Silicon Valley’s Investment Star Shervin Pishevar Is Tweeting And It’s Not Good News

When Shervin Pishevar was a Menlo Ventures partner he decided to gamble on a new startup called, Uber. Pishevar invested more than $25 million in Uber back when no one thought people would like the concept. Today, Shervin Pishevar’s original investment in Uber is worth more than $5 billion. That’s the kind of success that makes ordinary investors turn into Marvel-type super investment heroes.

Shervin Pishevar left Menlo Ventures to start Investment company in 2013. By that time, he had more notches on his investment belt. Tumblr was one of those notches. Google just bought Tumblr for an insane amount of money. Warby Parker and Postmates were two other Shervin Pishevar picks, and those winners put him in the “Investors Hall of Fame. Even though Pishevar left Investment company at the end of 2017, he is still a rock star in Silicon Valley. But that status didn’t stop him from saying Silicon Valley is losing its touch. Mr. Pishevar’s 21-hour tweet storm threw Silicon valley under the startup bus. Shervin believes “the valley” isn’t as sharp as it was a few years ago. Pishevar thinks other countries are going to make Silicon Valley look like Death Valley in the investment world.

Another Shervin Pishevar tweet about cheap money being dead hit a nerve with some of his followers. They see interest rates climbing, and they see inflation working its way through the U.S. economy. And now that Trump’s tariffs are in full force, consumers will have less money to save or invest. Shervin didn’t give stock investors much hope either. His tweet about the market losing more than 6,000-points in the foreseeable future has investors thinking twice.

The Shervin Pishevar tweet storm gave investors a lot to think about. Pishevar thinks all assets are full of hot air, and the hot air is about to explode leaving a mass of tattered investors in its wake. Some investors think his tweet about Apple, Microsoft, Alphabet, and Amazon made sense. Shervin thinks those companies are too big. The government should step in and break up those companies, according to a Pishevar tweet.

https://www.wingsjournal.com/shervin-pishevar-hyperloop-one

October 8, 2018

Posted In: Business, Businessman, CEO, Entrepreneur, Investment

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Sahm Adrangi, The Gifted Financial Advisor at Kerrisdale Capital Management LLC

Mr. Sahm Adrangi has earned himself a place in the investment and financial industry for his remarkable contribution. In 2009, he founded Kerrisdale Capital Management LLC, a company that centers on unique event-driven situations and long-standing value investments. Since its foundation, Mr. Adrangi has served the company as the Founder and Chief Investment Officer (CIO). Based on his role in the company, he has been active in all aspects of its management and development over the years.

Mr. Adrangi is not a novice in financial management. He has a precious and valuable experience stemming from his previous positions in the investment and financial industry. He has served as the investment analyst at Investment Analyst at Longacre Fund Management, LLC. He has also worked at Chanin Capital Partners in the Bankruptcy Restructuring group. At Chanin Capital, he advised creditors in and out of court alongside Chapter 11 bankruptcy rearrangements. Deutsche Bank, he helped reorganize the bank debt and high yield bonds, buyout and exit financing and debt refinancing. Sahm Adrangi is a holder of a Bachelor of Arts in Economics from Yale University.

Sahm Adrangi is a transformational leader. He has developed Kerrisdale Capital into a reputable research-oriented company that manages over $300 million. The firm is a leading proponent of soft activism investing approach. It focuses on creating investment impetus by sharing informed investment insights with the broader investment community. Kerrisdale Capital Management shares information through its website and other third-party websites.

In a recent research-based article, Sahm Adrangi advised that St. Joe’s Land Holdings are over-hyped and not worth the stated valuation. He further disclosed that its largest shareholder, Fairholme Fund was subject to SEC liquidity rules that will oblige it to reduce its stake, effectively increasing the risk of selling an overestimated optimism. The Bay-Walton Sector Plan remained stalled, and the recurrent revenue from commercial development proved immaterial.

Kerrisdale capital also conducted an objective analysis of suspicious traffic to QuinStreet’s network of proprietary and affiliated websites. Sahm Adrangi disclosed that QuinStreet is a low-quality firm with a misinformed business model. Its growth came from a single client, which was a fact that the market had overlooked.

https://www.businessinsider.com/meet-hedge-funder-sahm-adrangi-2013-10

October 3, 2018

Posted In: Business, Businessman, CEO, Entrepreneur, Market Leader

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Malcolm CasSell and the Future of Cryptocurrency

Experts everywhere proclaim blockchains to be the technology of the future. Its ability to operate in decentralized markets has unending possibilities. From the digitalization of stocks and equity, to the complete virtualization of the banking industry. There are no heights cryptocurrency can go. But it is the gaming industry that Malcolm CasSelle believes will be the catalyst that starts everything.

