Posts Tagged ‘Bitcoin’

Sahm Adrangi Targets Ad Fraud

Monday, July 30th, 2018

Sahm Adrangi made a name for himself as a short selling activist by exposing Chinese companies suspected of fraudulent practices, contributing to a decrease of the market value of those firms by $10 to $20 billion. The success of these short selling campaigns increased the capital under management of Kerrisdale Capital, founded by Adrangi, from $1 million to approximately $180 million. Adrangi has continued to operate primarily as a short selling activist, periodically releasing reports detailing his reasoning as to why a specific company may be overvalued, or how a particular industry may be operating under false pretenses.

At the Kase Learning conference on short selling, Sahm Adrangi discussed new potential targets for such practices: ad exchange intermediaries. As Adrangi explained during his presentation, ad exchange intermediaries occupy the role of matchmaker, satisfying companies’ desires to advertise with websites meeting certain thresholds regarding number of views and clicks. The companies purchasing ad space operate under the assumption that real live humans are behind those clicks and views, but Sahm Adrangi posits that these statistics are subject to inaccuracies, as the interactions on these websites may actually be performed by bots and other computers. Instances in which a bot or other computer is generating view and click figures used to sell ad space are viewed as ad fraud, since the company purchasing the ad isn’t receiving the service it purchased.

 

From Sahm Adrangi’s perspective, ad exchange intermediaries selling ad space at prices based on unreliable readership and engagement data leave themselves exposed to potential adverse stock price reactions as a result of selling misleading ad services. Further investigation into the practices of ad exchange companies may reveal that revenue has been collected on false data, creating a situation in which shareholder value may decrease dramatically. Adrangi’s ability to draw attention to companies operating under deceptive practices has deeply affected industries before, and he seems poised to continue building his legacy as a successful short selling activist.

 

http://www.futuresmag.com/author/sahm-adrangi%E2%80%8B

Shervin Pishevar: The Iranian-American Business Mogul

Tuesday, May 22nd, 2018

Pishevar is an Iranian-American entrepreneur .He was born in the year 1974 in the Iranian capital of Tehran. Shervin Pishevar had two parents. His dad was called Abraham Pishevar and his mum Eshrat Pishevar. The family of Shervin Pishevar migrated to the US when he was a young boy. His father, Abraham, was the first to relocate to the United States. Abraham was an employee at a local radio and television station in Tehran, Iran. He worked as an executive manager. Everything went smooth until one day when his name appeared on the Ayatollah Khomeini’s execution document. Abraham together with other colleagues were extremely shocked and overwhelmed.

Abraham was accused of broadcasting information and instructions that could aid people to leave Iran to other foreign nations. He planned and managed to relocate to the United States. When he arrived in the US, he worked as a Cab driver. Abraham Pishevar operated at Silver Springs, Maryland. After eighteen months, Abraham was joined by his family that had been left in Iran. For another few months, he still worked as a taxi driver. He managed to work and study at the University of Howard. There, Abraham pursued a PhD in Mass communication as he had already done a masters back in his home country, Iran.

Abraham’s son, Shervin is a celebrated businessman. He is a recognized philanthropist. Moreover, he is a super angel investor and a venture capitalist. Shervin Pishevar is the former executive chairman and co-founder of Hyperloop One Company. Additionally, Shervin was also a managing director and a co-founder of a company known as Investment company. The venture organization has invested in other firms like Munchery, Airbnb and Uber.

Recently the entrepreneur worked as a managing director of Menlo ventures .Being a super angel investor, he had invested in more than 61 companies. Shervin Pishevar has led several investments like Tumbrl, Uber series b, Warby Parker and Machine zone. From the year 2011 to 2015, Shervin Pishevar served as a board advisor for the Company, Uber. He is still a strategic advisor and an investor in the company. Also, Shervin Pishevar has founded technology related companies like SGN, WebOS, Webs.com and Hyperoffice.

https://hyperloop-one.com/team