Category Archives: business

Talkspace Hires Neil Leibowitz, a Medical Officer from UnitedHealth

Talkspace, which is an online start-up which offers online therapy via video chat has hired Neil Leibowitz a medical officer from United Health to be prescribed medicines to the patients through the app. Through the online business of meeting the needs of the patients, the company has been able to generate millions of dollars in revenue according to its CEO Oren Frank. The company claims to have reached one million users who are paying for the therapy services, and it is projected that the number will keep on increasing.

According to Oren Frank, the CEO of Talkspace, Neil Leibowitz brings the experience he has earned at UnitedHealth, and if they tap his potential, the company will benefit immensely. The hiring of a medical officer comes only when the company just built its enterprise business and a considerable potential IPO. Once Neil Leibowitz will be on the board of the Talkspace physicians he will be prescribing medicines to the patients. The company is yet to set rules on what can be prescribed and what cannot be prescribed according to Neil Leibowitz. Other independent consultants will only be able to prescribe medicines according to the rules set by the federal regulations. Follow Oren Frank on Twitter for updates.

The cost of therapy sessions

Currently, Talkspace offers a $79 weekly services, which cover talking to a therapist online, an additional $49 for messaging a mental health care professional. If the one wishes to continue consulting the therapist for further treatment the payment will vary depending on their condition and the charges of the therapist. According to Oren Frank, the company is generating millions of money from their online therapy services.

Focus on mental health

The company is mainly focused on issues of, mental health; this can be seen on the issues Oren Frank posts on his social media account. He especially focuses on the issue of depression on his twitter account. He says that Talkspace makes their patients have a different perspective on mental issues and that they can overcome any mental challenge.

Read more: https://www.huffingtonpost.com/author/oren-frank

 

The Truth About Shervin Pishevar and His 21-Hour Tweet Storm

Shervin Pishevar’s a super angel investor, an entrepreneur, a venture capitalist and a humanitarian. Shervin is a co-founder and previous chairperson of the Hyperloop One Company. He’s the managing director and co-founder of Sherpa Capital as well. The firm acts as a venture capital fund and has put money into several companies such as Munchery, Uber and Airbnb. As a developer and angel investor, Shervin Pishevar has put capital into more than 60 companies.

He used to be the chairperson and the managing director for the Menlo Ventures Company. He handled many investments in companies like Warby Parker, Turblr, the Machine Zone and Uber during his time there. He’s currently a lead strategic advisor for Uber. He held a position as the board observer for Uber from 2011-2015. He set up and operated different technology-enabled companies like the HyperOffice. He now is part-owner of Dollar Shave Club, Warby Parker and various e-commerce brands.

Shervin Pishevar 21-Hour Tweet Storm

Most of you will recognize Shervin Pishevar because of how he set himself apart during his time as a super angel investor for Uber. His recent statements began because of a financial storm. He noticed the turmoil was coming many months following his initial tweets in February of last year.

Shervin Pishevar made another influential statement as he was talking about the end of the Silicon Valley after dinner. Pishevar also analyzed how volatile the bonds are and the way he believed it would ripple adversely over the market of today. The following details a few of the primary points Shervin made during the 21-hour tweetstorm.

The Usefulness of Government Bonds

Central banking has used bonds to connect markets once again by utilizing quantitative easing in the last couple of years. Pishevar holds a firm belief that this strategy is not going to work this next time around according to his tweets. He argues that this method has been used too much in the past to be effective any longer.

The Five Big Unicorns

He identified Microsoft, Apple, Google, Amazon and Alphabet as monopolies in his tweets. Shervin Pishevar predicts and warns that the trend of these companies and their acquisition of startups will fail the subsisting economy.

https://mashable.com/2017/08/30/uber-shervin-pishevar-travis-kalanick-letter/#SL1POhrZTkqB

Hedge Fund Hall Of Famer Shervin Pishevar Knew The Economy Would Tank On Trump’s Watch

When Shervin Pishevar went on a no-holds-barred tweetstorm in February 2018, most investors thought Pishevar was way off base. Back in February, President Trump said the economy will stay strong while he slept in the White House. But Shervin Pishevar read the investment tea leaves, and what he saw shook him awake. Mr. Pishevar started his now-famous tweetstorm by telling the world the stock market was not the place investors should be during Trump’s presidency.

