Nitin Khanna, an entrepreneur from Portland, Oregon is changing the way things work. As the CEO of Mergertech, he is focused on advising on tech and various tech platforms. Building relationships around the world gives him the edge on learning how things work in other parts of the world. Where did he work prior to having this business experience?
Growing up in India, Nitin understands the value of hard work and ingenuity. Born in Himachal Pradesh, India, he was living near the Himalayan mountains. Although his father was military when he was a young boy, many of his family members were entrepreneurs.
Growing up, he had the chance to admire so many around him. Spending time observing the work in cement plants, as well as parts factories always encouraged the business side of his mind. While he was observing, he was taking note of everything he observed, and how businesses were being run for greatest efficiency.
Attending a boarding school at age eight, he was attending one of the finest schools available in India. The Lawrence School was an independent school in the area, named after the hill that the school is located on. The motto of the school was fitting for him. The motto was “Never Give In“, giving him inspiration for his life and work.
Some of the best advice Nitin Khanna says that he has received, is something we hear a lot of entrepreneurs say these days. One of the key things he mentions first in a recent interview is that you have to be patient. Focusing and not allowing yourself to become anxious is one of the big keys to achieving success.
Working hard and being fair in all dealings is another aspect that Nitin Khanna shares in his discussion about working in business and achieving success.
Upon his middle teenage years, Nitin Khanna moved to the United States and began his search for lifelong opportunity in business. He attended Purdue University, and later he went on to earn his master’s degree in the same field.
Find out more here http://scholar.google.co.in/citations?user=s6tJIZkAAAAJ&hl=en
HGGC is a technology-focused middle market investing firm. They have been reporting favorable results from their investments for some time, prompting Dyal Investment Capital to make a sizable strategic investment in HGGC. Knowing that the true secret to success in investment is a great staff, HGGC used a portion of the investment to promote some valued team members and make some new hires, both moves intending for the firm to increase its ability to generate positive investment returns.
As detailed in several articles from the end of April, 201, HGGC has added five new partners, promoted several other employees and made a series of new hires all with the intent of improving the talent pool available for the firm.
The new partners are Les Brown, John Block, Steve Leistner, Harv Barenz and Lance Taylor. All five have a history at HGGC, holding various important positions within the firm for years, Brown being the longest-employed member with a start date of 2007. With these new additions to the Partners of the company, it is hoped that their expanded roles will lead to expanded results from their already proven work quality.
Other promotions include Kurt Krieger being promoted from General Counsel to Chief Legal Counsel. Krieger also holds several other attorney-related roles within the firm.
Jay Tabu has gone from being a Vice President to the role of Principle. He has been with the firm since 2010.
Chris Schulze has advanced to Vice President from his role as a Senior Associate.
Peter Cozzi and Neha Vaidya have each been promoted from Associate to Senior Associate, rounding out the promotion of existing staff.
HGGC has also hired new talent to bolster their strengths. Lindsay Sparks and Greg Caltabiano have been hired on as new Executive Directors. Each brings experience to their new roles at the firm. Mo Gulamhusein has come aboard as a Vice President and Holand Reynolds has joined as an Investment Associate. New Fund Accountant for the Operations Team Chandni Shah has also come aboard.
Co-founders Rich Lawson and Steve Young are excited for the new opportunities ahead for the firm.
The life of a business innovator often begins from a young age. The brightest minds in the world are often inspired by something in their childhood. Nitin Khanna grew up halfway around the world in India. He acquired firsthand knowledge of what can achieved with one’s hard work. Nitin Khanna soon went to the United States to pursue his higher education. Upon obtaining degrees in Industrial Engineering, he jumped head first into the business world. He recounts his story and looks to the future of his business ventures in a recent article with Digital Mode.
The story of modern day Nitin Khanna begins in the 1990s as a fresh student out of school. He got a job with Oracle Corporation, where he served many top potions in this transition period of technological advances. He realized the potential was unlimited in this era the market was trending towards. Nitin Khanna teamed up with his brother on a venture known as Saber Corporation. This was a company stood at the helm of this transition period. They helped private and government agencies alike upgrade their software. The company was a massive hit and worth millions by the time Nitin Khanna left to pursue his next venture.
