a number of Silicon Valley executives who have let loose on Twitter with their off the wall predictions and opinions. Now, everyone is talking about the incredible 21-hour tweet storm by tech execuaitve Shervin Pishevar. Below are some of the highlights from one of the wildest social media explosions of the past year.

The Dow Will Crash

Shervin Pishevar started off with a bang. The Silicon Valley executive predicted that the U.S. stock market would soon end its 10 year bull run with a 6,000 point crash. If that comes to pass, it would mark the biggest downturn, in the market, since the 2008 financial meltdown.

Bitcoin Will Blow Up

Going a bit further, Mr. Pishevar predicted that the granddaddy of all crypto coins, Bitcoin, would crash 75% to 90%. That would put Bitcoin in the $2,000 to $5,000 range. That would mark an incredible fall from Bitcoin’s high of $20,000 in late 2017.

Silicon Valley is No Longer a Tech Haven

Shervin Pishevar also predicted some doom and gloom for his own hometown. The tech exec believes that Silicon Valley will no longer be the center of start-ups. Instead, new companies will stay where they are and communicate with their workers and clients online.

U.S. Companies Have Too Much Control

Mr. Pishevar also believes that companies like Apple, Amazon and Google have become the “Ma Bell” of the 21st century. And that these tech titans have too much power and are stifling small company growth. In fact, Mr. Pishevar believes that Uber will be the last tech start-up to make it as a large tech firm.

American Infrastructure Is In Trouble

Finally, Shervin Pishevar believes that American infrastructure is in big trouble. The tech leader points out to the fact that China is now able to build an entire railway station in 9 hours while American railways rust.

Many of Shervin Pishevar’s tweets have been shared all over the social media world. And some people are anxiously awaiting whether or not some of these predictions come true. As the months past, everyone on Twitter will soon find out if any of these wild predictions will come true.

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