 Shervin Pishevar predicted a 6,000-point stock market drop a year ago. But most investors didn’t listen to the investor who made Uber and Airbnb household names. Shervin put up $21 million to get Uber off the ground when he worked for Menlo Ventures. He followed that win with investments in Postmates, Warby Parker, and several other startups. Shervin Pishevar became one of Silicon Valley’s top investor’s thanks to his ability to spot winners before other investors.

But even though Pishevar is a member of the Silicon Valley riding high club, he didn’t mince any tweeting words when he said the Valley may not be the startup capital of the world much longer. The Chinese want to dethrone Silicon Valley, and Shervin Pishevar thinks that will happen within the next two years.

Mr. Pishevar also threw bond market investors a tweeting curb ball when he said the bond market won’t help investors ride out the stock market storm. The yield for two-year notes almost equal the yield of 10-year notes, and that’s not good news for investors who need to park their money in a safe place.

During Shervin Pishevar’s 50-plus tweetstorm, most investors thought the investing maven wanted to relieve some of the anxiety he felt when he resigned from Sherpa Capital, his hedge fund firm. But Pishevar wasn’t licking his business wounds when he sent those tweets. He wanted to warn investors that a financial storm was in the works, and they needed to take cover. According to Pishevar, no asset class is safe right now. Shervin thinks the 2018 market drop was the start of a major asset adjustment, and that adjustment could last for several years.

https://www.bloomberg.com/research/stocks/private/person.asp?personId=627228&privcapId=215143205

Revisiting Shervin Pishevar 24 hour tweet storm

It has quite some time since Shervin Pishevar went online with his popularized 21 hour tweet storm. During the Twitter conversation, he engaged his followers on a number of issues that relate to the country’s economy. Considering that he is someone who has been successful with a variety of investments, we have to go back in time and find out what he said during those tweets. This early Uber investor is known to air his opinion candidly whenever he sees something wrong with the finances. Here is a look at what he said would happen in the following months.

What he said about the stocks and the financial situation

When Shervin Pishevar looked at the stocks at that time, he noticed that they were performing badly. He also observed that there were little indicators of an immediate revival. In his analysis, he concluded that this pints to tough times ahead. He was projecting that the stocks would continue on the downward trend, and this is the situation that led to the 2018 financial crisis. His observation was that the stocks were plummeting because of poor practices in the financial sector including inflated interest rates and poor credit handling techniques.

Shervin Pishevar had two warnings to the government and the citizens. The first one was that this time, reliance on government bonds would not save the situation. His observation was that it was a traditional option that had been exhausted. The second warning was that Americans should drop the notion that when it comes to talents, they hold a monopoly. He warned Silicon Valley that other countries had been developing steadily and so, there is nothing like monopoly. Shervin Pishevar said that he believes the best way to get the country out of this situation is by getting government agencies to come up with new policies that determine how finances are managed.

http://siliconprairienews.com/2011/06/big-omaha-video-series-shervin-pishevar-of-menlo-ventures/

Meet the Brains Behind the Success of InnovaCare Health

Innovacare Health company is a firm in the health industry that is situated in Fort Lee. The firm is primarily centered on innovation with the aim of ensuring that patients, healthcare providers, and all the parties involved in the healthcare process are accorded with high quality yet affordable services.

To attain its goals, Innovacare Health has been using integrated portfolio and health plans, associating with clinical networks and a variety of organizations and practitioners in the medical service industry. For ten years, the company has made its mark as the leading firm in the health management field with remarkable technologies in risk and development. What makes Innovacare stand out from the rest is its tremendous leadership. Innovacare is led by a team of competent individuals, the likes of Rick Shinto, its CEO and Penelope Kokkinides.