In order to capitalize on the growing trend of company mergers in the late 2000s, Nitin Khanna founded MergerTech. This was a company designed for him to directly advise clients on smart business moves. His influence quickly grew, and his name was featured among the list of top individuals in the business industry. His business was ranked at the #1 Mobile Bank during the peak of its performance. However, market trends are forever changing. The most recent trend Nitin Khanna has pursued is the cannabis industry. In a country where individual are legalizing the drug one after another, he laid the groundwork for an all in investment of the market.
Nitin Khanna is a businessman with a strong sense of noticing industry trends. He always moved from venture to venture with a positive outlook. There is always something to be gained from trying to tap a market.
Visit Nitin’s blog to read more about his insights on several topics https://www.nitinkhanna.com/
Marc Beer is reigning the Chief Executive Officer of Renovia Inc., a company he co-founded for the express purpose researching, developing, and marketing female gender-specific products for their pelvic floor disorders. This female malady robs hundreds of millions of women of their ability to control the muscles of near their pelvic floor. The three main types of pelvic floor disorders are as follows: fecal incontinence, urinary incontinence, and pelvic organ prolapse. Women with fecal incontinence lacks the ability to control their bowel movement, while those with urinary incontinence lacks the ability to control their bladder. Women with pelvic organ prolapse have sunken uterus, bladder and bowel, which causes the vaginal canal to bulge. Among these three different types of pelvic floor disorders, urinary incontinence is by far the common type of pelvic floor disorders affecting over 250 million women across the globe. Women develop pelvic floor disorders as a consequence of giving birth, but this is not the only cause of pelvic floor disorders. Other causes include obesity, injury to the pelvic region, nerve damage, and surgery.
In order for Marc Beer to research, develop, and market female gender-specific products for their pelvic floor disorders, he needs substantial capital to pour into Renovia’s research and development programs. Thus, Marc Beer contacted three investors, the Missouri-based Ascension Ventures, the New York-based Perspective Advisors, and the Longwood Fund, and raised $42 million from them. The money raised will not only be used to research and development four new therapeutic and diagnostic products but also to develop an improved version of Leva, the company’s maiden product, which successfully gained the FDA’s approval in April of 2018.
Marc Beer is the quintessential CEO in that he possesses well over 25 years of experience in the area of developing and commercializing biotechnology, devices, pharmaceuticals, and diagnostics. He received his college degree from Miami University in Ohio. Apart from co-founding Renovia, Marc Beer has founded a good many number of other biotech companies, such as ViaCell, Minerva Neurosciences Inc., and Good Start Genetics, Inc. Marc Beer founded ViaCell in April 2000, a biotech company which specializes in the area of not only collecting but preserving and developing umbilical cord blood stem cells as well. Marc Beer so exceptionally managed and led ViaCell that the biotech went public in 2005. Marc Beer has also founded Good Start Genetics, Inc. and has served as its chairman of the compensation committee and chairman of the board of directors, as well as Minerva Neurosciences Inc. and served as its chairman of the board, chairman of the compensation committee, and a member of the company’s audit committee. Learn more: https://ideamensch.com/marc-beer/
Canadian Businessman Louis Chenevert is a retired chairman and CEO of the United States’ United Technologies, a private defense company. The company makes airplanes and builds buildings too. Chenevert worked with the company for twenty-two years. Chenevert’s hard work ensured that United Technologies stayed in the United States. During his tenure, the company purchased Goodrich, the division which makes planes. United Technologies became the biggest investor in International Aero Engines.
Chenevert left United Technologies after a very successful career. He placed #101 on the Forbes list of CEO Compensations. He earned $15.33 million dollars for his total compensation and $75.78 million in a five-year compensation offer. Other reports state that Chenevert left United Technologies with $195 million in stocks, reimbursements, and a pension. In total, he is worth $430 million dollars, which placed him the fifth richest CEO in the United States, tying with John T. Chambers, CEO of Cisco Systems.
Chenevert attended college in Montreal at the Hautes Etudes Commerciales. He was in the class of 1979 and earned a Bachelor of Commerce Degree in production management. In 2005, he earned a fellowship at the American Institute of Aeronautics and Astronautics. Chenevert also sits on philanthropic boards. He is a member of the roundtable at the Executive Committees of the Business Roundtable and chairs a few divisions for the roundtable. Chenevert is the chairman of the Yale Cancer Center and serves on the board of the Congressional Medal of Honor Foundation. He also serves on the board of directors at Cargill.
