Michael Levy, VP of Media Street has been asked to be on “Fox & Friends” this Tuesday to discuss the important issues of how small business can fund their growth without the help of a bank.
Michael will be a guest on Fox & Friends, along with Richard Eitelberg of Hartsko Financial to share their insights and experiences on this critical and timely issue.
While Media Street counts on Hartsko Financial for “Purchase Order” financing, the company still has tough “financial woes” ahead in attempts to reach their growth potential by affording expenses such as hiring the proper caliper of people, inventory, product development, advertising and professional public relations to name just a few.
With its new social media sharing platform called LifeGoRound, hailed by the COO of Facebook as a clever and cool way to enjoy your Facebook photos, Media Street is experiencing dramatic growth and is looking for financial backing beyond the “Purchase Orders” . However, without the Purchase Order financing in place, Media Street would have been forced to shut down prior to “Holiday Season 2009″ by turning away all of its orders.
Michael Levy, whose firm makes digital frames, said that after the financial crisis, his traditional bank refused to finance a big order he received.
When the Banks Don’t Lend
With banks timid about lending, small businesses, such as Media Street, have turned to unconventional lenders like Hartsko Financial Services, which provides high interest short-term loans to small and midsize companies. Coverage begins on the front page of todays Business Section, Sunday, January 31st, 2010.
There is also a Video of the segment: http://video.nytimes.com/video/2010/01/31/business/smallbusiness/1247466791093/when-the-banks-dont-lend.html
There is also a New York Times Blog of the “Print” Article http://www.nytimes.com/2010/01/31/business/smallbusiness/31order.html
Picture This: One Frame to View All Your Photos
Thursday, January 28th, 2010, Business Section page B10
Norm Levy has created new social and photo sharing platform called “LifeGoRound” that serves as a stand-alone content portal as well as feeds the content to its eMotion Social Connect digital frame, and to any other “WiFi” connected frame and device…
Please read the entire story in Thursdays’ (January 28th, 2010, page B10) Personal Tech Section of the print version of The New York Times, or view the article on The New York Times web site here: http://www.nytimes.com/2010/01/28/technology/personaltech/28frame.html
Digital Photo Frames Join the Social Scene
By RIK FAIRLIE
Rik Fairlie's "LifeGoRound" Screen Shot
Media Street has created a platform called LifeGoRound that serves as a content portal for its eMotion Social Connect digital frame, an 8-inch Wi-Fi-enabled display priced at $149. The LifeGoRound platform enables you to view photos stored at sharing sites like Facebook, Flickr, Picasa, Photobucket, and Walmart.
….I have been using the eMotion frame on my desk, and it’s almost like having a second display for monitoring Facebook, Twitter, and RSS feeds. Media Street has a few kinks to work out, but the LifeGoRound platform and eMotion frame are a fun way to go social and share photos.
Please read the full story here: