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A New Book Brings Melania Trump Into (Slightly) Better Focus

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To the Secret Service, he is “Mogul” and she is “Muse.” Donald J. Trump and Melania Knauss met in Manhattan in 1998 and married seven years later. He was a real estate guy and she had curb appeal.

In a new book about Melania Trump’s life, “The Art of Her Deal,” the Washington Post reporter Mary Jordan suggests Melania kept her mogul’s flickering interest by being an apt pupil of his literary output, which now runs to nearly 20 titles.

In “The Art of the Comeback” (1997), written with Kate Bohner, Trump said about women: “There is high maintenance. There is low maintenance. I want no maintenance.” Melania took notes.

She is a sphinx, with a rubber eraser in place of a tail. She didn’t keep friends as she moved through the stages of her life: her childhood in the former Yugoslavia, her years as a model in Milan, Paris and New York. There were no bridesmaids at her wedding. She has declined to talk about her past except in generalities. She is so camera-ready at all moments that a friend tells the author, “I don’t even know if she goes to the bathroom.”

Melania’s remoteness prompts a cri de coeur from the author. “In three decades as a correspondent working all over the world, I have often written about the reluctant and the reclusive, including the head of a Mexican drug cartel and a Japanese princess, but nothing compared to trying to understand Melania,” Jordan writes.

“Most people I spoke to would not speak on the record. Many in the Trump world are governed by NDAs (nondisclosure agreements). Some had been warned by lawyers, family members and others close to Melania not to speak publicly about her, and many would talk only on the same encrypted phone apps used by spies and others in the intelligence community. Old photos that were once an easy Google search away no longer pop up online.”

As a result, “The Art of Her Deal,” a well-reported book, can’t help but seem lopsided. Trump-world stalwarts such as Corey Lewandowski (“She has amazing political instincts”), Roger Stone (“There’s nothing dumb about her”), Chris Christie (“If she’s developed a trust for you, she is an extraordinarily warm person”) and Sean Spicer (“She lets the president know what she thinks”) are quoted fulsomely. The less obsequious comments mostly come from unnamed sources.

Jordan has drilled down, though, and brings new information about this unconventional first lady to the surface.

Jordan writes that Melania was renegotiating her prenuptial agreement during the 2016 campaign, and her husband’s “Access Hollywood” debacle almost surely gave her leverage. These negotiations, Jordan says, and not the need to remain in Manhattan for their son Barron’s schooling, were why Melania and Barron delayed moving to the White House.

There is news on the tensions between Melania and Ivanka Trump. Melania has been overheard referring to Ivanka as “The Princess,” Jordan writes. Ivanka, when younger, called Melania “The Portrait” because she spoke as often as one.

Jordan underlines how fiercely Melania embraces her Slovenian roots. She spends much of her time with Barron and her parents. Barron speaks Slovenian and, like his mother, is a dual citizen — he carries a Slovenian as well as a United States passport. “Trump has complained to others,” Jordan writes, “that he has no idea what they are saying.”

About Melania’s own visa and citizenship issues, and how she brought her parents and sister to the United States while her husband railed about “chain migration,” there is much we don’t know.

Credit…Jon Kamen

It irks Melania to be considered fragile, Jordan writes. She encouraged Trump to run for president; she was not merely a leaf sucked along by the wind. She’s been an influential adviser to him on certain issues, such as choosing Mike Pence as his running mate. She encouraged Trump to back down from the “zero tolerance” policy that had separated many children from their parents at the Mexican border.

She’s not always been a voice for moderation. She joined her husband in his “birther” attacks on Barack Obama. She has impugned the integrity of women who have accused her husband of sexual harassment and worse. Woe to anyone, the author suggests, who crosses her.

While she was growing up, Melania’s father was a trained mechanic who sometimes worked as a chauffeur. Her mother was a seamstress who clothed her daughter impeccably from the day she was born. Melania briefly studied in the prestigious architecture program at the University of Ljubljana before dropping out.

Jordan pays attention to the many interviews Melania gave as a model and afterward, and catches her in many exaggerations, including the fact that she speaks many languages. She appears to speak only two.