CasSelle is the current CIO of OPSkins, the top bitcoin merchant globally, and a worldwide top seller of in-game assets. CasSelle has been a major player in the digital industry for decades, and was an early stage investor in Bitcoin as well as Facebook. He has been watching cryptocurrency since its formation, and is the chief reason why OPSkins is currently a giant in the industry.

A graduate of MIT with a bachelor in computer science, and an alumni of Stanford with a master’s in the same subject, CasSelle started his career in 1995 with the founding of his first business NetNoir. Now he is founding a new company WAX, Worldwide Asset eXchange, a P2P network utilizing blockchain technology to create a new phenomenon in the world of gaming. Cross game trading and sales.

WAX allows players to trade virtual assets and currency between the various games connected to the network. This allows for a return of investment for gamers, who can sell their digital wares for real currency. The trading is confined to WAX’s network, and uses blockchains to free transactions from fragmentation and fraud. This is a huge development considering gamers have been using digital assets longer than most cryptocurrency investors. If major gaming industries become involved it could change the way games and assets are bought and sold.

Blockchains create streams of data that contain time stamps, date of purchase, and other specific information. They are used to create smart lists that keep tabs on fraudulent transactions. By using this list it protects gamers from fraud as it creates lists, or guilds of dependable sources to deal with. It also compartmentalizes everything together so that business are not fragmented between various services. Allowing transactions to move faster.

 

July 19, 2018

Posted In: CEO

Louis Chenevert Is The Real Reason For United Technology Corporation’s Success

Louis Chenevert is an entrepreneur and business leader who has achieved plenty in his lifetime. He started from humble beginnings and had to work his way up to where he eventually made it. He was born in Montréal, Québec where he became interested in business at an early age. he learned, early on, that hard work and determination were what helped people to succeed in their life. He decided to go to college and majored in Production Management at the University of Montréal. After this, he was quickly hired on by General Motors at St. Therese, Quebec where he was tasked with managing its assembly line.

 

After working for General Motors for 14 years, Louis Chenevert could feel it was time for a change. He decided to move forward and work in the aerospace industry where he teamed up with Pratt & Whitney, which is a company that is part of the larger United Technologies Corporation. In 1999, Chenevert became President of Pratt & Whitney and began to reconstruct the company from the top to bottom. He ended making Pratt & Whitney a profitable company after it had been suffering with his leadership skills and willingness to explore new technologies.

 

Louis Chenevert ended up catching the attention of United Technologies Corporation and also put together the geared turbofan (GTF) engine in the provess. He became the Chairman of UTC in 2006 and its Director and invested in the GTF engine, which he knew would be a hit in the industry. Today, the GTF engine is huge in its market and has earned UTC plenty of profit. It, literally, put the company back on the map and is now used by over 14 different airlines as well as 70 different aircraft.

 

Louis Chenevert eventually became the CEO of UTC and has received plenty of praise since he took over the role. He loves challenge and saw UTC through some of the roughest times in the United States economy. He is sure that the company’s portfolio of products will help it succeed moving into the future and is glad that he has focused on taking care of the company’s employees. While Louis Chenevert is not the CEO of UTC anymore, he left behind an amazing legacy that continues today.

 

https://www.wingsjournal.com/yachts-rich-famous-louis-chenevert-steve-jobs-johnny-depp

July 11, 2018

Posted In: Business, Businessman, CEO, Entrepreneur, Investment, Investor, Leader

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Market America Is Changing the Online Shopping Experience

In the advent of digital era, most businesses are operating online. Market America is one of the widely acknowledged companies operating in the internet platform. The company offers internet network management and brokerage system. It was founded in 1992 by Loren and JR Ridinger and specializes in social shopping as well as one-to-one marketing. The company’s mission is to offer investors a distinctive system to create wealth whilst providing consumers globally a better platform to shop. Through the internet technology, the company has been able to create the economy of the future.

The company also owns the largest online shopping outlet, the Shop.Com which offers more than 35 million products and services. Market American has used this trademarked business model to provide internet shoppers what they want. The company is located in Greensboro, NC and it has employed more than 800 people worldwide. It operates in Mexico, United States, Canada, Australia, Taiwan, Hong Kong, Singapore, UK and Spain. Some of its emerging markets include Dominican Republic, Ecuador, Jamaica, Bahamas, panama and New Zealand.