About Rick Shinto

Dr. Rick Shinto is quite the learned man. He holds a B.S from the Irvine University of California. He also has a medical degree from the Stony Brook Situated University of the State of New York. In addition to the two, he has an MBA from Redlands University. For more than two decades, Rick has been an active practitioner in the health sector. He is the former CEO of a number of companies including MMM Healthcare, Aveta PMC Medicare Health choices among other companies. He has also held positions like Chief Medical Officer at NAMM, Chief Operating Officer at PMC and VP of Medical Management at a firm called MedPartners. Rick Shinto currently serves at Innovacare Health as the CEO and President as well.

About Penelope Kokkinides

Penelope works closely with Rick as the Chief Operating Officer at Innovacare Health. The two have also in the past worked together at Aveta Inc. where Penelope was the Chief Operating Officer while Rick Shinto was the Chief Executive Officer. Penelope is also the former COO of Touchstone Health. For more than a decade and a half, Penelope Kokkinides has specialized in health care, specifically on the managed care sector and government programs. She is a former associate of the UnitedHealth Organization through its subsidiary; AmeriChoice. Penelope, like Shinto, is equipped with an impressive academic background as well. She is a holder of two bachelors; one in classical languages and the other, Biological Sciences from the University of Binghamton. She also holds two Masters in Social Work and Public Health from the University of New York and that of Columbia respectively.

https://connect.data.com/company/view/kOvnO9HbFUEskLldOgdM-w/innovacare-health

DR. ERIC FORSTHOEFEL – AN EXPERIENCED EMERGENCY ROOM PHYSICIAN

Dr. Eric Forsthoeful is an emergency room doctor in Florida. In 2009, he attended medical school at the University of Louisville. In 2012, he attended Louisiana State University, where he completed his emergency medicine residency. He has been certified by the American Board of Emergency Medicine with two medical licenses, one in Louisiana and one in Florida, where he resides and works. He is a highly experienced emergency room physician and takes care of many patients with severe illnesses, traumas, fractures, cardiac ailments, etc.

In an article about emergency rooms, it portrays how emergency rooms aren’t being used for emergencies; therefore, is becoming a major healthcare problem. An eye-opening survey showed how one-third of emergency room patients have non-urgent conditions. This has been an increasing trend for thirty years, according to a report by the American Journal of Managed Care. Dr. Forsthoeful says the state of Florida is no different. He explained some of the issues as to why this is happening:

  1. Lack of primary care medicine.
  2. Want instant care, don’t want appointments, don’t want to wait for days to

see a doctor.

  1. Like the convenience and want to avoid a primary care provider connection.
  2. Younger patients and African Americans frequent emergency rooms more often.
  3. Medicaid patients three times more likely to use an emergency room.

Dr. Forsthoeful explains that even though many patients aren’t emergencies, each patient is taken care of by physicians, nurses, technicians and support staff and given a bed, no matter what. He said it is stressful for emergency room staff, because the critically ill patients need continuous monitoring. It is difficult, and a major undertaking for the staff to be stretched so thin. They have to work harder to maintain an efficient work environment.

Many understand the problems associated with access to healthcare, and those who are working on emergency room problems think if copays and/or deductibles could be changed, patients would not be as likely to go to emergency rooms for basic illnesses. Some insurance companies don’t pay for non-urgent care anymore, but many physicians in emergency rooms don’t approve, because it can be difficult to determine whether an issue is an emergency or not. Doctors don’t like this policy because patients could die if they don’t receive the treatment they need, if it is a true emergency. Some signs of a medical problem may not be critical, but until it’s checked out, the doctor doesn’t know for certain.

