UpWork Joins The Wave Of Tech Companies That Go Public

UpWork was founded in 2014 as a result of the merger between oDesk and Elance, and is a marketplace which offers businesses a platform where they can manage and employ remote freelancer. The company recently announced that they became publicly traded, joining the wave of startup companies which thrived as private companies and are heading toward the stock market.

The original plan was for UpWork to sell 12.27 million shares at a price ranging from $10 to $12, however, the company offers 12.30 million of its shares at a prince ranging from $12 to $14 in order to raise $160 million. It is anticipated that they will raise 18% more in proceeds. Their IPO is part of the recent wave of tech companies which are turning to the public markets in order to fund their growth. Other freelancer forums went public in a short amount of time, meaning that the contractors among the workforce continue to expand.

UpWork was valued at approximately $700 million in 2014, and they have not disclosed the company’s valuation since. According to Pitchbook, besides the capital raised, contributing investors include Benchmark Capital, FirstMark Capital, DAG Ventures, Jackson Square Venture, Stripes Group, and Globespan Capital Partners. The company has been accelerating fast, which is an important factor as to why their investors are optimistic about the company’s financial future.

UpWork’s year-over-year growth improved by 5% from 2017 through the first half of 2018, from 23% to 28%. The company’s core client growth was very high, going from 13% to 22%. In addition, their client spend retention is strong, as they are not only bringing in new clients, they are also generating more from existing ones. They earned in 2017 $5 million in free cash flow, which means that the investors don’t have to worry about liquidity.

UpWork’s Chief Executive Officer, Stephane Kasriel noted that by becoming publicly traded, the company will increase its impact. He added that they make it possible for businesses to find, work and hire freelancers, but that their mission is to create more economic opportunities in order for people to have better lives.

The Successful Journey Of Wes Edens In Entrepreneurship

It is a dream of every entrepreneur to start a company that can attract customers and succeed. But maintaining the top position is not always easy and requires those who are dedicated and willing to risk in their investments. Starting an organization that is successful at the global level can be rewarding and can make one happy. Wes Edens is a great entrepreneur who has worked hard to acquire wealth he has today. The upcoming investors can learn from the financial guru that nothing comes easy without the necessary efforts. He has succeeded mainly because of being dedicated to his work. When he decided to venture into the investment world, he was sure that he would achieve success because he was ready to put the effort needed to excel.

Working for several organizations before starting his business made him increase his reputation, and he marketed the company through his vast portfolio. Some people may achieve quick success in business, but this is not always the case with everyone. For example, Wes Edens started from a humble background, but he has been working his way up. To gain the reputation of being among the most successful professionals in the world requires one to have patience, commitment, and passion for work. Those who have tried to venture in investment world can attest that this is a venture that needs full dedication. That is what some entrepreneurs like Wes Edens have done to be where they are today.

If you want to achieve what Wes Edens has achieved today, you have to understand that you need to exercise virtues like patient and dedication. That is the kind of language that you should be speaking before you can launch your career. No one is born successful. It takes dedication to accomplish what you want in life. When you look at the successful career of Wes Edens, you would think that it is something that happened overnight. The truth is that the entrepreneur has been working for years to be where he is today. He has achieved many things by working with the relevant individuals.

To Learn More Click This Link : www.cnbc.com/video/2018/05/25/fortress-wes-edens-on-brightline-rail-project.html

Robert Ivy On The Benefits Of A Professional Society

Whether you are looking to become the best architect of all time or merely trying to enter into the field, knowing how to progress is an important piece of knowledge. Robert Ivy is the former Editor in Chief at the Architectural Record, one of the largest architectural publications in the world, as well as the CEO of the American Institute of Architects (AIA). As one of the most decorated architects currently in the industry, Robert Ivy is always looking for ways to share his knowledge so that others following his path can know where to aim their efforts. Today, we are going to talk about the benefits of a professional society as told by Ivy himself. Visit the website Architectural Record to learn more about Robert Ivy.

Let’s start by talking about what a professional society is and what it isn’t. A professional society is a membership-based group that is filled with likeminded individuals who are all working toward shared or similar goals. The American Institute of Architects is a professional society for architects wherein the goal is for members to gain knowledge, networking, and professional benefits that will help them cement their career paths. A professional society is not a union or a trade organization, though it may overlap in terms of directives and actionable goals.

