Whitney Wolfe Expanding Bumble App To India With The Help Of New Investor

The dating world can be scary for women to traverse, and that’s exactly what Whitney Wolfe set out to fix when she released her dating app Bumble. Unlike other dating apps on the market, Bumble only allows women to make the first move which helps them to avoid some rather uncomfortable conversations that seem unavoidable when it comes to trying to date online. The highly feminist concept has been met with contempt by some, but Wolfe continues pushing on and has seen her app become a huge success that branched off to include features for friends and business connections as well as dating. Read this article of Whitney Wolfe at Deadline

2018 has been a huge year for Whitney Wolfe and Bumble. Among some of the things that have happened this year with the app includes starting a venture fund to support women founding companies and considering creating an initial public offering. Even though they were busy doing all of this, their company still managed to keep growing their app in many different ways.


With more than 41 million users and growing, their Chief Executive Officer Whitney Wolfe believes that they have barely started seeing the potential that this company may have in the future. In the beginning, she wanted to create a dating platform that gave women the power when it came to communication and she believes that they have managed to do just that.

One of Bumble’s newest investors, Priyanka Chopra, is supporting Whitney Wolfe with her decision to expand the dating app to India. In India, there is a lot of distrust towards men by women in the dating world. While they want to connect with potential romantic partners, they also want to feel empowered and safe in the process. They believe that their expansion into India will be met with a good reception and users will be excited to participate. Chopra will be working closely with Whitney Wolfe to help address the specific needs of women looking to date in India as the market tends to be aggressive. It is reported that she is deeply involved with the project even down to the marketing of the app.

Visit: https://www.forbes.com/sites/clareoconnor/2017/11/14/billion-dollar-bumble-how-whitney-wolfe-herd-built-americas-fastest-growing-dating-app/

 

Tony Petrello’s Odessey And Philanthropy

Tony Petrello has a unique and surprising story. From a humble upbringing, growing up in a middle-class community in Newark, New Jersey, to managing the most prominent land-based drilling organization, assisting in raising hundreds of millions of funds for international neurological disease research.

Anthony G. Petrello, also known as Tony Petrello, is the prevailing Chief Executive Officer and the President of Nabors Industries Limited. He is the Convener of the Panel and Executive trustees of Nabors Industries established in Hamilton, Bermuda. Nabors Industries as of now is the world’s biggest geothermal and gas drilling company. Its operations extend from United States, Middle East as well as the Far East and Africa. Petrello plays a significant part in the improvement of Nabors Industries which began as Anglo Energy Limited in 1968.

Tony Petrello is an alumnus of Yale University and as well as Harvard University. He gained his Juris Doctorate from the Harvard School of Law while he obtained his BS together with Master’s Degree in Mathematics at Yale University. Tony’s professional trip started in 1070 after joining a law firm called Baker & McKenzie. He became a Managing Partner of the New York branch of the firm in 1986 to 1991.

After leaving Baker & McKenzie, Tony Petrello stepped in as the Chief Operating Officer of Nabors Industries in 1991. He was later promoted to be the Deputy Chair in Nabors Industries in 2003 maintaining this position up to June 2011, when he was made the CEO of the company. He works as the Chairperson of the Board of Nabors Industries from 2011 and since February the same year the Director of Stewart & Stevenson, LLC. He also became the Director of MediaOnDemand.com as well as the present Director of Texas Children’s Hospital. His total calculated compensation is $27,512,939 for FY 2015 where he got $1,580,077 as salary, $16,863,656 as stock, $7,727,000 as bonus, as well as $1,342,206 as various types of compensations.

Tony Petrello fills in as an Executive of Stewart and Stevenson LLC together with Hilcorp Energy Company. Mr. Petrello donated $7million to Texas Children’s Hospital following the troubled childhood that his daughter, Carina, went through. In turn, the hospital used the money to build a pediatric neurological complex. He is also a part of the members of the Board of Trustees for the Texas Children’s Hospital and advocates for research and clinical projects to confront the requirements of young ones with neurologic disorders.

The Life And Beliefs Of Logan Stout

If Logan Stout could live his life all over again, he would take time to appreciate each step that took him to where he is today. He has shared that he wishes that he had enjoyed the whole process of getting to the point that he is at a little more than he did.

His journey to get started as a businessman and an author and speaker was something that he went through quickly. He has shared that he would like to go back and enjoy the whole process as well as the people he dealt with along the way a little more than he did.
 
Logan Stout is the Founder of IDLife, a company that offers products that are made to fill the needs of those who are trying to live healthy lives. His company is meant to create products that other companies do not create and to make up for the products that are missing from other brands. He has shared that brainstorming is something that he loves to do, and brainstorming has allowed him to come up with a great idea for a company and with great products for that company to offer. He has done big things with IDLife.

Read more on ideamensch.com
 
People are important for an idea to come to life. As a businessman, Logan Stout has shared that he believes that the right people need to be involved in order for a concept to make it. He believes that there need to be good people involved in a project if that project is going to come to success. Logan Stout has shared that he believes that the better the people that are involved in something, the better the outcome of that will be. He’s also a philanthropist.
 
Logan Stout is a man with a strong faith, and he is someone who believes that a person should love abundantly. He believes that it is important for a person to give in a generous way and to live a simple life. He believes in praying every day, and he takes time to read his Bible and do that on his own each morning.

Find more about Logan Stout: http://skyscrapersports.com/logan-stout-professional-mlb-player-wellness-entrepreneur/

Luiz Carlos Trabuco Cappi Bradesco Changes Leadership

Running a major business is difficult for anyone to do. There are few people who possess all of the skills required to make a positive difference in a large company. Luiz Carlos Trabuco Cappi is the type of person who has those skills. During his time with Bradesco, he implemented various changes to help improve the company.

