Greensky Credit co-founder and CEO David Zalik prides himself on running his company differently than other financial technology start-ups. Zalik avoids speaking at conferences as much as he can. He did not raise a single cent from fundraisers for approximately ten years. Zalik does not treat his employees to a free meal.
Now, Zalik is opened up to the idea of raising capital. He is challenging the idea that companies should remain private for as long as possible. GreenSky has requested an IPO and could raise $1 billion. With that said, the company can still decide to decline the funding after the paperwork has been filed.
GreenSky Credit is putting most of the risk on banks. Large banks such as SunTrust, Regions and Fifth Third, are the ones keeping tabs on the loan balance. GreenSky Credit itself is not on the hook for defaults.
Zalik is not fond of individuals using their smartphone to acquire a loan in a few minutes. Never in his life has he seen a process to raise money come so easy.
Since the creation of GreenSky in 2006, Zalik, 44, has silently raised one of the major players in the financial technology industry. What is his secret? While other businesses are arguing with banks over loan terms, Zalik believes that GreenSky working with banks can lead to a mutually beneficial relationship. Some financial technology start-ups claim that they are a better alternative to banks.
GreenSky Credit, a financial technology company founded in 2006, creates hardware for banks and merchants to help consumers get loans for their home improvement needs. The company is not as well known as other fintech giants such as Social Finance Inc. or Lending Club Corp partly because they do not use their capital to make loans.
Class Dojo is a unique method of improving on education that focuses on improving the level of communication between parents and their children while they are in school. For the longest time, communication in school was a difficult thing to achieve, mostly done through teacher conferences or scheduled meetings that often are too short and disorganized. Class Dojo is changing this with their innovative app which takes a new approach to education on the market of educational tools. There are many platforms for education out there, but none of them work to help improve communication or even the school community so much. Class Dojo is creating an air of positivity among students, teachers, and parents as all parties have never been able to stay in such close contact.
Teachers of any given classroom can directly control or influence the type of content that is available on Class Dojo and what children are able to see. This mostly includes class projects, stories, notes, and special moments that happen in the classroom.
The majority of teachers out there have expressed how much they enjoy the new additions that come with the Class Dojo app, allowing for parents and students to be more involved in schoolwork than ever. The co-founder for Class Dojo, Liam Don, has said that he was inspired to start up this platform when he traveled the country and saw the poor state of communication and the lack of participation from parents. Teachers especially expressed their concern with the falling conditions of not just schooling environments but the stigma placed on schooling as well. Class Dojo was Liam Don and Sam Chaudhary’s attempt to bring parents, students and teachers together in a way that has been missing from school for a long time.
According to most, Class Dojo easily has the potential to change the way people view education moving forward. Up til now, Class Dojo has done an excellent job, building on the school community and improving learning for students around the country. Two-thirds of all schools in the United States have experienced what Class Dojo has to offer, with profound effects on student’s demeanors. The most exciting part about this platform is it is free for everyone to use and signing up is as easy as asking for an invitation from a teacher.