Check: http://www.ms-arts-letters.org/winners.html

The American Institute of Architects, according to Robert Ivy, is one of the best ways for an aspiring architect to enter into the industry with the goal of finding success once they get there. At the American Institute of Architects, members will receive all of the benefits that they will need in order to jumpstart their career. At the AIA, members will be able to network directly with the best of the best within the architectural field. Networking is incredibly important but it is not the only tool made available to members of the AIA. Robert Ivy also touts the AIA as one of the only ways that architects can lobby the government in order to support their industry. There is no Big Architect lobbying group in Washington D.C., so Ivy knows that the AIA can help to fill that gap at least on some level. Learn more about Robert Ivy at zdnet.com.

Upwork Helps You Delegate Tasks To The Right People

There is always a to-do list somewhere that needs to be completed. If you are that person that has created a to-do list that needs to be handled you are going to sail through it easily when you have the right players in place. This all comes down to your access to workers that can go beyond what you are physically able to do within the course of a day. It does not make sense to agonize over a list of jobs that are far beyond the time frame that you can do this work. That is going to be the reason why you must always take a look at freelance workers that are available. If you know how to get in touch with other people that can get the work done it becomes easier for you to manage a to-do list.

The most effective thing about freelancing through a website like Upwork is the availability of workers in other states. It does not matter where you live because you still have the ability to connect with freelancers in different parts of the country. This is one of the most important reasons to consider a freelance website. You may live in a rule area where workers that are needed for the type of work you want done are not available. You are then stuck with the limitations of your surroundings if you are only looking at things from the perspective of your city. If, however, you are willing to branch out and look at what is happening in the virtual work world you have a better chance of finding people that can do the jobs that you need to get accomplished.

If you have created a to-do list it is not your job to constantly work yourself into a frenzy. As someone that is managing a to-do list it is your job to make sure that everything is getting done in a timely manner. This is the difference between working a task and delegating responsibility of a task to someone else. You need to know when you can do work and when you can delegate.

A Recap of GoBuyside

GoBuyside is a recruitment platform that mainly specializes in working with the hedge funds, private equity firms, advisory platforms, other investment managers and Fortune organizations across a wide spectrum of mandates and geographies. GoBuyside has professionals with excellent educational credentials and experience which differentiates its execution capabilities while enabling the company to create deep relationships within the market it serves. Read this article at indeed.com.

Factors Driving Compensation in Private Equity Sector

Bonus payments and base salaries for venture capital and private equity professionals have been rising since the year 2004. With various forecasts already released for this year, GoBuyside which is the leading executive search organization discusses the main factors influencing the compensation increase in the private equity sector. The firm contacted a compensation benchmark providing unbiased and independent information on bonus, carried interest, salary and other compensation-related data sourced directly from experts working within the firm.

The firm’s professionals revealed that 65 percent of the respondents involved in the survey reported an increase in their earnings and most of which were provided as bonus payments. The company discovered that private and venture capital experts that are working for established organizations continuously earn more than their peers in smaller companies. From this research, it is clear that the main factor influencing the 4th successive year of the compensation increase is the high demand for fresh investment talents.

Learn: http://inspirery.com/gobuyside-founder-arjun-kapur/

Challenges and Solutions of Investment Management Recruiting

For an industry that strives for leadership and growth, it cannot afford to recruit shortfalls to persist for a long period of time. Lack of new talent among individuals has been a major problem for the past few years. This indicates that it is the right time to review the challenges and their solution for the investment management recruiting. Some of these challenges include competition in all forms, networking difficulties, diversity and inclusiveness, disruptive technologies, shifting skill requirements and rigid regulatory climate. Learn more about GoBuyside’s founder at Interview.net.

Could Betsy DeVos Be Redeemable To Some Liberals?

Is there any case to be made to liberals that Betsy DeVos is actually the kind of person that they could trust? It may seem to be an incredibly difficult case to make on the surface of things. She was appointed by a President that liberals detest. She also has advocated for issues that liberals don’t agree with her entire life. However, there may still be some redeeming qualities about her that make at least some on the left give her a second look over.


She Is Better On LGBT Issues Than Some


It is hard to deny that Betsy DeVos is better on LGBT issues than some Republicans when you hear about how she let an LGBT group know ahead of time that there was going to be a change coming down from the Trump Administration regarding bathroom policies in public schools as they relate to LGBT students. She let them know that this was not a change that she personally agreed with, and she just wanted to give them advance warning that this was going to happen.


