Bulk SMS service provider

Gone are the days when organizations used to depend just on leaflets and boards and used to wander from spot to put for publicizing their most recent services and limited time offers. With bulk SMS showcasing, they can achieve their customers in only a couple of minutes. Neither one of them needs to spend in bulk sum, nor do they have to travel spots to snatch the consideration of their clients. With only a SMS, organizations can straightforwardly ping their clients as and when they need and illuminate them about their most recent dispatches, plans, and offers. The look of showcasing has changed a great deal over a timeframe and numerous advanced ways have come up to achieve the intended interest group. SMS advertising is one of them, which makes it exceptionally easy to make your clients mindful of the most recent news and happenings and that too at a littler spending plan.

Bulk SMS service guarantees speedy transformation of offers leads into a beneficial business. If you wish to be prevalent and need to build movement to your site, this is surely the best and the best strategy that gives fast results. While picking bulk SMS service provider for beginning your battles, it is imperative to purchase the right bulk SMS showcasing arrangement. It ought to satisfy your one of a kind needs and determinations, and produce the wanted results. Notwithstanding this, it ought to be simple and helpful to utilize and must have the capacity to fit in your current business operations. For this, you have to locate a solid administration supplier that can comprehend your particular prerequisites and offer you simply the right arrangement. As SMS advertising has turned out to be exceptionally famous lately, numerous organizations have come up in this field. There are a few organizations that can offer you viable arrangements; however the need is to locate the one that helps you in the whole process while keeping the expenses low.

Mobile SMS is picking up prevalence each passing day. There are colossal advancements that are being offered by telecom firms that urge the clients to use the SMS service. In spite of the individual use, new firms and corporate area is additionally profiting by this support of providing food their diverse reputation needs. SMS is a fabulous approach to pass on data about any new item to the clients or to illuminate the representatives about any crisis.

There are number of focal points of Short Message Service. Correspondence of data over SMS is more discrete and immediate when contrasted with telephonic discussion which makes it the best choice when passing on messages in a rapid way. Sending SMS is much too simple and sets aside less time than sending an email or making a phone call. The best thing about SMS is that the recipient is not required to be dynamic in the meantime when the message is sent. The message is sent at whatever point the client turns his/her phone on.

Utilize Specially Created Shopping Website To Buy Branded T-Shirts

T-shirts are the great outfits that offer better relief and more comfortable during hot summer. There are several companies offering stylish t-shirts and some other apparel for men. Some people do not possess adequate time to visit their nearest store and buy their favorite t-shirt, so they are searching for time-saving and flexible platform. The online shopping website is an appropriate choice for people who wish to buy highly attractive t-shirt. Choosing the best shopping website is not an easy, because some cheap websites also available online. In order to avoid the inappropriate website, you can check out the reviews and customer’s feedback about the shopping portal. These are the major considerations that help you to pick the exact and suitable one easily. The best and unique shopping portal offers t-shirts in several sizes, designs, styles and prices. From numerous, you can choose the right one as per your taste and necessity. When you buy t shirts online, you will surely gain a huge number of advantages. The online shopping websites are specially created to sell branded and superior quality t-shirts.

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Stylish And Quality T-Shirts

Plus, it helps people to purchase the latest collection without visiting any traditional store and waste more time. The online portal offers branded t-shirts that are designed using high quality clothing materials. The unique features of these t-shirts allow you to gain comfort and wonderful wearing experience. The online store offers you wide range facilities and exclusive offers. The useful facilities allow you to check the fit and comfort of your t-shirts or any other apparel before paying money. These kinds of added features cheer more individuals to buy t shirts online. The online shopping portal not only includes some useful conveniences, but also offers you highly secure and safe payment facilities. The superior features allow you to buy your favorite shirt in a simple and easy manner. While speaking about the transactions, these are entirely authentic and legally valid. The specialized facilities surely help you to buy different kinds of branded and highly comfortable t-shirts without any hassles.

