Monkey Capital, a blockchain funding venture, recently acquired the Monkey.com domain name from a company that has owned it for over 20 years, for just $500,000. This blockchain has solely been operating from Monkey.Capital web address, and according to the venture firm’s managing partner Daniel Mark Harrison, the recent acquisition paves the way for the company to be the only one combining media, blockchain development and crypto. He said the domain purchase price was in fact not comparable to the immeasurable value it will bring to his firm.
Asked about what plans the blockchain funding firm has for the new website, Daniel Mark Harrison added that among the new products will be a 24-hour news broadcast of programs about digital assets. The new website will also feature the Blockchain Manifesto, which a book the managing partner has co-authored with Joshua Hawley, the company’s Chief Operations Officer.
The American firm selling the Monkey.com to Monkey Capital will receive cash installments totaling $400,000 and the rest as COEVAL, Monkey Capital’s cryptocurrency. This new investment is a great move for Monkey Capital, a firm that is already causing ripples in the marketplace with its ICO.
This firm’s ICO is not only detailed on its website but it also enjoys Platinum accreditation on Coinschedule from the thousands of applicants who seek such listing. This, according to Coinschedule’s co-founder Alex Michaelis stems from the fact that Monkey Capital operates in a transparent manner that makes it stand out from the rest. Such openness makes it clear to the crypto community, who runs the firm and what it has to offer.
Monkey Capital’s rapid growth is attributed to the strong team behind it, such as the firm’s managing partner Daniel Mark Harrison who is a businessman among many other titles. His list of achievements reads long. He is based in Asia.
He is an author of books like Butterflies: The Strange Metamorphosis of Fact & Fiction in Today’s World, and a popular contributor to publications like CoinSpeaker and Marx Rand. He is also a popular face on business news programs of renowned media houses like CNN and Bloomberg, and his work has been featured on Forbes among other leading publications.
Academically, Daniel Mark Harrison holds a BA, Theology from the University of Oxford, an MBA from BI Norwegian Business School and a New York University’s Master’s degree in Journalism.
Louis Chenevert’s career has been an interesting one, covering a broad spectrum of various manufacturers and positions, beginning with General Motors for 14 years. Formerly the president of Pratt and Whitney Canada, an aircraft engine manufacturer providing Chenevert’s first foray into the aviation industry. He attended HEC Montreal, graduating with a bachelor’s degree in production management, the perfect skill set for his upcoming career. He also received an honorary doctorate from HEC Montreal in 2011, being named Person of the Year by the Aviation Week & Space Technology the very same year.
However, he didn’t truly come into form until being elected Chairman and CEO of UTC in March 2006. The most interesting story is how Chenevert managed to keep UTC the market leader in the aerospace and building space industries without issuing pay cuts to workers or sidestepping environmental compliance laws during the economic recession, an astounding feat that seems near-incomprehensible. One particularly impressive aspect is how UTC maintained exemplary performance without requiring huge investments in the company’s workforce or technology. Chenevart also refused to outsource or engage in wholesale offshoring policies.
Chenevert even managed to relocate engineers in aerospace from lower-cost communities to UTC in Connecticut to make it possible to apply skills where necessary. Chenevert ensured that UTC wasn’t forced to layoff engineers the same way other companies did. An additional benefit was providing UTC with the resources to focus on its two major markets, aerospace and building in a manner that managed to leverage financial and functional synergies. These amazing feats have earned Louis Chenevert the moniker of “think tank.”
However, Chenevert’s most important contribution to UTC was possibly achieving a perfect balance between various businesses that cater to an extensive list of markets.
UTC has learned from this, revenues being bought in both new product creation and first class product delivery, always benefiting from the life cycle of their many products. Chenevert stepped down from the position in 2014.
The story of Louis Chenevert’s accomplishments can never be truly understood, just getting lucky as the right man for the job when he was needed the most.