Moments like that point to a Betsy DeVos character that is not exactly the person that the media sometimes makes her out to be. She does speak up when she believes that something is wrong.


History Of Charitable Giving


The DeVos family has billions of dollars to its name. They have plenty of resources to donate to anything and anyone that they see fit. They have taken the opportunity to do exactly that with some of their charitable pledges. They have helped to build up their hometown of Grand Rapids, Michigan in particular to make it into something that is more intellectually diverse than it was before.


Going through Grand Rapids, you are bound to notice quite a few buildings with the DeVos name on them. These are all the result of the charity that the family has given to those locations to allow them to exist at all. There are new art museums, medical centers, and so much more downtown now than there was before.


Listening To Others


The final reason why some liberals may want to give Betsy DeVos a chance is because she takes the time to listen to others. One of the first things that she did as the new Secretary of Education was request meetings with the top two teacher’s unions representatives. She was refused by one who didn’t see the meeting as having any merit. However, the other one met with her and had productive conversations. That is the kind of thing that lets you know that Betsy DeVos is not just a standard political figure. She has some flexibility in her image and personality.


Visit http://www.betsydevos.com/ to learn more.

OG Juan Perez Has Been Building The Right Friendships

OG Juan calls home to Harlem in New York. OG Juan met Jay-z in 1996 and eventually opened a sports bar together known as Roc Nation Sports. Throughout the years, OG Juan has been a friend and popular figure across Jay-Z. Jay-Z and OG Juan Perez were introduced by the Kareem, the co-founder of Roc-A-Fella records. After their meetup, OG Juan and Jay-Z were working together throughout the studios for the next two decades. They were also involved in several other business deals together.

Both OG Juan and Jay have an interest in sports, which is what inspired Roc Nation to form into an athletic management company. In recent news, OG Juan and his wife as well as Jay-Z, were the trending topic with a celebration day for OG Juan that amounted to nearly one hundred thousand dollars in a single night. OG Juan and Jay also started the 40/40 club and the Roc-La-Familia record label. To this day, OG Juan and Jay still have the best business ideas that have yet to be hatched.

OG Juan’s wife, Desiree Perez plays a big role at Roc Nation along with Jay Brown, the companies CEO, which have helped the company expand over the years. Desiree is actually excellent when it comes to negotiations and she is usually always apart of the big deals that go down at Roc Nation as well as any other important company decisions. This includes the touring deal for 150 million dollars over ten years that took place in 2008. Jay-Z took on this deal with Live Nation. Desiree Perez also played a role in the discussion for Beyonce’s Formation Tour.

Are Freedom Checks a Viable Investment Opportunity? Matt Badiali Clarifies

The many scams and get-rich-quick schemes in the internet today makes people skeptical about any investment opportunity that emerges through the internet. This is the case for freedom checks. Many Americans are yet to take advantage of the investment opportunity fully. Matt Badiali has come out to make people understand the freedom checks and enable them start earning either monthly or quarterly in form of the freedom checks.The investment opportunity emerged as a result of American government’s efforts to make the country energy independent. Before going further unfolding the opportunities that come with the checks, who is Matt Badiali?

Matt Badiali

He is an investment expert with geology background. Matt Badiali has done a lot of research about companies in the natural resource sector and he is still doing it. Initially, he taught geology in Duke University and the University of North Carolina.He later worked in companies dealing with natural resources where he met and interacted with prominent people such CEOs in the sector who gave him insight on the workings of companies in the sector. Badiali indulged himself in research in the sector, a thing that made many Americans look up to him for investment insight. It is in this endeavors that he released a video online revealing the investment opportunities that has come up as the government is striving to reach energy independence. He believes that U.S. companies in the sector have the potential to make huge profits because the United States of America has huge oil and gas reserve as compared to other countries. The profits will be transferred down to investors through the “checks”.

Is it a legitimate investment opportunity?

Well, it is actually a viable investment opportunity, at least, according to Badiali. MLPs are the companies that issue the freedom checks. For a company to qualify to be a MLP, it has to meet a set of conditions. Apparently, more than 568 companies are qualified to issue the payments. The fact that they come with additional tax benefits is a plus. On his part, he has earned from the opportunity massively and he has inspired many people to earn from the opportunity. Apparently, there is a considerable amount of evidence pointing towards the legitimacy of freedom checks and they could be the future of the industry.