Before United Technologies, Chenevert served as the President of Pratt & Whitney Company, Inc., which is part of United Technologies. He also served as a production manager at General Motors in Canada. Currently, he is an exclusive advisor of the merchant banking division of Goldman Sachs. He lives in Hartford, Connecticut and has a Twitter page.
Papa John’s International Inc. is on the mend. Company CEO Steve Ritchie said there are indications improvement measures are working in a recent conference call. Even though they are now optimistic about the future, Steve Ritchie acknowledges that there is more work to do. The company has to increase its efforts to win back customer’s trust.
The report of Papa John’s third-quarter earnings shows declining earnings per share, same-store sales, and overall revenue. Stevie Ritchie says they took necessary measures in the quarter and there is progress. They continue to work to tackle the challenges still faced by the company. Having stepped into the role of the Louisville-based company in January, Stevie Ritchie is positive about the company focus on employees and rebranding. This focus has brought about positive consumer sentiments.
Several research firms have provided data indicating a shift in customer perception. Consumers are now viewing Papa Jones neutrally or even positively. Steve Ritchie Papa John’s gives credit to the company’s “Voices” campaign for the latest developments. The campaign launched in September as a quick action to build progress.
In the third quarter, Papa John’s posted a $364 million revenue. Earnings per share stood at 20 cents, while there was a 10% increase in international sales. International sales are increasing due to the company’s new 300 stores.
Papa John’s brought in industry veteran Mike Nettles to lead their new restructuring process. He is now the vice president, plus the chief growth/ operating officer. As part of the restructuring, the company created four vice-president roles. The roles will focus on customer/ interaction touch-points. These touch points are menu strategy, customer experience, analytics/ technology, and innovation/ branding. According to Ritchie, restructuring the company’s key to focal improvement areas:
- Different messaging- Emphasizing Papa John’s unique story and delivering it to a greater audience.
- Accessible value- A lower price point that avails mouth-watering Pizza to everyone.
- Technological improvements- Advancements in the restaurant and customer-facing technology.
- Prioritizing employees- Investing to attract and retain the best.
Stevie Ritchie (@stevemritchie) is optimistic about the coming fourth quarter. He says as much as they face challenges, the improvements are working. Currently, the company is experiencing better customer sentiment, strong cash flows, and positive external/ internal outspoken support.
Stream Energy is a provider of energy, wireless, protective and home services. Stream Energy provides electric and gas services in seven states and Washington D.C. All other services are available nationwide. Stream Energy not only provides useful services across the nation, they are also committed to giving back to the community as corporate philanthropy is part of the company’s DNA. In early 2018 when Hurricane Harvey devastated many communities in the Houston area, Stream Energy’s Stream Cares program selflessly used money earned from its energy sales to be one of the first companies to fund the recovery and ease the financial burden of its own customers. This effort earned Stream Energy to be featured on Patch.com. Stream Energy doesn’t only give back to the community during emergencies like natural disasters. They are affiliated with many organizations like Habitat for Humanity and the Red Cross. Stream is also deeply invested in homelessness in the Dallas area keeping a close eye on homeless rates. Stream partnered with Hope Supply Co. to provide entrance and meal costs for over 1,000 North Texas homeless children at the annual Splash for Hope. The Splash for Hope event brings homeless children away from the stresses of life to a local water park and provides them with fun for the day. Partnered with Hawaiian Falls Water Park Stream is able to give each child a pair of flip-flops, a hat, and a nice picnic lunch. Stream has worked with Hope Supply Co. for more than four years. Stream has proven to be a selfless company devoted to giving back and empowering the community. Playing a distinct role in the Dallas and Texas area by combining associate passion, corporate generosity, and a devotion to help those around them. Stream doesn’t just provide customers with affordable electricity and connected life services. They also provide hope to those in need.
Guilherme Paulus is a recognized entrepreneur in Brazil. He has made a substantial involvement in the tourism sector in the past years and was listed as one of Brazil’s billionaires.
He co-founded GJP Hotels & Resorts and CVC Brazil together with a politician who worked with him for four years and then left the business. Guilherme Paulus was left in complete control of the business that has expanded to be one of the biggest tour operating companies in Latin America. He joined the professional life as an intern at IBM and grew professionally to be one of the top entrepreneurs in Brazil with successful companies.