Jordan never quite finds a voice with which to tell this story. She doesn’t have a strong point of view, and shies away from acute analysis. “The Art of Her Deal” reads like a very long newspaper article rather than a tightly wound book. The author bends so far backward to be fair to her subject that, at times, you fear she may need chiropractic help.

Has Melania had plastic surgery? The author quotes one of her former New York roommates as saying she returned from a 1997 Christmas trip to Europe looking more buxom.

That same former roommate told the author that Melania, in those pre-Trump days, liked to watch “Friends,” ate seven fruits and vegetables a day, didn’t drink alcohol and walked with weights on her ankles to keep toned.

Jordan confirms that the first lady and her husband sleep in separate bedrooms. He likes darkly colored walls and rugs; she prefers light ones. They rarely seem to interact. He uses Irish Spring soap.

Jordan quotes Jay Goldberg, one of Trump’s lawyers during his playboy days, as saying that Trump often spoke romantically about business but never about women. What made him happy, Goldberg said, was chocolate: “Give him a Hershey bar and let him watch television.”

When someone once hazarded a joke about Trump’s penis size, the author writes, Melania replied, “Don’t say this — he’s a real man.”

Donald Trump appears to dwell in the White House, for the most part, like a sultan among his pillows. Melania is self-exiled with her parents and son. On many days, Jordan writes, her press office doesn’t answer questions about where she is.

Perhaps they’re happy. Or perhaps each has so much kompromat on the other that they live like Mr. and Mrs. Smith, the married assassins in the Brad Pitt and Angelina Jolie movie, each waiting for a chance to fire a kill shot.

Melania played a kind of satirical James Bond girl in a famous photo shoot for British GQ. I thought of her situation recently while watching the Bond film “Live and Let Die.” That’s the one in which Roger Moore, stranded in the middle of a pond filled with crocodiles, manages to get to the safety of shore by using their heads as steppingstones.

Source: https://www.nytimes.com/2020/06/14/books/review-art-of-her-deal-melania-trump-mary-jordan.html

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The Briefing: RVShare raises over $100M, Google disputes charges, and more

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Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know.

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RVShare raises over $100M for RV rentals

RVShare, an online marketplace for RV rentals, reportedly raised over $100 million in a financing led by private equity firms KKR and Tritium Partners.

Akron, Ohio-based RVShare has seen sharp growth in demand amid the pandemic, as more would-be travelers seek socially distanced options for hitting the road. Founded in 2013, the company matches RV owners with prospective renters, filtering by location, price and vehicle types.

Previously, RVShare had raised $50 million in known funding, per Crunchbase data, from Tritium Partners. The company is one of several players in the RV rental space, and competes alongside Outdoorsy, a peer-to-peer RV marketplace that has raised $75 million in venture funding.

Funding news

  • BrightFarms closes on $100M: Indoor farming company BrightFarms said it secured more than $100 million in debt and new equity capital to support expansion plans. The Series E round of funding was led by Cox Enterprises, which now owns a majority stake in the company, and includes a follow-on investment from growth equity firm Catalyst Investors.
  • Anyscale inks $40MAnyscale, the Berkeley-based company behind the Ray open source project for building applications, announced $40 million in an oversubscribed Series B funding round. Existing investor NEA led the round and was joined by Andreessen Horowitz, Intel Capital and Foundation Capital. The new funding brings Anyscale’s total funding to more than $60 million.
  • Klar deposits $15M: Mexican fintech Klar closed on $15 million in Series A funding, led by Prosus Ventures, with participation from new investor International Finance Corporation and existing investors Quona Capital, Mouro Capital and Acrew. The round brings total funding raised to approximately $72 million since the company was founded in 2019. The funds are intended to grow Klar’s engineering capabilities in both its Berlin and Mexico hubs.
  • O(1) Labs rakes in $10.9M: O(1) Labs, the team behind the cryptocurrency Mina, announced $10.9 million in a strategic investment round. Co-leading the round are Bixin Ventures and Three Arrows Capital with participation from SNZ, HashKey Capital, Signum Capital, NGC Ventures, Fenbushi Capital and IOSG Ventures.
  • Blustream bags $3M: After-sale customer engagement company Blustream said it raised $3 million in seed funding for product usage data and digital transformation efforts for physical goods companies via the Blustream Product Experience Platform. York IE led the round of funding for the Worcester, Massachusetts-based company with additional support from existing investors.Pillar secures another $1.5M: Pillar, a startup that helps families protect and care for their loved ones, raised $1.5 million in a seed extension to close at $7 million, The round was led by Kleiner Perkins.