Secure Payment Facilities

The online store also allows you to obtain the new variety of fashionable and stylish t-shirts without wasting huge amount of money. The online shopping portal not only save your precious time, but also appears as an ideal shopping platform for busy individuals. The online website has huge t-shirts collections at extremely affordable prices, compared to your physical stores. The unique shopping portal offers a wide range of superior opportunities for payments. It includes debit cards, credit cards and etc. The highly convenient facilities encourage people to buy tshirts online. While doing purchasing online t-shirts or any other outfits, you must be really specific regarding what size, color and brand you want. It is an essential process that allows you to finds of useful options and several varieties. The online shopping portal offers you with several options to choose neck-styles, brands, colors and price range. These are the outstanding facilities that help you to select an accurate and highly comfortable t-shirts without taking more time duration.

How online coupons can save you money

Coupons are the best deal that one can get while shopping online. In the modern age of shopping, online has become the obvious option and the coupons are the most interesting part of it. Online coupons are the codes that offer a range of discounts for the customers. The offers and the discount however depend on the dealers. You can save lots of money during shopping by using the coupons. If you do not know, how coupon can save your money, then you can know all you want here.

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The Coupon Saga

Use of coupons started long back for the retailers. The coupons were used to attract the customers and increase the sale. It has been a great way of customer satisfaction since then. The offline coupons since have changed to online coupons after the web era gripped the world. It has been the most successful way to please the customer to save money while shopping. However, it also enhances the sale for the online shops and increase the loyal visitors to their websites.

How coupons can save money

The online coupons come with specific codes. These codes are provided by the sellers to the customer. When a customer comes and enter the code, it gets redeemed. If there is a discount on the coupon, then gets the same amount deducted from the total purchase. However, the coupons can offer another range of benefits as well. There are online shopping coupons that offer free products and others. All the coupons somehow related to the benefits of the customers and you can always save some amount of money with it.

How to get online coupons

 There are many ways to get coupons. There are coupons like Flipkart coupons, offer discount on any certain amount of purchase. There are different and many ways to provide coupons to the customers. If you are a frequent visitor then the seller gives you a coupon after some amount of purchase. It may give you the coupon without any purchase as well. You may receive the coupon through newsletters or emails. However, messages are also sent to attract customers with coupon codes. However, you can also search a range of coupons online as well. This may be a job that is not so easy, but you can find many coupons online like Snapdeal Coupons.

How to redeem coupons

Redeeming coupons are very easy and does not need any assistance. If you have a coupon, then all you have to do is provide that while purchasing. You can always contact the customer care services for any difficulty in redeeming the coupons.

The coupons have become a game changer for the online shopping and with the rightful use of the coupons a customer can save lots of money while shopping.

 

Does KAPSYSTEM support short code SMS?

KAPSYSTEM Offers Short codes services for 2-way communication with your customers.

Usually Short Codes Have 2 options:

1) Shared Short Code Service or Dedicated Short Code: It means the short code is shared among the other business or  enterprises.The Working of shared short is based on a keyword. Keyword is your short name of your product / service or your company name.

Shared Short Code Features:

  • It’s Cheap and economical service
  • Quick Launch
  • Shared the code share the risk
  • Shared Volume

2) Dedicated Short Code ServiceDedicated   short code is used for exclusive branding and completed control of   creating multiple keywords. While it costs more money and time to launch a dedicated short code.

Dedicated Short Code Features:

  • Brand Friendly
  • Better User Experience
  • Portable and Scalable
  • Full control over your Short Code number i.e “52452”

KAPSYSTEM - Bulk SMS Service Provider Company in India(1)

Please specify your requirement whether you want a Shared short code or Dedicated short code. If you are looking for cheaper Bulk SMS short code service, i would like to suggest shared short code service.

For more details write a mail to info@kapsystem.com or call us +91-9738010000

For Free Trial Click on http://kapsystem.com/freedemo1.php

Featured, fashionable camera lenses at Gearbest online store

How would you feel when are able to take extremely high quality pictures just with the help of your smartphone? Great, awesome and that feel of a good photographer may again pop out of your heart.