Through social shopping and one-to-one marketing platform, the company has been able to combine the power of internet and its users. It has thus become very easy to change the way people shop. Their presence in the internet has also changed the economic paradigm. Some of the products sold by Market America include health tonics, household cleaners, makeup, gardening products, weight loss and nutritional supplements among many other products.

Shoppers get the opportunity to get gross retail profit off their personal sales. These profits may vary depending on the product one is selling. One can also earn a cashback commission from both their personal online purchases and their customer’s purchases. If you have created a team of representatives, you can also get team earnings.

The number of people shopping at Market America has surged over the years thanks to growth in the number of people using the internet. Like its motto say- Built on product. Powered by people, Market America is flourishing and it is here to stay. The company enjoys a collective shopping power and it is helping people around the world make the right purchases and earn income from the purchases.

July 5, 2018

Posted In: Business, CEO, Entrepreneur, Social Media

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Mississippi Institute Honors Robert Ivy With The Lifetime Achievement Award

Almost every Mississippi born leader and influencer hopes to get this prestigious yet elusive annual Lifetime achievement award from Mississippi Institute. But this year this grace shines upon American Institute of Architects CEO and executive Vice-chair, Robert Ivy. Robert’s mention marks the first time an architect receives the award since the establishment of the Noel Polk Achievement award. He will be presented with this award on 2nd June in an award hosted at the Mississippi Institute of Arts and Letters (MIAL).

The honors

According to Nancy LaForge, the MIAL president, the award is just but an appreciation of the extraordinary individuals whose work of performing, creating or supporting art deserves the special honor. She further supported the reasoning behind honoring Robert Ivy with the award while stressing his contributions towards making architecture accessible to the public health. His work at the helm of the American Architectural Association is further complemented by his previous artistic engagements.

Read more on Robert Ivy to receive Lifetime Achievement Award

For instance, Robert Ivy once served as the editor-in-chief for the McGraw-Hill Record, an architectural journal publication. He helped the journal soar to unimaginable heights such as being recognized as one of the most read architectural journal in the world in addition to helping it scope numerous publication awards. Robert also shares credit in helping McGraw-Hill establish a foothold in China as well as the launch of the Mandarin version of the publication.

Robert Ivy would later replicate the success achieved at McGraw-Hill during his tenure as the CEO and EVC of the American Architects. While he was appointed AIA chief executive officer less than a decade ago, Robert has initiated reforms that have had far-reaching impacts on the institution. For instance, the institute’s membership has since grown to a record high in its 160-years of existence. Additionally, the institute has expanded its reach and opened two new chapters in China and Canada to reach seven global chapters.

Bottom line

When making the announcement, Nancy mentioned that the institute wouldn’t be any prouder to have a writer, editor, and a practicing architect carry fly the awards mantle high. Robert joins other top flying celebrities, artists and business leaders who have previously had the honors of winning the Noel Polk Lifetime Achievement Award. Others include actor Morgan Freeman (2007), writer Shelby Foote (2004), and Singer Leontyne Price (2000). The American Institute of Architects has also expressed their joy as they also showed their CEO and one of their own with praises on scoping this award.

Follow Robert Ivy on LinkedIn

May 26, 2018

Posted In: CEO, Expert Architect

Sahm Adrangi Is Taking The Short Side With Proteostasis With Latest Negative Report From Kerrisdale

Sahm Adrangi is a well-known man in the investing world thanks to his many accomplishments as an investor and his success at Kerrisdale Capital. This private investment firm invests in various companies around the world. Today, being able to identify quality companies in the stock market is a challenge, and Sahm Adrangi is standing out where not many can. Kerrisdale has managed to excel and come out on top of the S&P 500 for several successive quarters.

On a normal basis, Kerrisdale Capital puts out reports on various companies in the market, and their latest was quite the negative report against biotech firm Proteostasis. This biotech company is home to Cambridge and has recently been making claims of a new breakthrough in terms of cystic fibrosis. Their new drug in development, PTI-428, is aimed at helping increasing lung performance in patients.

Unfortunately for Proteostasis, Kerrisdale was not impressed with their figures and the data they released, so Sahm Adrangi decided to do a little more digging into the company. Upon even closer examination of the results of the company, their actual test sample was extremely small. So small in fact, PTI-428 was only tested on four patients. This is not nearly enough to make such claims the company has been making, causing their company stock value to go up.