Investment and Leadership Tips from Peter Briger

Peter Briger is placed in the 317th position of the Forbes Billionaire List. The position indicates that he is a successful global entrepreneur. Over the years, he has employed unique investment strategies that have allowed him to accumulate a vast volume of wealth. Peter Briger serves the co-chairman and president of the Fortress Credit Corporation. He co-founded the Fortress Investment Group with other professionals such as Rob Kauffman, Randal Nardone and Wes Edens. In 2017, he was elected as the CEO of the investment firm. He has propelled the operations of the group to new ventures in both the real estate and the energy sector. Briger is the head of the real estate and credit business of the Fortress Corporation.

Briger’s leadership skills can also be traced in his participation in different philanthropic activities that target marginalised groups. He is the director and active member of the Tipping Point Organization. The organization has been instrumental in empowering low-income families in San Francisco and other areas. He further serves as a member of the Caliber Schools board. The calibre schools offer leadership and investment coaching services to the learners. Over the years, Peter Briger has also made contributions to the Princeton Alumni Entrepreneurs Fund. The Funds are used to assist graduates who wish to start business ventures.

Peter Briger Early Life and Professional Contributions

Pete Briger attended the University of Pennsylvania and the Princeton University. He attained vital skills in both investment and leadership. He later worked in Goldman & Sachs co. for 15 years. He co-founded the group in 1996. He has also worked for groups such as the Linktone Ltd, Whole Loan Sales and Trading Business, Asian Real Estates Private equity business, Spearhead LLC and other institutions. He joined the Fortress group in 2002 and had helped improve the competitive advantage of the group by introducing innovative products and services. Although Softbank Group Corp acquired the group in 2017, Briger was retained as part of the professional team. The move was prompted by the desire to retain the positive organizational culture. Based on his contributions, Pete can be cited as having empowered many people and groups attain financial success.

Visit his website: http://petebriger.com/

OSI Industries: The Value of Technology in Enhancing Growth and Development

Every company desires to gain recognition in the international marketplace. For OSI Industries, this is a dream come true. OSI sets the pace with the most valuable success stories existing in America’s business history. From a simple family-owned butcher shop in Chicago, the Company operates today as a renowned global market leader in food production. The firm still seeks to establish an extensive international market base following the modern day globalization.

During its existence, OSI Industries is committed to ensuring sustainability in its food production processes. OSI boasts of a series of innovations in enhancing its growth and development. Over the years, the firm heavily relies on the cutting-edge technology to run its operations. The contract to supply meat products to the McDonald’s initial chain of restaurants marked a significant milestone for OSI Industries into gaining worldwide recognition.

OSI Industries emerged number 58 in the 2006 Forbes listings of the largest privately operated companies with a total of 6.1 billion dollars net worth. OSI owes its significant growth in its tendency to incorporate new technological innovations in running its daily business operations. The company recently adopted the liquid-form nitrogen cryogenic freezing model technology. It tremendously eases activities in the production of food, storage and also the transportation of the products. The company’s efforts to incorporate new technology in its operations greatly contribute to its growth. Moreover, the debut of Sheldon Lavin into the leadership of the company has seen OSI through various milestones in its development efforts. Through his commitment and expertise, the Company is unstoppable in the food processing industry.

Under Lavin’s leadership, OSI prides itself in many prime awards for its sustainable production efforts. Some of these awards include one from the British Safety Council, the Globe of Honor Award. Also, OSI is the custodian of the North American Meat Institute’s Environmental Award. Sheldon was personally honored with the Global Visionary prestigious award. Additionally, the company has successfully managed various joint businesses and acquisitions to supplement its business and gain a wider market reach.

Following the management and leadership techniques from dedicated and experienced leaders, OSI continues to thrive into greatness. With David McDonald and Sheldon Lavin heading the company, they ensure to uphold OSI’s sustainable growth strategies. OSI also relies on the services of approximately 20,000 employees who effectively run its operations in its 65 facilities located across 17 countries globally. Besides, OSI values excellent customer relations and service delivery.

OSI Industries seeks to maintain a stable base for a sustainable future. It is also continuously involved in the generation of new innovative ideas that meet the changing demands of consumers in the industry globally.