Let me tell you some things which you will start to do when you purchase the product I show to you, click more pictures every day, show off your photography skills, increase the no of photos in your social profile and keep on repeating the things I mentioned above.

So without much delay here is the Cat Style Clamp Camera for you and your needs. Starting with design the cat style clamp camera has a cat clip design, while buying the product I doubted the quality but that was not the case and the quality of plastic is actually quite good. Major content of the package were the three lenses and a clip, a small pouch was too provided.

After giving a decent look at the designing part, I had a look at compatibility of the lens with different mobiles phones and what I found was it is tailor made for many of today’s smart phones, Iphone 6 and Samsung s5 had no compatibility problems, checkout some more iphone-lenses and see what suits you and your mobile the best.

Coming to telephoto lens the magnification is 10x and angle of view is 16 degrees, it shoots any picture extremely clearly that is within the range of 300 meters. When we talk about the wide angle lens the magnification is 0.67x and the benefit of this lens is that you can capture a larger area in a picture. Fishy lens captures the 180 degree area and thus capture fishy pictures reveal the beauty of hidden world.

It is one of the best hot growing products in the market these days and it has a bright future, especially with the quality of pictures it provides that too with great affordable prices.

Low Gas Prices Drive Americans to Travel Record Miles

Holiday Travel Forecast
U.S. drivers took advantage of low gasoline prices because of a drop in oil prices, traveling a record number of miles in the first five months of the year, according to government data.

Travel on streets and roads rose in May by 2.7 percent from a year ago to 275.1 billion vehicle miles, according to the Federal Highway Administration. The mileage is the most recorded in a single month since 1990, when the agency started tracking the data.

The seasonally adjusted vehicle miles traveled for May 2015 rose 3.4 percent to 262.1 billion miles. It represents a 0.2 percent rise from April. The greatest increase in driving was seen in the South-Atlantic states.

The dual combination of cheaper gas prices and a stronger economy are motivating millions of Americans to drive more.

“The dual combination of cheaper gas prices and a stronger economy are motivating millions of Americans to drive more,” said Michael Green at AAA, the motorist advocacy organization. “We’ve seen demand up for every month of the year, but it seems like it’s spiked even more as we’ve entered the summer months and people are taking vacations.”

The miles-traveled data is an important indicator of Americans’ driving behavior for oil traders, who track gasoline demand closely.

Gasoline demand in May averaged 9.1 million barrels a day, according to data from the Energy Information Administration.

U.S. gasoline prices during the month were about $2.77 a gallon, the lowest price for the month in at least four years.

U.S. gasoline prices were $2.75 a gallon Thursday, down from $3.57 a year earlier. Americans are likely to pay the lowest annual average gasoline price in 2015 in at least five years, AAA’s Green said.

7 Dangerous Credit Card Mistakes You’re Making

Using a credit card.
Consumer credit makes buying the stuff we want and need easy and convenient. Credit can also bail us out of a jam, especially if our emergency funds aren’t quite up to the task. Unfortunately, that convenience comes at a price. Aside from uncontrolled, in-the-moment spending, credit card use opens us to a variety of dangerous financial mistakes, some with long-term effects.

You probably already understand the dangers of running up those credit card balances, but here are few more dangerous mistakes you may be making, plus some tips on how to avoid them.

1. You only pay the minimum due. Banks use several formulas to calculate the minimum amount due each month. Most start with a percent or two of the outstanding balance and then add in any fees for late payments, exceeding the credit limit and monthly interest charges. However it’s calculated, simply paying the minimum will result in lots and lots of interest payments over time.

You can find out how your credit card issuer calculates the minimum payment by visiting your issuer’s website. Your bank’s site may also include a calculator that shows you how long you’ll owe — and how much interest you’ll pay — if you merely pay the minimum. If not, try this credit card debt calculator.