Kerrisdale took quickly to their report to get it out as soon as possible to inform the public and many investors out there of what is really behind this biotech company, Proteostasis. According to Sahm Adrangi, their drug cocktail is most likely an ineffective drug that works better as a placebo. Unfortunately for Proteostasis, the majority of their company value is invested in their product, which means they will lose more than 70% of their company share value when it comes out that PTI-428 is not effective.

As more companies and investors are becoming aware of the nature of this biotech company, their share values continue to drop and will likely push the company off the map in the near future.

http://www.imdb.com/name/nm1444924/

April 19, 2018

Posted In: Business, Business success, Businessman, CEO, Entrepreneur, Investor

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Tempus Technologies of Eric Lefkofky Receives $ 80 Million

The name Eric Lefkofsky is trending because of some noble actions of the great inventor and technology geek. Eric is the CEO of Tempus; a technology outfit that has hit the news for months about its efforts to battle cancer by using cutting-edge technologies. He is also a co-founder of the company and a couple of others in the technology field. Eric is so conspicuous because of his liking for disruptive technologies that help enhance service delivery, especially in the health services sector. Eric also co-founded a NASDAQ-listed company by the name Groupon. The list of the tech companies Eric has helped to start or started on his own is long, but one of the most outstanding because of the contribution it has already made in the fight against cancer is Tempus. It is an operating system that uses personalized patient data to develop profiles and analysis of a patient’s cancer status and trends. Physicians have found the technology handy because it helps them make fast decisions about the cancer patients that they interact with; decisions that are often helpful in battling cancer before the condition spread its ominous tentacles too far. Tempus has already networked with many cancer centers in the US. Now it is getting some money for growth.

Tempus Receives More Donor Funding

According to reports by the Chicago Tribune recently, Mr. Eric Lefkofsky’s Tempus Company has just received a cash boost. It will be yet another gesture of support for the work by the young American inventor and technology enthusiast who uses his passion and skills in technology to promoter cancer treatment and handling. Tempus is noted to be an important resource in promoting upcoming technologies that prove to have the potential to change the old order of things, especially in the medical world. According to the Chicago Tribune report, Tempus has received over $ 80 million from what the news source describes as existing and new investors. So far, Tempus, under the umbrella of Groupon has received up to $210 million since it was started in 2015. Tempus breaks the record of companies that have had the most profound impact on humanity barely two years since they were started. The latest funding is a boost to Mr. Eric Lefkofky’s work in battling the cancer menace through technology. To know more about him click here.

His Contributions to Society

Eric Lefkofsky has demonstrated a heart for helping those who have been afflicted by disease and pain. He and his wife formed the Lefkofsky Family Foundation. The Foundation seeks to extend charity assistance to needy communities and individuals around the globe to resolve or mitigate their health concerns. Eric is a respected personality already. He is a trustee of Lurie Children’s Hospital based in Chicago, the Museum of Science among others.

April 3, 2018

Posted In: Businessman, CEO

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Desiree Perez Brings Financial Security to Roc Nation

Across the world, the Roc Nation brand has been growing in importance for fans and partners of the business created by rapper, Jay-Z. One of the major players in the development of Roc Nation is Desiree Perez, a long-time business partner of Jay-Z who has spent much of her time looking to develop the business relationships which have proven so important to the brand. Roc Nation is now one of the leading recording labels in the world with a long history of support from many of the best-known businesses on the planet who appeal to the key demographic of the company.

Among the many companies, Roc Nation has partnered with is the telecom giant, Sprint which has chosen to become one of the main investors in the Tidal streaming service to the tune of $200 million. Roc Nation has grown to become an important part of the entertainment industry in a range of different sectors where Desiree Perez has spent her time exploring the many deals and partnerships on offer for the brand; one of the most important aspects of the work of Roc Nation has been the link between the label and its parent company, Live Nation which has provided around $300 million in investment capital over the last decade.

Desiree Perez has become such a trusted member of the Roc Nation team because she was already known to Jay-Z for her business skills from her years working with the SC Enterprises company. The majority of the work completed by Desiree Perez was kept out of the spotlight until the renegotiation period for the Roc Nation deal with Live Nation when the executive was pictured looking for new investment from the Universal Music Group which eventually signed a music distribution deal with the label.

Facebook: https://www.facebook.com/public/Desiree-Perez

December 22, 2017

Posted In: CEO