Founded in 2007 and based out of the San Francisco Bay Area municipality of Palo Alto, California, HGGC has built up one of the most impressive portfolios in today’s private equity market. The success of the company has seen HGGC build up a portfolio of companies that currently employe more than 60 thousand employees across the globe. HGGC has cultivated success over the course of its existence through engaging in platform investments as well as liquidity events, acquisitions in the add-on area and recapitalizations. This has led to the privately held private equity firm attaining a level of success that is truly impressive. The company has recently seen a massive amount of added activity and this has led to the need for some major promotions. HGGC recently made some major announcements in terms of its leadership team.
In a recent move in regard to its leadership team, HGGC has just announced that ten members of the team are being promoted while the company has also brought in five more highly qualified individuals. This move follows a major strategic investment on the part of the private equity firm. The strategic investment in question came from a company known as Dyal Capital Partners. With this major new investment, the move has been made to reward the major contributions made by members of the current team and it has also allowed for an overall enhancement of an already highly talented team. This is great news as the plans are to continue to aggressively build the portfolio further.
Among these new promotions and hires, there are five members of the HGGC team that have been elevated to partner status. These individuals are Steven Leistner, Les Brown, Harv Barenz, John Block and Lance Taylor. Company co-founder and President Steve Young have commented on the fact that both himself and fellow co-founder and CEO Rich Lawson are very proud of the work that these individuals have put in. He expresses the fact that they are both very happy to be able to recognize these highly talented individuals for the diligent work that they have done.
Alex Hern the founder and CEO of Tsunami VR. The Tsunami VR is a software tool that companies like Honda used. It allows multiple of users to enter into a 3D space at the same time. The software tool is a digital workshop for companies Tsunami XR is the digital equivalent to a Rolodex. Alex Hern technology increases productivity in the workforce. Customer service is important to Alex Hern so he wants to bring it straight to his business clients.
Hern’s company is based in San Diego and he spent more than twenty years in the technology industry. He co-founded a company called Inktomi Goldman Sachs-led IPO, which help search engines like Yahoo. Alex Hern says that virtual and augmented reality is the future or businesses all around the world. He partnered with other businesses who understand their craft and a team that understands sales. Teaming up with the right set of people can make a business strong.
Talk Fusion has released products that were once believed never to be possible. In 2007 Bob Reina launched Talk Fusion to create a supply to a world filled with people that had advanced technology needs. He was not knowledgeable of technology creation, but he took the little that he had and made his dream come true. Bob Reina was viewing a house in North Carolina that he was interested in purchasing, but he did not want to purchase it without consulting his family. He recorded a video but he tried to send it through email, and it didn’t send.
Instead of begging companies to create video communication which they believed was impossible he decided to create the impossible. In 2007 after working had with his friend Jonathan Chen he launched Talk Fusion. Talk Fusion has inspired and helped millions of people all over the world. The company has been able to reach over 140 countries around the world. Talk Fusion continues to expand by offering people products that they will not be able to find anywhere else. The most recent product that has impacted people is called WebRTC which is real-time communication. Real-time communication allows people to communicate through a web browser whenever they would like to. Through WebRTC people are able to host a business meeting from their home and send video message through emails.
WebRTC has changed the way that corporations view meetings. People are less likely to dread meetings if they are in the comfort of their own home or wherever they are. People are able to attend meetings comfortably which can make meetings more productive and much less of a rushed feeling. They can participate in the meeting using a smartphone, tablet, or computer. Bob Reina has not only created a creative way for companies to host meetings, but he has designed a way for people be comfortable in every way during the meeting. Learn more: https://www.businessforhome.org/2016/07/talk-fusion-classified-as-triple-a-opportunity/
Corporations are also able to use WebRTC to email people using video. Instead of typing long dreadful emails they are able to record and send the message. Reading long emails is not a thing when a person is using Talk Fusion’s innovative products to conduct their communication. People are able to communicate when they have the chance in real time without a lot of glitching and terrible feedback. Talk Fusion provides high-quality products to their customers all over the world.