2. You pay late. According to FICO, which generates credit scores, payment history is the largest component of a credit score — 35 percent of the score, in fact. This makes sense because lenders want to know how promptly borrowers have paid in the past, and nobody likes getting paid late. Late payments mean a lower credit score.

There’s a second danger here as well. Late payments will result in late payment fees from your bank, which not only cost you a bit more (or a lot more, depending on your agreement), but may also boost your monthly minimum (again, depending on your agreement).

3. Your utilization ratio is too high. After payment history, FICO looks at “amount owed,” which makes up 30 percent of a credit score. The key calculation here is the borrower’s credit utilization ratio, which is how much available credit you use. For example, if you have a card with a $5,000 credit limit and a $2,500 balance, your utilization ratio is 50 percent. In generating the score, FICO analyzes each account and the total of all your accounts.

A high utilization ratio can harm your credit score, which impacts your ability to secure loans on favorable terms. It also means you have less credit available for emergencies. High utilization ratios may also indicate some deeper financial difficulties. If yours is creeping up, it may be time to do some serious budgeting.

There is no hard-and-fast rule, but many personal finance experts advise consumers to keep their utilization ratio below 30 percent.

4. You don’t read your statement. With more banks pushing us toward paperless billing and automatic bill pay services, it’s getting easier to skip looking over the monthly statement. The first danger here is that you may overlook erroneous charges and pay for products and services you haven’t actually bought. You may even miss that you have been a victim of identity theft or other forms of credit fraud.

A more subtle danger associated with ignoring the monthly credit card statement is personal finance complacency. When we don’t review and monitor our spending, we stop being in command of our finances, making it that much more difficult to reach our personal finance goals, whatever they may be.

Set aside a few moments every month to review your statements, whether paper or digital, and make it part of a monthly budget review routine.

5. You haven’t read the fine print. Do you know how your credit card issuer calculates and applies interest? Do you know what the fees are for late fees or credit limit overages? What about fees for cash advances?

Your bank is required by law to make all of that information available to you (and more), in an easy to read and understand format called the “Schumer box,” after Senator Charles Schumer of New York, who championed the law.

Before you apply and sign up for any credit account, make sure you understand the key terms spelled out in the Schumer box.

6. You apply for too many accounts at once. Every time you apply for a credit card you trigger a credit score inquiry. A couple inquiries won’t impact your credit score, but several inquiries in a short period of time will affect your score, although the effect is minor. Experian, one of the big three credit bureaus, notes that while minor score adjustments don’t harm those with good or excellent credit, consumers with weaker scores are at greater risk. Even a modest reduction in score, combined with other risk factors, can make it harder to secure additional credit.

There is an exception: Multiple inquiries made while rate shopping home and auto loans within a 30-day period are treated as a single inquiry.

7. You take cash advances. If you look at the line item for cash advances on your Schumer box, you may be stunned by the interest rate your bank charges. A May CreditCards.com survey found that the average for cash advances is 23.53 percent — or 8.54 percent higher than the average rate for purchases. Some banks even charge as much as 36 percent for cash advances! But the dangers of cash advances mount. Unlike charges for purchases, most banks begin applying interest the moment the advance is taken — and this is on top of the 5 percent fee most charge to execute the advance.

Needless to say, consumers are wise to avoid cash advances, lest they find themselves caught on a never-ending debt treadmill.

Want that bonus? Ditch the Hawaiian shirt

 

Businessman wearing Hawaiian shirt with feet on desk

Casual Friday is supposed to be fun and relaxed in the white-collared world. But on Wall Street, there are unwritten rules that must be followed or else…

It’s not like wearing a pair of jean shorts could cost you a $500,000 bonus — well, actually, maybe it could. Casual Friday is not your friend. What you choose to wear on this day can’t make you, but it can BREAK you.

In 1996, when I was at Morgan Stanley, they sent around a company-wide email announcing Casual Friday. My first thought was great! My second was, what am I going to wear??? The email didn’t go into detail. “Business casual” was the term used.

