GreenSky Credit Shoots Up the Rankings to Unicorn Status

Established in 2006, GreenSky Credit is an Atlanta-based financial technology firm. The privately-owned company offers technology services for banks and merchants to provide loans for consumers. Through the company’s credit program, financing is federally-insured. The company has since aided in $10 billion plus in loans for home improvement through a network of 16,000 contractors.

David Zalik is the co-founder and Chief Executive Officer of GreenSky Credit. Serving as CEO since its establishment, he has founded three other companies and been awarded for entrepreneurship. He had founded his first company, Microtech Information Systems, at age 14 while attending college at Auburn University.

David Zalik has recently been featured in Forbes and Bloomberg. Bloomberg highlighted Green CreditSky’s business model of connecting merchants and consumers at the point of sale. GreenSky signs up merchants who sell big valued items such as home improvement and furniture. Consumers average a 760 FICO score and are taking out loans out of convenience instead of necessity. Forbes expanded on GreenSky Credit’s success by elaborating on how the company profits on both ends of the deal with contractors and bank partners.

GreenSky Credit had been ranked 3rd in value at $3.6 billion while remaining privately-owned and backed by venture capitalists. Zalik had moved from Israel to Alabama at four years old, where he skipped high school to attend Auburn University when he had scored exceptionally high on standardized tests, having taken the SATs at age 13 as cited by Forbes. He ultimately dropped out of college to pursue Microtech Information Systems full time.

Zalik shared that after selling Microtech for a few million dollars, he had relocated to Atlanta and started invested in real-estate. He then pursued more challenging consulting projects, which is where Green Sky had developed. The company took a huge risk and years before gaining stability and ultimately gaining unicorn status.

To learn more about GreenSky Credit and CEO David Zalik, please visit their company website and David Zalik’s LinkedIn.

https://www.wsj.com/articles/whos-the-most-valuable-online-lender-after-this-deal-its-greensky-1514911495

Skout On the Power of Laughter

There have been plenty of studies that have shown that laughter has power over the health of the individual. Another thing that is helpful is being able to laugh with friends. Also, laughter is revealed to be helpful with making friends. Skout is one of the entities that are celebrating National Humor Month. The amount of impact that laughter was shown to have is actually astounding. The team working for the company has looked at the profile photos of the users in order to examine the kind of impact that the photos have on the hits that they get on the site. The photos on the site that are laughing make tons more connections and gets tons more favorites and connections.

It is a common saying that laughter is the best medicine. Now, people realize that it can help one make more connections in social media. There were other forms of research done on Skout. The company has surveyed more than 3,000 users in the U.S. The survey topic was on humor and friendship. There were plenty of findings from the survey. Among the findings was that a majority of people think they are funny, especially the people with wit.

The people that are most likely to make friends are practical jokers and bathroom style of comedy are very likely to have more than 5 close friends. People with self-deprecating or sarcastic humor are the least likely to have more than 5 close friends. Clowns are not funny to everyone. There are people who are afraid of clowns. The sarcastic people are among the most likely to be scared of clowns. Every Houston resident surveyed has said that they enjoy bringing laughter into other people’s lives.

The survey itself has been conducted by Skout between March 11 and March 17 of this year. The app could be downloaded on iOS Android and Windows for mobile devices. Skout is also available on Facebook and Twitter.

The original article was released on PR Newswire.

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