Upwork IPO Attracts Investors

The potential to make profits is very common with online technology firms. These companies are always receiving large sums of investment capital and are therefore able to easily go public with IPO’s. In recent years, companies such as Eventbrite have been trading on the New York Stock Exchange along with other companies such as Spotify and Dropbox. Another company to go public with an IPO is Upwork. This company was recently able to get investors to provide capital for issuing an IPO and getting listed on the top stock exchanges as well.

Upwork Incorporated was established in 2014 when it was formed by a merger between two companies. The two freelance work sites known as Elance and oDesk came together to form one entity. These two companies were founded in the early 2000’s. Since the merger in 2014, the CEO of Upwork, Stephanie Kasriel raised more than $100 million in funding from investors. Today the company has a number of major stakeholders such as Benchmark, Sigma Partners, Globespan Capital Partners and T. Rowe Price. Other companies such as Dragoneer Investment Group announced that it will purchase $32 million worth of assets and up to 20% of the IPO amount.

The company Upwork has made over $225 million in revenue and a gross services amount of $1.5 billion over the last four years. More than 300,000 freelancers provide professional services for clients from the site. There are over 95,000 clients in 180 countries worldwide who seek the help from freelancers in over 70 job categories from Upwork. Therefore, it has established itself as the largest freelance work site in the entire world.

Upwork is a company that provides an internet platform for both freelancers and companies looking to hire them. The site allows freelance workers to provide services to companies from a remote location. Uber is currently the largest platform of freelancers providing short term projects for companies in a variety of industries. There are a number of services that freelancers can provide from Upwork such as web design, web development, writing, editing and finance. In terms of reputation, Upwork is arguably the top site due to its ability to connect workers and employers, offering a reliable system of feedback and trustworthy and timely payments.

Jeff Aronin: Scientist, Entrepreneur, and Philanthropist

Each year, the Weizmann Institute chooses to recognize a professional in the medical field who has made it their life’s mission to change and improve the lives of others. This honor was bestowed upon Jeff Aronin, Chairman and CEO of Paragon Biosciences, in December of 2017.


Those who have worked with Jeff Aronin, both in the science community as well as at Paragon Biosciences, describe Aronin as being committed, passionate, and patient-oriented. His focus drives his motivation and dedication to providing patients with new and improved therapy and treatment options through his scientific research. As he discussed how passionate he is about his job, Aronin explained that the main and most important focus of his career to improve the lives of his patients.


As scientific advocates, and particularly science which serves to improve health, the Weizmann Institute was proud to recognize the efforts of Jeff Aronin, both business-wise as well as his and his family’s philanthropic efforts. Aronin recognizes and understands the utter importance of doing what is right for both patients as well as their families, whether that be developing and advertising new medicines and treatments or giving unconditional support to the new generation of those innovative individuals in the healthcare system.


Jeff Aronin and his team at Paragon Biosciences have assisted in bringing 13 new medications to the pharmaceutical market. Aronin also founded MATTER, which is a healthcare startup incubator based in Chicago that already has over 200 corporations in different development stages, to further assist growing future scientific innovations. With MATTER, Aronin is helping to make the future of the next generation of leading healthcare providers easier and brighter in true Weizmann fashion.


With 20 years of prior biotechnology experience under his belt, Jeff Aronin’s knowledge of the field makes him able to develop new and more complex strategies of research to find new treatments for rare diseases. Those who work with him see him as more than an entrepreneur, as someone who truly cares about his patients and constantly strives to do better for them. This drive and motivation comes from Aronin’s passion to help others.


The Symbiotic Relationship Between OSI Group And McDonald’s

In the early 20th century, OSI Group was a local butcher shop owned by Otto Kolschowsky. Throughout the 20th century, OSI Group McDonalds experienced extensive growth. OSI Group benefited greatly from the partnership they had with the McDonalds fast foods company.

Background Information

As an entrepreneur, you should pursue your passion. Otto Kolschowsky pursued his desire to become a businessman by establishing a butcher shop in Chicago, Illinois. Ten years down the line, Otto Kolschowsky had grown his business entity from a retail shop to a wholesale business. After another decade, the business grew into a family-based corporation. The company was then named Otto & Sons.

Read more on Crunchbase

OSI Group & McDonalds Symbiotic Business Relationship

To experience growth in any business sector, you need to form alliances. Although Otto & Sons was still a small entity back then, the company had what it takes to grow into a large food processing company. McDonald’s was also a small corporation; nevertheless, the two companies formed a partnership whereby OSI McDonalds would be supplying meat products to the multiple McDonalds restaurants.
Ray Kroc established the first McDonalds restaurant in 1955 in Des Plaines, Illinois. Before launching the restaurant, McDonald’s agreed with Otto & Sons. The company would supply fresh ground beef to the McDonalds restaurants.

Ray Kroc made use of a modern franchising model to enhance the growth of the McDonalds restaurants. Since Otto & Sons were symbiotically attached to the McDonalds Corporation, both companies grew together.

OSI Group McDonalds Makes Use of Cutting-Edge Technology

Otto & Sons later became OSI Group McDonalds. Since the McDonalds entity valued consistency, OSI Group McDonalds had to deliver quality products that could be transported over long distances to the ever-growing McDonald’s restaurants.

OSI Group McDonalds embraced the use of cutting-edge technology that was developed in the 1960s to ensure that they were able to supply consumers with quality products consistently. The food processing company made use of flash freezing to ensure that the processed food would stay fresh in a frozen state. Flash freezing involved the use of liquid nitrogen. Afterward, the relationship between McDonalds and OSI Group grew profoundly. The two companies are now among the largest food companies in the U.S.

Source: https://interview.net/david-mcdonald-osi-group/

The Benefits of Being a Member of a Professional Association

Professional societies and associations have sprouted in the United States to a tune of 92,000. Some people could question their importance but one thing stands out, they are an important part of America’s education and work system. While schools strive to provide students with knowledge and skills that will enable them thrive in their workplaces, professional associations have huge roles in career development. America Institute of America is one of the professional associations led by Robert Ivy that is creating a path for others to follow. Whether you’re an architect, Doctor or teacher, there is an association for you where you will be exposed to educational programs that will see you prosper in your career. Usually, associations have webinars, newsletters and websites that could give you updates on various trends and news in your field. A professional body could also provide data and tools that you could easily access and use them to advance your knowledge and skills. Read more on Contractdesign.com

The most valued benefit of being a member of a professional member is the networking opportunity. Like-minded people come together from all over the country or even abroad in a conference to discuss various agendas set out by the concerned association. This comes along with a great networking opportunity where you could establish professional ties and important relationships. The professional ties and relationships could see to it that you get better offers or even learn about job openings. The events can open more doors for you than you could have anticipated. Furthermore, the associations can make effort to provide career assistance to members who are still struggling with their careers. They organize job fairs and any other job hunter-focused endeavors.

According to Robert Ivy, although architects are few in the United States, their voice is being heard. When people combine efforts, great things happen. Robert Ivy is the Vice President and CEO of AIA. Another benefit that is accrued to being a member of a professional body is credibility building. Each association stands for a certain values and principles. Their members are required to adhere to formulated code of conduct. According to Robert Ivy, AIA have a certain set of values that its members adhere to. Each member is held accountable. Robert Ivy is a graduate from the University of the South and a post-graduate from Tulane University.

Visit http://architecture.tulane.edu/alumni/profile/robert-ivy-faia 

Ted Bauman Educates Investors About Stock Market Crashes

Finance Guru Ted Bauman recently issued an article through Banyan Hill where he educated investors on three possible scenarios of a stock market crash. Being born in the United States and attending college in South Africa, Mr. Bauman has extensive experience in the economics of a crash. He lived through South Africa’s apartheid policy and gained firsthand experience on how to thrive these types of economic conditions.

Ted Bauman has consistently informed American investors of the fact that current US stocks are overvalued. Using the CAPE ratio, Ted Bauman compares corporate earnings to stock prices over a ten year period. The current CAPE ratio for the S&P 500 is nearly double its historical average. If the market returns to this ratio during a crash, investors can expect to see the CAPE ratio for the S&P back to its normal 17%, this would mean 35% drop, a shift Ted speculates could take a year or more. This shift may have two distinctive effects, one, investors will come to the realization that they will not recoup their investments with future dividends as additional gains would only be speculative. Coming to this realization, investors will bail and look for profits elsewhere. In doing this, they will yield the reverse effect in the market. The second potential outcome of this type of scenario is that returns on alternative assets would become more appealing to investors.

A third possible outcome of a stock market crash according to Ted Bauman is that investors will recognize a curve in the yields from US Treasury Bonds. Being that long-term interest rates are staying relatively low, the difference between long term and short term yields has been modest. Mr. Bauman believes that this current market condition is a signal that bond markets do not expect anything significant to happen economically over the next several years. If a recession does happen, the S&P will likely drop more than 25%.

Lastly, a scenario may arise during a market crash in which a rise follows the drop, meaning, there could be a quick significant drop which will be followed by what appears to be a partial recovery. A similar event took place in 1987 when the Dow Jones Industrial Average experienced the most significant one-day percentage drop in history.