That morning, I put on my khakis, blue button-down shirt and nice loafers, hopped in a cab and went to the office. I played it safe — right down the middle. We would later call this, “The Wall Street Jumpsuit.”

That’s one of the most basic rules: Keep it simple. Don’t draw attention to yourself. You can mix and match and move things around, but leave the crazy individual fashion statements for the club.

As I made my way to the desk, everyone looked different. It was like when you’re in fourth grade and you’d see your elementary teacher at the grocery store. You realize, hey, they’re actually a real person! It was like a peek behind the curtain to their personality.

And scrutiny was at an all-time high.

I flipped on my computer and started getting ready for the day. That’s when I saw a Hawaiian shirt strolling by. I did a double-take and immediately exchanged a look with my desk-mate Lauren. We both giggled. To some, a Hawaiian shirt might symbolize a fun loving and carefree guy.

But just because you can do it doesn’t mean you should. Don’t get me wrong, I built an entire career on being different — but it has limits.

A few weeks later, a female co-worker was wearing something that looked like it could be balled up on Kim Kardashian’s bedroom floor. It was white and basically see-through. She looked great — maybe too great. Although this was long before Twitter existed, her white shirt was trending throughout the entire company. Employees from different departments were getting emails and then finding excuses to stop by the 37th floor to catch a look.

Beyond the murmuring, sideways glances and damage to your reputation, a Casual Friday faux pas could get you slapped with an unwanted nickname forever (not just during your time at the company). You’re branded for life. And you can’t recover from this.

So, with the help of some of my friends, here’s a list of some of the more infamous nicknames on Wall Street that came straight from Casual Friday:

“Black Jeans.” I’m not sure if it was solely because of the color of his jeans. It might have also had something to do with the tightness of them. But this gentleman was called Black Jeans for years. In private, of course. You don’t want to be rude.

“Coldplay.” The dude wore the shirt once. But it was more of his reaction that created the nickname that would stick for the rest of his time at the company. He adamantly defended himself by saying he didn’t like the band, but he liked the colors of the shirt. The lesson here is: Don’t defend your mistakes.

“Da Plane!” A woman in Chicago chose to wear a shirt that was fully revealing in the back. All of her peers got to see the monster ink she was representing. Her entire back was tatt’d up. So, taking from the show, “Fantasy Island,” they decided the best nickname for her was Tattoo’s catch phrase, “Da Plane! Da Plane!”

SFP (a.k.a, “Sorry For Partying”). Thursday nights were epic for this guy and he would always apologize for it the next day. “I’m sorry for partying,” he would spout the next morning. And he was really sorry the day he accidentally came to work wearing two different kinds of shoes. This is not considered casual; it’s considered still drunk.

JBF (“Just Been F….”). Her hair screamed, “I just had sex!” Apparently her boyfriend’s apartment was right near the office and that’s where she slept on Thursday nights. You can get a pass for smelling like Taco Bell and Patron, but at least put a comb through your hair.

I’m not kidding when I say these things will stick with you FOR LIFE. If I bumped into Black Jeans on the street today, I’d still call him Black Jeans.

Buttons. Yes, those seemingly benign things on your shirt — they, too, can break you. How many buttons unbuttoned is acceptable? The answer is: Two. (Personally, I’m more of a three-button guy.) Four? BUZZER! Unacceptable. Nobody wants to see your impressive amount of chest hair and the office isn’t cocktail hour in the Hamptons. So, unbutton at your own risk.

This is not to diss all casual attire, but rather to say that there is a time and place for your Nantucket Reds, your club logo’d golf shirt, the tight-fitting ensemble and boat shoes without socks. Just not on Wall Street. Not on Casual Friday.

So, the next time a Wall Streeter with a black card steps to the register holding a new wardrobe, they shouldn’t be asking themselves: How much will this cost? They should be wondering: What could this potentially cost me if I wear it at the office?