Other news

  • Google rejects DOJ antitrust arguments: In the wake of a widely anticipated U.S. Justice Department antitrust suit against Google, the search giant disputed the charges in a statement, maintaining that: “People use Google because they choose to, not because they’re forced to, or because they can’t find alternatives.”
  • Facebook said to test Nextdoor rival: Facebook is reportedly testing a service similar to popular neighborhood-focused social Nextdoor. Called Neighborhoods, the feature reportedly suggests local neighborhood groups to join on Facebook.

Illustration: Dom Guzman

Venture investors and leaders in the fintech space can visualize a future where such startups will move toward again rebundling services.

Root Inc., the parent company of Root Insurance, launched its initial public offering and is looking at a valuation of as much as $6.34 billion.

Clover Health posted rising revenues and a narrower loss in its most recent financial results, published in advance of a planned public market debut.

Crunchbase News’ top picks of the news to stay current in the VC and startup world.

Source: https://news.crunchbase.com/news/briefing-10-21-20/

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Crunchbase

Syte Sees $30M Series C For Product Discovery

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Online shopping has become the norm for most people in 2020, even coaxing traditional retail brands to up their presence to stay competitive. However, now that shoppers can’t see and touch products like they used to, e-commerce discovery has become a crucial element for customer acquisition and retention.

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Enter Syte, an Israel-based company that touts creating the world’s first product discovery platform that utilizes the senses, such as visual, text and voice, and then leverages visual artificial intelligence and next-generation personalization to create individualized and memorable customer experiences, Syte co-founder and CEO Ofer Fryman told Crunchbase News.

To execute on this, the company raised $30 million in Series C funding and an additional $10 million in debt. Viola Ventures led the round and was joined by LG Technology Ventures, La Maison, MizMaa Ventures and Kreos Capital, as well as existing investors Magma, Naver Corporation, Commerce Ventures, Storm Ventures, Axess Ventures, Remagine Media Ventures and KDS Media Fund.

This brings the company’s total fundraising to $71 million since its inception in 2015. That includes a $21.5 million Series B, also led by Viola, in 2019, according to Crunchbase data.

Fryman intends for the new funding to be put to work on product enhancements and geographic expansion. Syte already has an established customer base in Europe, the Middle East and Africa, and will now focus expansion in the U.S. and Asia-Pacific.

Meanwhile, Syte has grown 22 percent quarter over quarter, as well as experienced a 38 percent expansion of its customer base since the beginning of 2020.

“Since we crossed $1 million annual recurring revenue, we have been tripling revenue while also becoming more efficient,” Fryman said. “We can accelerate growth as well as build an amazing technology and solution for a business that needs it right now. We plan to grow further, and even though our SaaS metrics are excellent right now, our goal is to improve them.”

Anshul Agarwal, managing director at LG Technology Ventures, said Syte was an attractive investment due in part to its unique technology.

“They have a deep-learning system and have created a new category, product discovery that will enable online shopping in a way we never had the ability to do before,” Agarwal said. “The product market fit was also unique. We believe in the strong execution by the team and the rapid growth in SaaS. We looked at many different companies, and the SaaS metrics that Syte showed are the strongest we’ve seen in a while.”

Illustration: Li-Anne Dias

Venture investors and leaders in the fintech space can visualize a future where such startups will move toward again rebundling services.

Root Inc., the parent company of Root Insurance, launched its initial public offering and is looking at a valuation of as much as $6.34 billion.

Clover Health posted rising revenues and a narrower loss in its most recent financial results, published in advance of a planned public market debut.

Crunchbase News’ top picks of the news to stay current in the VC and startup world.

