Kodak has been facing a lot of problems recently and their new KodakOne and KodakCoin do not appear to be what will save the company. A negative report on the future of the company and these products was recently issued by Kerrisdale Capital Management and their founder Sahm Adrangi and it has gotten a lot of attention. Sahm Adrangi has predicted the failure of companies before with a shocking degree of accuracy. He has a keen eye for spotting sketchy business practices and reading between the lines. His predictions fro Kodak Eastman Company are no different.
Kodak recently announced that they are jumping on the cryptocurrency and blockchain bandwagon and many investors jumped on the opportunity causing their stocks to skyrocket. This effect was only temporary and Kodak Eastman quickly saw their stock prices drop to very close to what they were before they had gone public with their plans. The world of cryptocurrency and blockchain technology is very new and misunderstood by many people, Sahm Adrangi believes Kodak is using this to get the attention and money of investors knowing that the products will not go anywhere.
Sahm Adrangi sees many problems with Kodak’s new proposed digital currency and licensing system that range from legal to technical. One of the most obvious ones appears to be with KodakCoin and the fact that photographers just do not want it. The KodakOne system is integrated with KodakCoin and will supposedly compensate the artists whose work is being used unlicensed with their KodakCoin cryptocurrency and it’s not very likely that many people will be interested in this form of payment. Besides this problem, there appear to be many technological roadblocks that will come up while these products are being developed and Sahm Adrangi doesn’t think it is very likely that Kodak will be able to release a working version of these products as promised. One of the most concerning issues behind KodakCoin and KodakOne is the business practices that have been taking place both within Kodak and their partner company for the products Wenn Digital.
Tony Petrello just so happens to be the highest of the food chain at Nabors Industries. A company that provides drilling solutions for other companies. While some would spend tons of money on vacations, at an expensive resort, cruising frequently, Tony Petrello is quite the opposite. He actually chooses to spend considerable amounts of his resources and wealth to help transform the world we know for better. Looking into the life of Tony Petrello one will clearly see he lives quite the philanthropic life.
Anthony Petrello believed in education and the power it had to give him a better life. He worked with his late professor Serge Lang for years and himself received a Yale Scholarship while at the prestigious University. With receiving the news of his late professor passing, Petrello set up a generous fund of one hundred and fifty thousand dollars for students. Petrello also agreed that if anyone would match his original donation that he would then donate up to another one hundred fifty thousand dollars. He knew the financial situation he was brought up in. That he was no afforded a ton as a child. That someone had to make an investment in him, he sees it as investing in our youth, our future, another potential Tony.
The generous contributions of Tony Petrello do not stop at the school level. He poured tons of help into relief efforts for Houston’s Hurricane Harvey. He allowed his staff to actually have time paid off so they could volunteer throughout the Houston area wherever they may be needed. He was kind in that he raised a fund, Nabors Disaster Relief Fund, with the goal of matching other donations given. He raised a total of over one hundred seventy thousand dollars for Harvey relief. Tony Petrello also had the brilliant idea of converting the Naborhood Cafe. Their on-site kitchen property to cook and prepare hot meals for the families devastated by tragedy.
Lastly Tony Petrello has also donated millions of dollars to Texas Children’s Hospital. He generously donated over five million dollars and promises to give a total seven million in time. His commitment to Texas Children’s is in response to his daughter sickness and the hope for a cure for her periventricular leukomalacia (PVL). This disease attacks the brain by stopping blood flow to it, causing developmental delays.
Tony Petrello constantly raises the bar in giving. Whether its education, natural disaster, or family affairs, Tony gives the Petrello name a good look.
Luiz Carlos Trabuco Cappi took over Bradesco when the bank had been defeated, in terms of popularity, by its major rival in the market. Itau Unibanco had gained the lead in the banking sector relegating Bradesco to a subordinate position. Upon taking over the reins, Luiz resisted pressure to prioritize his bank’s run for the top position in the industry and instead concentrate on client satisfaction. In August, Luiz Carlos Trabuco made a bold move when he bought HSBC’s Brazilian branch.
Acquisition of HSBC
Lazaro Brandao, the chairman of Bradesco board, approved the new president’s plan to acquire HSBC for $ 5.2 billion. The bold move meant that Bradesco was catapulted back to contention for the position of leadership in the banking sector.
The president said that the successful acquisition of HBSC enabled Bradesco to thrust ahead into leadership, a fete that would have taken not less than six years to achieve in an organic growth pattern. The purchase is however yet to get the green light from regulatory agencies in Brazil, which is expected in the first quarter of next year. It is this shrewd maneuver that earned Luiz Carlos Trabuco Cappi the ‘Entrepreneur of the Year in Finance Award‘ by Money. Now Bradesco rivals Itau Unibanco as far as assets, granted loans and deposits is concern.
Read more on Bloomberg.com
Luiz Carlos Trabuco Cappi
Bradesco President, Luiz Carlos Trabuco Cappi, is an alumnus of University of Sao Paulo where he graduated from the Philosophy faculty. His work at the bank started in 1969. He rose through the ranks working hard and delivering on assignments and duties. The position he now enjoys was arrived at owing to his management at Bradesco Seguros, where he worked for seven years from 2003.
Some say that Luiz Carlos Trabuco Cappi does not meet a banker’s profile since he is a man who is soft spoken with a broad smile and good humor. He is married and a proud father of three children. Apart from his first degree, he has a postgraduate education from Sao Paulo’s ‘School of Sociology and Politics’.
Upon his ascension to the position of president, Luiz Carlos Trabuco Cappi created ‘a corporate university’ where he started seeking cadres and meeting executives from other banks. Later, the bank set up rituals for picking the best from those who were rising in position in the bank. The promoted staffers would gather in the bank’s Noble Hall and Trabuco would require each to have something to share with the rest when called upon. The staffers would articulate an action plan or a strategic move. This move Trabuco insisted helped in determining and getting market professionals who would compete and help grow the bank and industry by extension. Rento Ejnisman, executive director Bradesco BBI, is an example who benefited from this ritual. He served at Bank of America and BankBoston.
Luiz Carlos Trabuco Cappi is an early bird, he arrives at 7 am in the morning and works till 6 pm on work days. His work extends to business dinners and other functions. Owing to his work ethic and delivery, he was earlier in the year considered for the position of ‘Ministry of Finance’. Luiz however declined the position which was not a surprise to his colleagues who believe he ‘was born to work at Bradesco’. Many have indicated that he may be in line to succeed Lazaro Brandao.
In the early 80s, when he was responsible for marketing at Bradesco, he customized the bank’s publicity and opened its doors to media, the third estate. His role at ‘the group insurer’ played a major role in his rise to the presidency.
There are many different successful women entrepreneurs that are in many different retail markets whether it be for cosmetics, clothing, or anything else. One of these successful influential women is Doe Deere the owner, founder, and CEO of the popular cosmetic brand Lime Crime. Doe Deere certainly has a lot of things that she can say to young women who are also trying to start their own business along with providing them with tips and tricks of how to do so. There are many things that people are good at but according to Doe Deere it is important for entrepreneurs to stay open minded because there will be things that will require growth and change and they will need to be able to adapt to those changes. Another great tip that Doe Deere has for entrepreneurs is to not worry about problems until they arise and when they do arise to take care of them almost immediately as it will help you to eliminate problems much quicker rather than just letting those problems build up over time without doing anything about them. Learn more: http://doedeerefam.com/
Doe Deere is not just the founder, CEO, and owner of Lime Crime Cosmetics but she is also known for her unique style and loving heart. Doe Deere was born in Russia and raised in New York city. Her mission with her company is to prove that makeup is not just used to conceal imperfections but that it also can be used as a form of art for people to express themselves with. Lime Crime was launched in 2008 and are cruelty-free, colorful, and vegan cosmetics. Doe Deere’s approach in bringing new ideas to life is to raise them up like children by helping them along to success. It takes time to raise a child just as it takes time to raise an idea up to become a thing. Doe Deere also makes sure that her along with everyone in the company tests all products out and wears them because they go out to the public. This technique according to Deere is the best way to ensure it’s a product that is worthy enough to be used by customers. If Doe decides that she does not like a product or that one of her workers does not like a product she simply does not release it to the public because she wants to keep her customers happy by providing them with excellent products.
MB2 Dental Solutions is a renowned dental service organization that acts as a partner not only to practice owners but also to affiliated dentists. The company offers a suite of services to affiliated dental offices in a bid to allow them to operate efficiently without compromising on their standards of care and patient care. As such, all MB2 affiliated offices retain 100% clinical autonomy and utilize the assistance of the MB2 team to run their practice.
Dr. Chris Steven Villanueva, CEO and founder of MB2 Dental Solutions, embarked on his dental career just like any other dentist. Along the way, the present issues in group practice and sole practice models of dentistry frustrated him. This marked the inception of MB2 Dental Solutions in 2009. Chris founded the organization in a bid to allow dentists to do their work as dentists while still reaping the profit and perks of their clinical drive and talent.
According to Angel List, MB2 Dental Solutions is driven by its vision of integrating the positive features of group practices and sole practitioners while mitigating the negative attributes of each. The organization is also steered by its mission to provide affiliated dental office owners with a team of professionals. The experts offer the desired guidance, personalized systems and knowledge to cater to non-clinical operations involved in running a successful dental practice. Currently, MB2 Dental boasts of more than 60 affiliated dental offices and over 75 employees.
Dr. Ahkil Reddy in Brief
Dr. Ahkil Reddy is one of the many accomplished dentists who work in close collaboration with MB2 Dental to make their practices better. Currently, he serves as a partner dentist at West Lovers Dental, which is located in Dallas, Texas. Reddy holds a bachelor of science degree in biology from the University of the Pacific and a DDS from the same university’s school of dentistry.
Recently, Ideamensch held an interview with Dr. Ahkil Reddy in an attempt to get more up-close and candid information about his life and career journey. According to the interview, Ahkil’s love for dentistry stemmed early. This passion also brought out his love for mentoring and coaching doctor who were fresh from dental school. As Ahkil grew in his dental career, he began consulting and partnering with different dental practices.
Crunchbase reveals that when it comes to transforming an idea into reality, Dr. Ahkil utilizes the SWOT analysis. This strategy allows him to find the best way to execute an idea. He also uses mentors, colleagues and friends, especially when something is sophisticated. As a successful entrepreneur, Ahkil shows genuine care to all his employees without necessarily becoming best friends.