Some other leaders at Bradesco decided it would be best if Luiz Carlos Trabuco Cappi went somewhere else. Although he did a good job with the company, he also made some mistakes along the way. With the banking field changing every year, Bradesco needs to act quickly in order to replace him.

Leveraging Technology in Banking

Technology is a vital aspect of running any business according to istoe.com.br. Investing in new technology is not cheap. In addition, it requires a lot of time to get right. Luiz Carlos Trabuco Cappi had the vision to make Bradesco a company with a ton of great technology to offer customers.

Many young customers in Brazil want to use online banking more than traditional banking. These new investments allow customers to use online banking options with Bradesco. Many people believe that this will lead to improved sales in the years ahead.

Read more: Bradesco to choose board member as new president, says Trabuco

Employee Morale

Another area that Luiz Carlos Trabuco Cappi wanted to improve at Bradesco was employee morale. When he took over the company, it was quite common for people to leave within a few months of working at the company. Bradesco did not that employees well, and they also paid less than the industry average.

Luiz Carlos Trabuco Cappi decided that he wanted Bradesco to attract some of the best talents in the industry. Over the years, he was able to work hard in order to accomplish this goal.

Not only did he offer more benefits to employees, but he increased pay as well. At first, this came as a surprise to other leaders in the company. It would eventually benefit the company in the form of lower turnover and higher productivity from workers.

Small Business Owners in Brazil

Throughout his time at Bradesco being the CEO, Luiz Carlos Trabuco Cappi always wanted to help small business owners in Brazil. As the Brazilian economy improve, more people are willing to risk money in order to start a company.

However, few people have the cash needed to start a new company. This is why business loans are becoming so popular in Brazil. Luiz Carlos Trabuco Cappi wanted to help small business owners with multiple loan options.

Future Plans for Bradesco

Bradesco is a company that is growing and doing well. However, Luiz Carlos Trabuco Cappi is no longer a part of the leadership team. The company needs to move fast in order to replace him as CEO. There are numerous candidates for the position.

Luiz Carlos Trabuco Cappi did a lot of great things for Bradesco. His leadership is something that many people in the banking industry admire. Some employees miss him being the CEO of the company.

See: https://www.terra.com.br/economia/trabuco-assumira-presidencia-do-conselho-do-bradesco-banco-nomeara-novo-chefe-executivo-em-marco,9fb1d7fe927d7f26678a7543f82f02edw3u6oihm.html

Warren Buffet Stirred A Debate On Investment Choices, And Tim Armour Offered His Thoughts

Warren Buffet offered some advice on investing in his annual shareholder’s letter recently. Having been in the field for a very long time, he based his arguments on the experiences he has collected over the years. He placed a $1 million bet that would go to charity if his predictions failed. In his perspective, he observed that investing in an S&P 500 passive index fund, one would reap more as opposed to investing in hedge fund managers. This topic has attracted a debate, and Tim Armour readily gave his insights. Tim Armour respects Buffet’s school of thoughts and regards him as best placed to advise Americans on the need of investing. He also agrees with the method of investing in low-cost stocks and hold them for a long time to realize returns.

Passive Index Versus Hedge Funds

According to Timothy Armour, risks associated with passive funds are not well known to investors and those who know them often underestimate them going by recent statistics. Many hedge funds incur a lot of management costs and sometimes they over trade, which gives long-run returns that are poor. In his opinion, the debate should not be about passive or active but rather about low costs and long-term investment returns.

Despite the traditional belief that passive funds are a more secure way to save for retirement, it is advisable to note that they are not favorable during down markets. Quoting his experience at Capital Group that has been in existence for 86 years with 18 equity funds, the firm has had an average of 1.47 percent annually above index rates. This cements his argument that for hedge funds, if an investor can identify good managers, then he will reap for sure.

About Timothy Armour

Timothy Armour is a prominent person in the capital market in Los Angeles. His training in economics gave him a headway start for his career. He joined Capital Group as a participant in the associate’s program and worked his way up to his current post of the chairman and CEO.

Read more: Q&A With Portfolio Managers Tim Armour and Rob Lovelace

Anthony Petrello Still Breaking The Executive Mold

While not quite topping the list of best paid bosses for 2014 and receiving a 10% cut to his base salary as well, Anthony Petrello of Nabors Industries Ltd., still managed to accrue a total compensation package of $27,512,939 for fiscal year 2015.

This also despite an 80% reduction in total compensation when Anthony Petrello topped the list as highest paid oil executives in 2013.

The move was the result of an initiative the company began in 2014 to overhaul pay practices in regards to executive compensation. The company also took to the normal industry practice of linking top executives pay to the overall financial performance of the company. The move was finalized with a clinching vote by company shareholders at an annual advisory meeting in 2015.

Tony Petrello has been with Nabors Industries since 1991. Prior to his joining the company, Tony focused on international arbitration, taxation and general corporate law at the law firm of Baker & McKenzie and was Partner of it’s New York base office.

In 1991 he left Baker & McKenzie and was elected to Nabors Industries Board of Directors and the Executive Committee of the Board as well as serving as it’s President and COO until 2011. That same year he was named CEO of Nabors Industries after then CEO Eugene Isenberg stepped down.

In 2012 he was named Chairman of the Board and Chairman of the Executive Committee of the Board. However, since overseeing the operating functions of the company is not enough work for him, Tony also strategizes planning initiatives that allow the company to compete more prosperously in the market.

Anthony Petrello also serves as director of Stewart and Stevenson, LLC and Hilcorp Energy Company. His most important and personal work though, is as a member of the Board of Trustees at Texas Children’s Hospital where he advocates for the research and development of clinical programs for the needs of children suffering from neurological disorders.

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