Source: https://news.crunchbase.com/news/syte-sees-30m-series-c-for-product-discovery/

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GenTech Proudly Secures Deal with TruLife Distribution to Drive Growth in SINFIT Digital Sales

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Denver, CO, October 21, 2020 – OTC PR WIRE – GenTech Holdings, Inc. (OTC PINK: GTEH) (“GenTech” or the “Company”), an emerging leader in the high-end Premium Coffee (www.secretjavas.com), Hemp Wellness (www.hakunasupply.com) and Functional Foods (www.SINFITnutrition.com) marketplaces, along with its SINFIT Nutrition brand (“SINFIT”), is excited to announce that the Company has signed a new marketing, sales, and distribution agreement (the “Agreement”) with TruLife Distribution (“TruLife”) (TruLifeDist.com), a leader in marketing, distribution, compliance, e-commerce, and advisory services in the Functional Foods marketplace. The main focus of the new Agreement will be to accelerate the growth of e-commerce sales of SINFIT products, particularly over the Amazon.com platform.

TruLife provides direct access to sales on Amazon, Walmart, Rakuten, Wish, TopHatter, and other top e-commerce platforms, allowing clients to instantly list, ship, and sell products through any major platform, with an experienced team of experts and a proven track record of success in brand placement and digital sales strategies.

“We have already demonstrated a significant & expansive growth curve since taking control of the SINFIT brand in June,” commented Harold Vaca, VP Domestic Sales of SINFIT. “But the vast majority of that growth has been driven by large purchase orders from major distribution partners, both domestic and international. We are also committed to aggressively pursuing end-market consumer direct purchases through our e-commerce footprint, which will provide additional growth and diversify our cash flow ecosystem, making our overall strategy less dependent upon any one source of demand, while driving further growth in total sales.”

Management notes that e-commerce sales represent a sizeable portion of overall retail sales growth worldwide, with more than $3.5 trillion in online sales accounting for over 14% of total pre-pandemic global retail sales. Since the onset of the global health crisis, that ratio has shifted decisively further in favor of e-commerce sales, which is not likely to entirely revert back upon the advent of a viable and widely accessible vaccine.

Vaca added, “We have seen an epic process of market penetration for e-commerce platforms this year as major online retailers have begun to reach a much wider base of consumers – people who haven’t ever shopped much online, but have been forced to during recent months out of personal health concerns. Many of them will almost certainly continue to make use of e-commerce now that they have tried it out, at least to some extent, making e-commerce an essential sales channel for SINFIT products. TruLife has the network, team, experience, and resources to dramatically augment our e-commerce performance.”

SINFIT branded products registered over $2.2 million in global sales in 2019, and are now approved for sale and available for purchase on the Walmart.com and Amazon.com e-commerce platforms as well as in over 2,500 GNC locations in North America and over 10,000 global physical and e-commerce stores across more than 10 countries around the world.

SINFIT products as well-positioned relative to peers and to the long-term macro tailwind defining the functional foods market, which saw sales top $267 billion in February of this year on a global basis, with sales in the US reaching $63 billion, according to Euromonitor 2020. This trend is part of a larger supportive momentum in the general category, with global sales of organic food and drink topping $105 billion in 2018 (Ecovia 2019). U.S. organic food sales also reached $47.9 billion, up 5.9% in 2018 (OTA 2019). In 2019, 77% of U.S. adults used dietary supplements, an all-time high (CRN 2019). U.S. supplement sales are estimated to have reached $49.3 billion in 2019, up 6.2% (NBJ 2019).

About GenTech Holdings, Inc.:

GenTech Holdings, Inc. is a publicly traded company under the symbol GTEH. The Company launched a high-end Coffee Subscription service in early 2020 called Secret Javas, owns a Functional Food company, SINFIT Nutrition and recently closed its acquisition on Products-Groups’ “Hakuna Supply”.

Forward-Looking Statements
This press release may contain forward-looking statements, including information about management’s view of GenTech, Inc.’s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words “believes,” “expects,” “intends,” “plans,” “anticipates,” or “may,” and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of GenTech, its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on GenTech’s future results. The forward-looking statements included in this press release are made only as of the date hereof. GenTech cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, GenTech undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by GenTech.

Corporate Contact:
invest@gentech.group

www.gentechholdings.com

Source: https://otcprwire.com/gentech-proudly-secures-deal-with-trulife-distribution-to-drive-growth-in-sinfit-digital-sales/

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