Fortress Investment Group and its successful endeavors

Since Fortress Investment Group was started in 1998 as private equity, it has been experiencing growth at its best. Those who have invested with the company are happy that the company has been successful and they have also succeeded in their investment endeavors. The company’s fame rose in 2007 during its Initial Public Offering (IPO). It became one of the most significant firms to go public and performed well on the New York Stock Exchange Market. Today it is one of the leading investment companies in the world managing assets worth billions of dollars and serving a wide range of clients who are satisfied. With over 900 employees, Fortress Investment Group has offices in New York, but it has also expanded to offer their services to other countries. The people who oversee the running of the company are three investment principals who have been working together to make the firm successful. They are Peter Briger, Randal Nardone and Wes Edens. The firm has been offering services in mergers and acquisitions, capital markets, operational management, and asset investments.

Since it started, Fortress Investment Group has been successful in the area of mergers and acquisition. They are experts in the area, and they have also established a relationship with corporate stakeholders, board members, and management professionals. They are experienced in the capital markets. They have the best employees because they always ensure they hire people who are qualified and experienced. Fortress Investment Group is one of the best firms when it comes to financial assets. Fortress Investment is a company that has the right tools that are used in obtaining the right values from making investments.

Fortress Investment Group began in 1998 by Rob Kauffman, Wes Edens, and Randal Nardone. They are the three principals who came with the idea of starting a successful endeavor. They had the experience after working with several organizations like Goldman Sachs and Lehman Brothers. They had what it takes to start a successful company. They wanted to start an organization that would transform the private equity sector. Later, Peter Briger joined the company, and he has also contributed to the growth.



Infinity Group Australia helps Australians with debt reduction

Many Australian families are in dire need of financial support. Not because they do not have a source of income, but because debts hard press them. At the end of the month when they receive the salary, it is divided among the numerous needs leaving very little that can be used for loan repayments and other needs, debt is a big issue in Australia as more and more people continue to fall in them now and then. There is no solution offered by financial institutions on which is the best way out. Financial institutions are not offering solutions to their clients on how to manage debts. The banks are beneficiaries of the inability to repay debt and therefore cannot offer the needed solutions.




Infinity Group Australia is a company that has decided to give this support to the Australian families. With so many Australians falling into excessive debts, there needs to be a solution on how to handle such challenges. The solution offered by Infinity Group is one that involves more savings. If you can save more money every month, you can repay a higher amount towards your loan. The biggest challenge that those in debt face is lack of sufficient money to clear their debts. They end up paying only the minimum amount required by the lenders. If you pay the minimum amount, it will take years before you are in a position to repay the whole amount. The trick is in paying for a loan in the shortest time possible.




Infinity Group Australia is offering personal training on debt reduction. They assign a personal finance expert who will look at the way a client spends money and recommend measures to reduce the spending and increase savings. It is very hard for clients to that on their own, and that is why an expert is assigned to monitor how a client spend money. With a proper saving plan, you will be astonished by how much you can save in one month. Learn more: https://www.whitepages.com.au/infinity-group-australia-11111284B




Infinity Group Australia reviews indicate that the average savings for clients working with this company is $41,000. With such a huge amount as savings, there is no way one would not pay loans in the shortest time. Paying debts quickly saves you a lot of money. Lenders normally charge a certain percentage of the principal amount every year. By taking less time to repay the loan in full, you also decrease the amount of money you would have spent on the loan.


Boraie Development- Inspiring the Real Estate Market

Boraie Development has developed its latest thrilling and sophisticated luxury rental tower in the market. The tower known as The Aspire is strategically located in the beautiful town of New Brunswick and it recently opened its door for summer occupancy leasing.


Any individual inspired and ready to Aspire are welcome to visit the center at the 135 Somerset St. Boraie Development the Aspire have 238 studio best for the bachelors and the one-bedroom and also two-bedroom designer apartments. It boasts of modern architectural design, fully serviced to offer the comfort and relaxation.


Residents will enjoy top amenities like private parting that’s has direct access to the building and a lobby. The lobby has doorman guarding the apartments 24/7. Additionally, the Aspire boasts of offering a luxurious lounge with the latest catering kitchen equipment, enough seating arrangement for 12 people, flat-screen television in different corners and a pool table.


The extended outdoor terrace offers an extra sitting area, and the Wi-Fi keeps you connected. Boraie Development LLC has broad experience in providing vast services in the Real Estate market. They have a strong team of dedicated staff that offers unparalleled services, and they believe in providing a diverse array of designs that suit their client’s tastes and preferences.

Shaquille O’Neal’s grew up in a loving family back at Newark in 1970s, and he is renowned for his prowess in basketball. During his childhood Omar Boraie actively attended the local Girls and Boys club keeping him off the streets, the meetings took place in a movie theatre. For more details visit Crunchbase.