If you don’t work on Wall Street, aloha! Enjoy that Hawaiian shirt.

 

A streak of ‘Tiger’ hedge funds have shut, but it’s no trend

Julian Robertson

Julian Robertson and his Tiger Management are famous for producing a slew of highly successful hedge fund managers. More recently though, the famed investment family has been in the news for firms shutting down, including Cascabel Management earlier this week and at least six others over the last three years.

While that number may appear high, a closer examination of the varied reasons for each fund shutting down—including Tiger Consumer Management for personal reasons, TigerShark Management for performance and Tiger Asia Management for legal issues—and broader context of other successful seeds suggest that the Tiger bloodline remains strong despite some stumbles.

“Yes, a few people have left the business, but it’s no trend. People have been predicting the downfall of Tiger for years. That’s a bad bet to make,” said Bill Richards, a former senior hedge fund relationship manager at UBS who has worked with Robertson and the Tiger family of funds since 1983.

Now a billionaire, Robertson ran Tiger as a hedge fund firm from 1980 to 2000. It peaked at $22 billion in assets and averaged net returns of about 25 percent a year.

An elite group of investment professionals who worked underRobertson went on to found their own multibillion-dollar firms. Prominent so-called Tiger Cubs include some of the industry’s biggest names, such as Andreas Halvorsen’s Viking Global Investors, Chase Coleman’s Tiger Global Management, Stephen Mandel’s Lone Pine Capital, Lee Ainslie’s Maverick Capital and Philippe Laffont’s Coatue Management.

Since returning outside capital in 2000, Robertson focused on providing start-up capital to promising young money managers.

Tiger has seeded about 50 firms overall; of the 27 that it remains invested in, many still work out of Tiger’s headquarters at 101 Park Ave. in New York and have combined assets of $31 billion, according to a person familiar with the situation. “Tiger seeds” that now manage $1 billion or more include Tiger Global (Coleman was also seeded after he left), Nehal Chopra’s Ratan Capital and Ben Gambill’s Tiger Eye Capital.

Tired of the game

Several recent shutdowns have been more due to individual fatigue than poor performance.

“Managing a fundamentally driven, long/short equity hedge fund is rewarding but demanding work. I have decided after nearly 15 years of doing so, at this stage of my life, I would like to spend more time with my family,” Tiger Cub Patrick McCormack told investors in his Tiger Consumer in a March letter. The firm managed $1.2 billion at year-end 2014, according to a public filing.

Another Tiger Cub, Joho Capital founder Robert Karr, also cited personal reasons for quitting last year.

“Over the past 17 years, my energy and focus centered around three priorities: my family, our foundation and Joho,” Karr wrote in an January 2014 letter to investors obtained by industry news providerAlpha. “Joho, as might be expected given the nature of the industry, has often received the greatest share of that energy.” Joho managed $7.4 billion as of Dec. 31, 2013, according to a filing.

John Thaler also shut his JAT Capital after eight years in May, saying, “It is the right moment to take a break, spend time with my young family and determine which path to pursue next,” according to a letter sent to investors of the then $1.7 billion firm. Thaler might be considered a Tiger “Grand Cub”; his former boss was Chris Shumway, a Tiger Cub who transitioned his own Shumway Capital into a family office in 2011.

“There’s a huge level of commitment and personal sacrifice managers make to excel,” David Saunders, CEO of hedge fund allocator K2 Advisors, said of what he called a mounting trend of shutdowns. “Once they’ve hit the right dollar number in their head it’s no surprise to see some of them want to reprioritize their life.” Saunders is a longtime investor in Tiger-related funds and a friend of Robertson’s.

Some losses

To be sure, some funds appear to have closed because of poor performance.

Axial, the once-$1.8 billion firm seeded Robertson, said it was shutting down in late 2013 after several years of losses fueled by short bets against stocks.

