Whitney Wolfe’s Landmark In Social Networking

Bumble BFF is a social female led dating application that uses Sadie Hawkins concept to connect new people. The application came into existence in 2014 after Whitney Wolfe wanted to break the traditional concept of dating by putting women in control. The Bumble BFF operates like any other dating site like Tinder. It has pictures, matches and the swiping feature. The only difference is it that women are in control of the experience, and have the power to control how they perceive themselves. The goal is to expand the application not only as a dating site but also a platform where people could professionally and socially network.

Recently, a hangout joint called the Hive opened in New York City. The physical location is at 158 Mercer Street, Soho. It would be a meet up place for dates or even a place where people could only spend time. The launching of the Hive will include other events that dwell on relationships and entrepreneurship from the female perspective. Even though the Hive will only open for a period, there are plans for future ventures in other cities. The Hive will offer both bar and coffee related services where sale returns will proceed to charity. It will run from 8 am to 10 pm on Thursdays to Fridays, 10 am to 10 pm on Saturdays, and 10 am to 8 pm on Sundays.

Whitney Wolfe is an American entrepreneur who completed her major in International Studies are Southern Methodist University. In college, Whitney partnered with Patrick Aufdenkem to found a non-profit organization called the Help Us project. After graduation, she moved to South East Asia to work with orphanages. Later at 22 years, she joined Hatch Clubs and after helping in the co-founding of Tinder. She then became the vice president of the marketing department.

At Tinder, Whitney Wolfe played a very active role in popularizing the application to college students. She facilitated the download of the apps by college students. She, however, left Tinder and formed her dating app in collaboration with Andrey Andreev. Whitney Wolfe founded Bumble BFF to help people find friends. Whitney Wolfe was named by Elles Women in 2016 and also by Forbes early this year in the 30 under 30.

Entrepreneurship in the health sector by Jim Tananbaum

Science can be a motivating factor to success when it comes to healthcare. As the world grows, healthcare is not only becoming a sector meant to provide better services to patients, but also grows as a business in providing quality healthcare. Jim Tananbaum is one of the few strategists and entrepreneurs that have been committed to changing health care industry by investing heavily in the sector. Currently, he is the chief executive officer at the Forsite capital. This firm invests in emerging health care institutions and offers advice to healthcare leaders operating as business people in the health sector.

As the leading strategist at Forsite capital, it has grown to be one of the best firms in investing in the healthcare sector. Jim’s passion is seen in how tirelessly he is motivated to invest more in the area of health. His ambition is good for humanity and business since he has managed to emerge in the global market as a powerful capitalist. The greatest advantage he has is the 25 years’ experience, operating in the healthcare environment. He has established other health care investments projects that have so far been successful.

According to Market Wired, this year, he was included on the Forbes’ Midas list where global top 100 successful capitalist and investors were included, reveals Ideamensch. It is worth noting this is the third consecutive time that he has managed to appear on the list. The consistency in being successful is evident on how he has managed to invest in over 78 health care firms globally. Jim Tananbaum participated in the establishment of Geitex Pharmaceutical. It is no surprise that when this company introduced its new drugs to the market, the total sales were beyond imagination. A whopping $1.6 billion.

He believes in a prosperous future that will lead in provisions of better research, manufacture of drugs, and health care as a business opportunity. That is why he offers investments capital to emerging healthcare institution and aspiring leaders in the sector so that they can participate in the evolution of heath care. These investments are given at affordable rates, to encourage the smaller healthcare firms to grow and become national and global brands.

Read More: http://www.massdevice.com/neuropsych-treatment-diagnosis-platform-dev-mindstrong-health-raises-14m-series/

What The CEO Of Capital Group Thinks About Warren Buffet’s Trading Advice

Last year Warren Buffet invested $1 million into an S&P passive index fund with the intent to prove that he could gain better returns than a group of hedge fund managers, and it looks like he will. In many ways, Mr. Buffet’s investment strategy is correct, look for simple, low-cost investments that can be held for the long term. Mr. Buffet believes this can be found in passive index funds. However, passive index returns aren’t always the safest path, especially in a down market. Passive index funds still expose investors to 100 percent of the volatility and losses in a down market, something most investors aren’t aware of. Doing better than the market during bad times is a key component to producing positive long-term results.

Of course, there’s no simple way to determine which funds will do well. To identify suitable funds, investors should look for two things – low expenses and high manager ownership. Get rid of any funds carrying high management fees and look for those where hedge fund managers are investing their own money into the funds. This will ensure high returns and sound investments for the long term.

Tim Armour is the chairman and principal executive officer of Capital Group, a firm that is ranked as one of the world’s oldest and largest investment management firms. Capital Group is widely known for its range of over 40 mutual funds offered through its subsidiary, American Funds. Mr. Armour has 34 years of investment experience, all with the Capital Group. He began his career with Capital Group in 1983 when he joined The Associates Program. He then became an equity investment analyst. In 2015 he was elected Chairman by the board of directors. Mr. Armour also acts as an equity portfolio manager for the firm. He holds a bachelor’s degree in economics from Middlebury College.

Reference: http://www.wsj.com/articles/you-dont-have-to-settle-for-average-investing-returns-heres-why-1476717440