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David Bergstein
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David Bergstein is a financier who specializes in locating, securing financing for, and restructuring companies which are undervalued, distressed, and have complicating or litigious factors in their history. He is known for his talent in accurately predicting trends and recognizing opportunities to restore and reposition businesses. With experience in numerous fields including: Internet, medical, distribution, biomedical, film and many more, Bergstein is a leading expert in the field of financing.
Bergstein is also an investment banker and entrepreneur, having purchased and grown several companies such as De Lane Lea, a formerly insolvent London post-production facility which he turned into a thriving and profitable enterprise in less than five years, eventually selling it to Warner Bros.

Born August 9, 1962 in New York City, Bergstein grew up with an incredibly influential father, a Holocaust survivor who overcame great adversity in his life. His father became a renowned engineer, patenting inventions such as the Zoom lens and pioneering research which formed the basis for the fiber optics industry.

After graduating high school early, Bergstein attended the Polytechnic Institute of New York University (now NYU) where his father was a professor of engineering. During his time at Polytechnic, Bergstein earned a B.S. in pre-med with a math minor, and then attended law school at Cardozo University. While in law school he worked at Solomon Brothers under Joseph Stechler, and later as a research analyst at Bear Sterns, spending the majority of his time locating, analyzing and reporting on undervalued situations.

In 1984, Bergstein moved to California where he began buying and selling real estate, eventually progressing into real estate development. He enjoyed remarkable economic success during this period, and further developed his exceptional ability to identify assets with latent potential for growth. Around the time of the housing market collapse, Bergstein switched gears and began applying his transactional skill set to the business world. Bergstein then acquired a company in the Garment District in Downtown Los Angeles. He revitalized the company back to profitability and sold it within a year, marking the beginning of his success as a financier.

In 1994 Bergstein formed Graybox, which later became Cyrano Group Inc. Gyrano Group frequently invests the majority of capital required for its transactions, and is capable of acting as both an effective broker and in a consulting capacity, providing specific services which may be unrelated to capital investment. As company CEO for the past 20 years, Bergstein has handled a wide array of transactions, spanning many fields and ranging in size from $5 to $1.5 billion.

Bergstein founded the Leonard and Sarah Bergstein Learning Center at the Conejo Jewish Academy, in honor of his parents. He serves on the Board of Directors for the Sherriff’s Youth Foundation of Los Angeles County, an organization dedicated to offering homeless and disadvantaged youth safe facilities and resources. Bergstein also serves on the board at the Grossman Burn Foundation, a nonprofit organization dedicated to promoting effective solutions for comprehensive treatment, care, financial aid and support of burn survivors and their families.

Bergstein is a featured contributor for The Huffington Post, The Times of Israel and The Algemeiner online newspaper.

Entries by David Bergstein

Understanding Bitcoin

(0) Comments | Posted June 5, 2014 | 12:24 PM

Through recent conversations with various friends and colleagues, it has become apparent that Bitcoin is somewhat of a mystery to the majority of the population. The common query, even among seasoned investors, is inevitably, "What is Bitcoin?"

The term Bitcoin can be a bit confusing. In the US, for...

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Reducing the Defense Budget Would be a Mistake

(3) Comments | Posted March 3, 2014 | 9:26 AM

The Pentagon's proposed defense budget cuts, which include plans to reduce the Army to pre-World War II levels, have been widely covered throughout the media. As often is the case with such announcements, there is no shortage of varying opinions being bandied about. But beyond all the rhetoric, the fact...

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Philip Seymour Hoffman and Defining Greatness Among Actors

(1) Comments | Posted February 24, 2014 | 11:54 AM

In the weeks following his death, much has been said of Philip Seymour Hoffman's legacy as one of the truly exceptional actors of a generation. He leaves behind a body of work that is essentially undisputed by critics and peers as among the rarest of greatness. But just how rare...

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Is the Market Oversold?

(0) Comments | Posted February 13, 2014 | 5:25 PM

The NASDAQ, DOW Jones and S&P 500 are all experiencing record highs. But does this mean that the market is oversold and we should expect declines? Not necessarily.

Without speaking to the point of how our economy and businesses in general are going to perform moving forward, the fact...

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What Determines a Healthy Economy?

(11) Comments | Posted January 31, 2014 | 10:34 AM

There are countless ways to explain and decipher the inner-workings of the US and world economies. But little is actually discussed about the underpinnings of what truly defines a healthy economy. It's not complicated.

A human body, be it alive, unhealthy or dead, has the same volume of blood. The...

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Why Power Corrupts

(2) Comments | Posted January 16, 2014 | 12:37 PM

Recent accusations against Chris Christie and members of his staff have many pondering an age-old question: Why does power corrupt? Last July, Eliot Spitzer appeared on "The Tonight Show" and was bluntly asked about his fall from grace by Jay Leno. "How can you be this stupid?" Leno inquired. Spitzer...

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When it Comes to Hollywood, Familiarity Breeds Comfort

(3) Comments | Posted January 7, 2014 | 1:44 PM

2013 was a fairly successful year for Hollywood. The New York Times noted that the top five highest grossing films of the year -- Iron Man 3, Despicable Me 2, Fast & Furious 6, The Hunger Games: Catching Fire, and Monsters University -- had something in common: They...

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The Judicial-Industrial Complex

(2) Comments | Posted December 26, 2013 | 5:14 PM

Companies, organizations and businesses are all similar to people. They are entities shaped by many factors, some not easily detected. There are countless afflictions which can potentially harm the average person, many without a discernible source or cure. Stress, however, is a common denominator among any number of afflictions, often...

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Israel and the Disparity Between Academia and Commerce

(5) Comments | Posted December 20, 2013 | 10:11 AM

Members of the American Studies Association announced Monday that they had voted by a margin of 2:1 in favor of boycotting Israeli academic institutions to protest Israel's treatment of Palestinians. According to the ASA's website, their rationale for said boycott stems from, "Israel's violations of international law and U.N. resolutions."

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