The Role of Investor Funds in FreedomPop’s Expansion

Many upcoming firms especially in the telecoms sector find it difficult to expand due to lack of capital injection. Such funds help the startups to expand operations to frontiers that were previously unexplored. Due to stiff competition in the sector need money to acquire the latest technology so that they can fairly compete in the marketplace with more established firms. FreedomPop is one of the firms banking on this latest craze. It recently embarked on a go-getting growth plan, which is likely to see it take the sector by storm.

During a recent media interview, the firm’s co-founder and Chief Executive Officer Stephen Stokolos shared his insight about where the company is headed. He acknowledged that the virtual mobile network provider had snapped up funding amounting into tens of millions of dollars over the past few months. This money was raised from investor funding and played a significant role in its extensive local and global development strategies. The money was also used to keep the company afloat and independent amid the takeover rumors, which have dogged it in the past. This was originally reported on RCR Wireless. For further reading, click on this link: http://www.rcrwireless.com/20160309/carriers/freedompop-rides-vc-funds-towards-expansion-tag2

FreedomPop in Summary

The firm was founded in 2011 by visionaries who wanted to provide free mobile services. It is based in Los Angeles, California and provides free mobile services including free data, text and voice. It is also in the business of retailing mobile phones, tablets and broadband gadgets such as modems and Internet routers.

Since its inception, FreedomPop has managed to garner almost 110 million dollars in funding. The company is backed by major corporations including Intel, Partech Ventures and Mangrove Capital. It also utilizes Sprint’s connections for its operations in the US. In line with its plans to expand into the global scene, its management recently announced that the company is branching out to the UK.

Autism Rocks Founder Sanjay Shah Brings In New Trustees

Sanjay Shah has brought in two new trustees to his live music charity, Autism Rocks. As announced through The Sunday Times, the London-based charity organization has appointed brothers Will and Pete Best to the Board of Trustees.
Autism Rocks founder Sanjay Shah is a longtime acquaintance of the brothers, and is confident they will have a positive effect on the charity. The Best brothers will oversee general managerial process, funding management, and live fundraising events.

About Pete Best

Pete Best has 21 years experience in finance, notably as brokerage firm Icap’s Chief Operating Officer until changing his focus to family and charity in 2015. His deep experience in finance is particularly important for his new role with Autism Rocks.

About Will Best

Will Best is an international TV presenter specializing in music events, with experience in advertising. His knowledge of live events is a critical skill for live fundraising events, which are the core focus of Autism Rocks conceptually. The charity puts on events including such luminaries as Prince, Lenny Kravitz, and Snoop Dogg, and Shah believes Will is a great choice to organize these large events.

About Sanjay Shah

Financial services expert and longtime philanthropist Sanjay Shahof Solo Capital founded Autism Rocks in 2014, in response to his son Nikhil’s autism diagnosis. Using contacts in the music industry, Shah stages live concerts to raise funds and build awareness for autism research. The proceeds from each event go to various organizations that specialize in researching autism.

Shah is also founder of Solo Capital Markets, a London-based, international boutique financial services company. With years of experience under his belt working for Credit Suisse, Merill Lynch and Morgan Stanley, Shah started the company in the wake of the 2009 financial crisis. Although he considers himself retired, Shah continues to oversee Solo Capital Partners as CEO.

The 2008 Meltdown Is Over But Another One Is Coming According To George Soros

 

It was less than 10 years ago, but the remnants of the 2008 recession are still present is certain parts of the United States. That recession was the deepest, and the most all-encompassing meltdown since the 1920s and 1930s Great Depression. When the U.S. stock market crashed in 2008, investors licked their wounds and healing those wounds was a slow and painful challenge.

The S&P 500 index has risen by more than 92 percent since then. That increased seemed to be the new norm until the second half of 2015 sounded a wake-up call. The S&P index dipped by 9 percent at the beginning of 2016 and it has recovered, but George Soros says the recovery won’t last long.

George Soros is the guy other investors want to be. Soros is a billionaire 27 times over, and he made all that money investing. His hedge fund has returned 20 percent, year after year. Soros is known for his humanitarian efforts as well as for his investment prowess. Soros recently told Bollomberg.com that the economy of the United States may look like it will continue to grow in 2016, but it is going to hit a wall, and it may not get up for a while.

Even though recent unemployment figures show that almost all employable American are working that could change in the months ahead. One of reasons for Soros dismal outlook for the U.S. economy is the fact that most of the economic growth was fueled by government bailouts, huge injections of capital disguised as quantitative easing, and loose monetary policies. The expansion, according to Mr. Soros can’t continue because of central bank support and cheap money. The basic fundamentals of the economy must catch up with the stimulus that will create real economic growth. The real economy is covered in mirrors, according to Bloomberg, and those mirrors are going to break under the pressure of the current global issues.

Those issues are easy to see. The European Union is drowning in its own narcissistic behavior. The migration crisis coupled with the EU’s weak economic performance and the euro debacle has caused a major riff in the Union, and some members think it is not repairable. If the EU collapses, Europe will be thrown into a deep recession.

When the Chinese economic fiasco is added to the EU debacle, the result will likely be a global recession, according to Soros. Soros told Bloomberg.com that China’s economy is not going to grow by 6.5 percent in 2016. Soros believes the growth might be 3.5 percent at best. China has already put Asian and South American countries into the recession mode, and the next target is the rest of the world, according to Mr. Soros.

All Things Public with Darius Fisher

Darius Fisher is the president of Status Labs, a firm that focuses on online reputation management, public relations and digital marketing. The firm is well-known for the damage control of one’s online crisis situations. Darius is a mastermind with high profile clients as well as your everyday person. He is known as the Olivia Pope of the online marketing world. Not only does he specialize in fixing what is broken, he also helps business owners rank on the first page of Google to maximize their bottom line, and assists individuals – who may be entering the workforce – create a positive image for potential employers.

Being that Darius Fisher has previously worked as a consultant to political figures, and having a firm that handles public relations, his advice is one to adhere to when it comes to reducing turnovers by increasing employee satisfaction in the workplace. Darius has laid out a few solutions to tackle this matter, in order to cut down the cost of turnover rates.

First, it is important to have a goal for employees to work toward. If you incentivize people in the workplace, you make for a more production-driven and healthily competitive atmosphere. People just don’t want to show up for work, but they want to be rewarded for it too. You must know what makes them happy, in order for the incentivizing to be effective. Give them a free vacation, spa package or dinner and a movie.

Next, don’t overlook your employees. Workers appreciate being praised for their accomplishments. Acknowledging them in front of the team or even through a simple email blast will bring their confidence up to a new level. There’s nothing better than going to a job where you feel like you’re more than a worker bee. Positive acclamation will take your company a long way.

Lastly, it is very important to have consideration for your staff. Though some may not express it often, they really do want to know what changes occur within the company. The way to cut down the number of disgruntled employees is to keep them in-the-know when it comes to new hire potentials, new developments, hot topics and highlights, and new services that the company may be offering. This can be done by holding meetings every week or every month. One may also consider starting a company newsletter to take care of these same topics.