Dr. Eric Forsthoeful is working on possible solutions by working with others, conducting surveys and collecting data to determine effective ways to reduce visits. They know there is not an easy solution but have determined that making primary care more convenient, and finding other alternatives for patients, are the best ways to solve the ever-increasing non-urgent visits. They hope that eventually they will see a decrease so emergency room staff can be more efficient and focus on the critically ill patients.

https://www.md.com/doctor/eric-forsthoefel-md

Lime Crime’s Doe Deere: Why America Equals Success For Immigrants Worldwide

These are strange and interesting times to be alive. Although the world is frequently on the cusp if divisiveness, there is one thing that remains clear, immigrants are what truly make America. For some immigrants, that statement rings truer than ever, especially for makeup company Lime Crime’s founder, Doe Deere.

Doe Deere, born Xenia Vorotova, is a Russian immigrant, who first migrated to the United States when she was 17 years old. The family originally from a small city called Izhevsk in the Volga Region of Russia, the Deere, her sister, and her mom found themselves on the bustling streets of New York City.

Although the family believed they could achieve the American Dream, a few speedbumps derailed their journey. Although Deere’s mother was an accountant in her native Russia, transferring the proper credentials to their new home country took a considerable amount of time.

But the family’s determination prevailed, as Deere’s mother worked as a maid, while she herself performed pet-sitting jobs for the neighbors to make ends meet. While the family worked hard it wasn’t enough at first, which is when the women found themselves living in a homeless shelter for six months.

Eventually, the family’s plight took a turn for the better after meeting with a non-profit group Sanctuary for Families. The group’s director Dorchen Leidholdt was able to help Deere get into the Fashion Institute of Technology, her sister to obtain a scholarship to Columbia, and find their mother her first accounting job.

It wasn’t long before the family’s success grew. Deere was able to launch a vegan and cruelty-free cosmetic company, Lime Crime, in 2008. Since then the company has seen tremendous success. With over 35 employees and offices based in Los Angeles, Lime Crime has built a reputation for being bold, unique, and “unapologetic.”

Lime Crime has inspired women to be their best, authentic selves, not to worry about looking like everyone else. With products such as Velvetines, a liquid matte lipstick that is one of the first of its kind, and Unicorn Hair Color, it’s clear that Lime Crime reflects its founder’s bold attitude and fierce determination.

It’s the hardships that Deere faced that she credits with her tremendous success. Those struggles she fought to overcome in the land of opportunity have made her who she is today, and she’s far from the last successful immigrant to America.

https://www.instagram.com/doedeere/?hl=en

Fortress Investment Group and its Operations

Fortress Investment Group was the first organization that is privately held to have gone public. The company had its shares trading on the New York Stock Exchange. The organization has been acquired by SoftBank, something that will make it be delisted from the stock exchange market. SoftBank is a global holding corporation which is ranked top 58 when it comes to organizations whose stocks are traded publicly in the world by Forbes. With the acquisition, Fortress will be running its activities independently. Moreover, Fortress Investment Group will maintain its leadership team including Wes Edens, the co-chair and Randal Nardone, the CEO of the group. Many will wonder which kind of acquisition is this, but there good reasons behind it.

SoftBank had to go through a lot to acquire Fortress Investment Group. However, all the details of the deal were finalized in December 2017. The deal got approval from the shareholders of Fortress Investment Group, and this came as a surprise to many. SoftBank is a company that is devoted to funding technology-based organizations while on the other hand, Fortress Investment Ground concentrates on alternative asset management. Both organizations are leaders in the world when it comes to their sectors. This move displays the interests that SoftBank has in the alternative asset management sector. It clears indicates that the Japanese corporation wants to become the largest organization in the world dealing with investment management. The fact that fortress Investment group has a lot of assets under its control must have been the attraction part that motivated SoftBank into acquiring it.

According to Softbank, it has not been a smooth ride to acquire Fortress Group. Being a foreign organization, it had to go through the Committee on Foreign Investments to purchase an organization in the United States. This takes place to ensure national security. This made SoftBank sign a deal that it will have almost no say concerning how Fortress Group handles its assets.