TigerShark, a small hedge fund manager led by Tiger Cubs Tom Facciola and Michael Sears, also said it would shut in March, according to Bloomberg. The firm, also a Tiger seed, was reportedly hurt by bets against stocks. TigerShark managed $154.6 million as of Dec. 31, 2014, according to a filing.

One of the hallmarks of Tiger training was to bet both for and against companies, expressed by going long or short their stocks. While most Tiger family funds usually have more long investments on than short, betting against companies in the post-2008 bull market has generally been a losing strategy.

The reasons for Cascabel, the latest Tiger seed to shut, were not clear. But the fund lost 9.4 percent since June 2011, according to performance information obtained by CNBC.com. That compares to a gain of 68.5 percent for the S&P 500 Total Return index. The firm, founded by Laurence Chang and Tiger Cub Scott Sinclair, managed just $76.9 million as of April 30, according to the same document.

Hedge fund investors showed some sympathy for managers losing on shorts.

“After six years of a partially artificially driven roaring bull market in both equities and bonds, where correlations have been high and dispersion low, the shutdown of these Tiger Cubs reminds me of the shutdown of Julian Robertson’s Tiger hedge fund in 2000—marking perhaps the end of that cycle and the beginning of a cycle where investors will have wished they were hedged,” Mike Hennessy, co-founder of hedge fund allocator Morgan Creek Capital Management, said in an email.

Robertson’s fund was highly successful overall but stumbled on a bad yen bet and then on value stocks just before the technology bubble-fueled market crashed in the spring of 2000. When Tiger returned outside capital then, it managed just $6.5 billion.

 

Manager and Tiger Cub Bill Hwang settled insider trading charges with the Securities and Exchange Commission and paid a fine in December 2012, among other penalties. The fund had averaged about 16 percent returns each year from 2001 to 2012, according to a person familiar with the returns. It is now a private family office, renamed Archegos Capital Management.

Other strong Tiger seeds recently, according to performance obtained by CNBC.com include Hound Partners (up 16 percent in 2013 and 10 percent in 2014); Tiger Eye (38 percent and 4 percent); Tiger Legatus (22 percent and 5.5 percent); and Tiger Pacific (15 percent and 24 percent).

Current Tiger seeds to manage $1 billion or more, a traditional benchmark of power for hedge funds are: Tiger Global, Tiger Ratan, Bloom Tree Partners, Hound Partners, Miura Global Management, Nezu Asia Capital Management, Tiger Eye and Trient Asset Management, according to a person familiar with the situation. Overall, Tiger has sponsored the creation of 17 firms with assets that grew to surpass $1 billion.

That compares to average peak hedge fund assets of $896 million and median assets of $132 million, according to data tracker HFR as of the first quarter. The average life of a hedge fund is seven years.

A seed traditionally comes with a stake in the business and a share of fee revenue from other clients. Managers have then bought out Tiger’s stake after significant growth.

A spokesman for Tiger Management declined to comment. Other firms mentioned in this report would also not comment or did not respond to requests.

Despite some fund stumbles, observers like Richards—who now runs hedge fund advisory firm WBR Advisors—remain impressed with the Tiger dynasty overall.

“Julian’s record of mentoring and picking talent,” he said, “is virtually unparalleled in hedge funds.”

Cramer: We’re ready for a Greek default

With the situation in Greece growing more tense, CNBC’s Jim Cramersaid Friday the outcome may not be as bad as originally feared.

“A lot of people are waking up to the scenario that there could be a failure. If that’s the case, there’ll be hedges all around and it won’t be as shocking,” Cramer said on “Squawk on the Street.”

Earlier Friday, the European Central Bank raised the cap on its emergency liquidity assistance for Greek banks by about $3.7 billion.

“All I’m saying is that people are a lot more prepared for a default than they were five days ago,” Cramer said.

On the other hand, Charles Dallara, who led earlier negotiations between Greece and its creditors as the managing director of the Institute for International Finance, said some people are being too sanguine about the situation.

The Greece Athex composite was up about 2 percent on the day, while U.S. equities traded mostly lower at the session open.