The old theatre located on the Springfield Avenue has undergone a complete makeover thanks to Shaquille O’Neal’s and Boraie Development. It cost over 7 million dollars to renovate the theatre in 2007, adding to the least of various joint projects in Newark between Boraie Development and Mr. O’Neal’s. Other projects include the development of both residential and commercial housings located in the town most distressed areas. The burgeoning partnership has lately begun attracting notice on various political contacts and other experienced third parties developers and financiers. You can check out Yahoo to see more.


Boraie Development has created its unique niche in the real estate market, and it boasts of having over 30 years of highly rated development track. The company offers its services locally and internationally. Moreover, it uses various private capital sources to develop the latest and sophisticated buildings. According to the management of Boraie Development creates projects that are outstanding hence attracting residents and tenants and another financial partner who love the power of long-term ownership and also commitment.



Click here: http://centraljerseyworkingmoms.com/category/boraie-development/


Flavio Maluf: How Can The Government Society And Business Mutually Benefit From Tax Incentives?

Fiscal policies all over the world are used to help boost economic and social development by individual countries. In Brazil, however, several pieces of tax policies passed in the recent past have not only proved retrogressive but also disrupt the balance in an economic ecosystem and in effect discourage entrepreneurship. This was Flavio Maluf’s sentiments when expressing support for the proposed tax incentives that encourage the diversion of taxes towards community projects.

According to Maluf, supporting this tax incentive system doesn’t imply boycotting taxes in their entirety by businesses. Rather, the proposed policy suggests that businesses only part of their taxes due to the government while using the rest to advance sensitive community projects. But what does this prove beneficial to the government, the society, and even the national economy? Read more about Flavio at terra.com

Benefits to the government

Flavio Maluf believes that every government should be future-oriented and that by passing favorable fiscal policies that allow entrepreneurs to invest and businesses to flourish, it creates a bigger revenue tap in the future. The Eucatex group president is of the opinion that instead of passing repressive fiscal policies, the government should concentrate on incentivizing the business world. Having businesses take part in advancing community projects also helps relieve the government some responsibilities.

Benefits to the community

The proposed tax incentives allow businesses to use part of the tax to support community projects means that societies don’t always have to be at the mercies of the ruling elite. It also implies some neglected community activities like sports, culture, and institutional research would be revived through corporate sponsorships. Most importantly, such tax incentives as exempted taxes and refunds as a result of settling businesses in certain regions would effectively improve the marginalized parts of the country like Western Amazon.

Benefits to the economy

Flavio Maluf argues that tax incentives result in more money for the businesses to spend on the economy and thus more entrepreneurial opportunities. Favorable policies also encourage the setting up of international businesses that spur multi-industry growth. This not only translates to the expansion of the economy but also creates ripple effects in the economy with a common bottom line of improving the living standards in the country.

Read more: https://pt.wikipedia.org/wiki/Fl%C3%A1vio_Maluf


The Golden Touch; how Guilherme Paulus built Brazil’s Travel Empire

Never settling is a proverb that Guilherme Paulus knows well. He was still was working at Casa Farro when Carlos Vicente Cerchiari approached him to help him start another travel agency. Today, CVC Brasil Operadora e Agência de Viagens S.A. (CVC for short) owns and operates over 20 hotels throughout Brazil, has over 30,000 partnerships worldwide, and holds the title of being Latin America’s largest tour operator company, earning over $5.2 billion each year. Read more about Guilherme Paulus at panrotas.com.

Guilherme Paulus is always seeking out new ideas, which is expected from someone who was elected Entrepreneur of the year (a title he earned from Isto É magazine in 2017). It is why in spite of its growing success; Mr. Paulus has sold the tour company to start GJP’s group hotel chain.

So who is this man? Business tycoon, social entrepreneur, or both?

Not limited to one concept

In a recent interview, he says, “I always had the vision of not focusing on just one market.”

This mindset led him to acquiring Webjet airlines in 2006 and growing it from one airplane to one of the top three airline companies in Brazil. In 2011 he sold it to Gol Linhas Aereas Inteligentes SA (GOL). In 2017, he built GJP’s first condominium, and is still thinking of new ways to show his fellow Brazilians the beauty of their country. Read more at Wings Journal about Guilherme Paulus.

The importance of people

Guilherme Paulus’ hunger for improvement is fueled by his desire to give back to his community. “I start my day thanking,” he says. “At least 2-3 days a week I am visiting the hotels of GJP… talking to clients, understanding their needs, as well as that of my employees.” In turn, Mr. Paulus has invested approximately $600 million into the hotel sector, which has in turn led to the employment of about 1,900 individuals in CVC.

So what is next for Guilherme Paulus?

“Turning golf into a more popular sport in Brazil,” he says, “and making Brazilians travel more to boutique hotels, where they can have incredible experiences, within the country.”

Visit: https://www.istoedinheiro.com.br/o-hotel-butique-de-guilherme-paulus/