Read more: Guilherme Paulus é o empreendedor do ano 2017 em serviços
Guilherme Paulus established his first ever hotel in 1995, and it led him to develop twenty more that are located in almost all the big cities across the country and providing employment opportunities to close to 5,000 people. In 2009, 63.3 percent of CVC was acquired by a private equity company at a tune of $420 million. The company’s hotels and Resorts hosted a lot of visitors who were in Brazil during the 2014 world cup. The idea of opening the company came from Carlos Vicente Cerchiari who was serving as a State Deputy. The idea was great, but Guilherme Paulus had no capital for the business, so he was tasked with obtaining the information on the ground and later running the company after it is established.
The first hotel was constructed in a location that had a lot of traffic and flow of people. Carlos Vicente financed the project, and the site was considered the best because it was in a position that can be seen by many who pass around as they go about their daily business. The company was managed by Guilherme Paulus who describes technology as the modern trend that attracts his attention. He has established a successful business, and he has a dream of making golf a popular sport among the great football fans in Brazil. The entrepreneur also intends to lure his countrymen to visit his boutique and hotels where they will have a lifetime experience within their country.
Even the sleepiest bear can be awakened from hibernation if there is a loud enough bang. It seems like this is what happened with Shervin Pishevar. His Twitter account was quiet from mid-December to early February 2018. Then, all of a sudden, he let loose a Twitter storm that included 50 tweets. Most of the tweets had dark predictions for the US economy.
Many know Shervin Pishevar as a super angel investor. He was a cofounder and managing director of the venture capital fund Sherpa Capital. The last tweet that he sent out in mid-December 2017 was to announce his resignation from this fund. This fund invested early in companies like Munchery, Uber, and Airbnb. He is also one of the founders of Hyperloop One.
So what got Shervin Pishevar all shook up? His tweets came in response to one of the most stomach-dropping drops in the stock market in recent history. He says that things are going to get worse before they can get better. In fact, he predicted that the stock market will go down another 6,000 points in the coming months.
About halfway through his 21 hour tweet storm, Shervin Pishevar started to discuss Silicon Valley. This is where he got his start. He says that it is no longer a physical place. Now, it is an idea that has gone viral. He mentioned that entrepreneurship is a movement and is borderless. This is something that is beneficial for other countries. He actually gave an example of a team in China who was able to build an entire train station in just nine hours. However, this idea of entrepreneurship being borderless is not something that Shervin Pishevar sees as being good for short-term domestic economic growth in the United States.
Another concern that Shervin Pishevar raised has to do with giant companies in the United States. He feels that big companies like Google, Microsoft, and Apple are built on monopoly frameworks. He says that they will fall, as they should. The fact that they are able to buy small startup businesses is not good for growth in the US.
The current bull market in US equities is one of the longest on record. Investors who had been successful in the past shorting stocks have not had as many opportunities with the market looking as though it could rise forever. There are numerous investors who understand the shifting dynamic in the short selling industry. The New York Athletic Club held a conference in early May addressing many of the changes investors face. One of the key speakers at the conference was Sahm Adrangi. He made a reputation for himself in the industry by transforming Kerrisdale Capital from a $1 million-dollar company to one that manages $150 million in assets. Sahm Adrangi also distinguished himself by shorting several fraudulent companies based in China. In the conference he addressed the crowd about Ad Fraud Opportunities. Sahm Adrangi is proof that even if it appears the market will go up forever, there are always opportunities to short if an investor knows what to look for.
The fundamental workings of Sahm Adrangi’s speech were how investors could identify connections between fraud and short-term market prospects, knowing how ad fraud affects the market, and the due diligence of the investor needed to spot these short selling opportunities. Being able to recognize these occasions before they occur give investors a chance to short-sell these securities.
The conference was intended to put emphasis on the specific distinctions in short selling that are often ignored by investors. The managers pointed out that the current bull market in equities has been extremely difficult for investors seeking opportunities to short the market. The conference held valuable information for these individuals.
The short sellers conference has become an extremely expected occasion for those who are working on Wall Street. The turnout for the conference was high because of current market conditions, the evidence that many opportunities to short-sell securities are unnoticed and developing a better system to short-sell.