However, this did not come as a surprise to SoftBank’s founder Masayoshi Son. He knew what was ahead of him when it comes to acquiring an organization in the United States but he was ready to go through it all to attain his goals. He had tried early to charm Trump in one of his Visits to Trump power and even promised to invest $50 billion in the United States. The shareholders of Fortress Group will achieve 8.08 per share after Softbank paid 39 percent of the deal.

LinkedIn: https://www.linkedin.com/company/fortress-investment-group

Wes Edens’ Contributions in taking Fortress Investment Group Public

Wes Edens is a United States Citizen who was born in 1961, and his official name is Wesley Robert Edens. Currently, he resides in New York City. 1984 was the year when he left Oregon University where he undertook his undergraduate studies in Bachelor Degree in both Business Administration and Finance. In pursuit of his career, erecting Milwaukee Bucks and Fortress Investment Group is some of his achievements. Also, Wes Edens is indeed an asset to many especially those who are experiencing a problem in managing their resources since he offers financial advice to them.

The players were Wes Edens’ frequent clients because he was able to identify that they mostly face difficulties in allocating and managing their salaries. Due to the enormous salaries that they get, players tend to leave expensive lifestyle with a misconception that they are not vulnerable to poverty; therefore, they tend not to save for future. Thus, this exposes them to experiencing financial constraints and vanishing in debt for all of their retirement life. He also does not forget to share a motivating experience that he had when he was young and cautions them not to land in the same blunder of making a poor financial decision. According to Wes Edens, more than 50 percent of these NBA players end up bankrupt after retirement despite having considerable returns in each season.

In conclusion, when Wes Edens featured in an interview, he revealed that his main aim is to educate and inform the players on how to manage and allocate their salaries for them to have a better tomorrow, especially after retirement. Also, before they founded Fortress Investment Group, he got an opportunity to serve in several financial Institution where he acquired a lot of skills and knowledge on issues relating to investment; therefore, rendering him to be highly experienced in this field. Under his stewardship, Fortress also managed to become the first private equity firm to be a Buyout Company. Under the guidance of Wesley Edens, the process of announcing the Initial Public Offer for Fortress became successful, with the company raising billions of dollars from the public.

Flavio Maluf, President of Eucatex Group, Explains the Fallen Agricultural GDP

Flavio Maluf is the president and CEO of Eucatex Group located in Brazil. Eucatex Group is a family-owned business that was started back in 1951. Its focus is building supplies with a specialty on lamination, vinyl floors, baseboards, paints, wall partitions, doors, and panels. The company also has a side avenue of building furniture and toys. Eucatex group’s Flavio Maluf is also the president of the GrandFood Group which is the parent company of the Premier Pet and Golden feeds. Learn more about Flavio Maluf at InfoMoney

Before Maluf became an entrepreneur and executive of the Eucatex Group, he graduated from FAAP (Fundação Armando AlvaresPenteado, Brazil) with a degree in mechanical engineering and then he went on to get a business administration degree from New York University. Eucatex Group is run by Maluf’s family and he was appointed to the administrative team by his own uncle. He worked in the trade and industrial areas of the company in order to get promoted to his current title of president. Under Maluf’s leadership, Eucatex Group has grown substantially in many countries.

In the news, Flavio Malouf has reported that the agricultural GDP has shown a considerate decline in the early part of 2018. Malouf explained that the reason for this decrease was because of a trucker strike, which stop the exportation of corn. This product became missing, leading to a decrease in production of animals and meat. On the brighter side, the soybeans gave birth to a good GDP in the first month of 2018, leading up to a record harvest of 119 million tons. This comparable to their important shares of leaf tobacco. The fall in the agriculture GDP was foreseen, however, since Malouf reported back in 2017 that there was a lot of productivity and a greater harvest. The strike led by the truck drivers is in response to decreases in the price of diesel oil and the regulation of road freight caused for the lack of supply of a corn. The 2018 GDP documented by the Brazilian Institute of Geography and Statistics wasn’t as large as the first quarter of the previous year. Learn more: https://www.crunchbase.com/person/flavio-maluf