Shervin Pishevar Tweet Storm

Shervin Pishevar immigrated to the United States when he was young. His family moved from Iran to pursue various economic opportunities.

Shervin is one of the most prominent investors in Silicon Valley. Throughout his career, he has made wise investments in new companies. He was an early investor in both Uber and Airbnb. He made millions of dollars from these investments. His latest success occurred when Unilever purchased Dollar Shave Club. Shervin had a significant investment stake in Dollar Shave Club.

Shervin recently made the news when he predicted various aspects of the future. Most of the predictions were grim. He tweeted for nearly an entire day about various economic issues facing the United States.

Debt

Shervin Pishevar believes that the United States is headed for a massive financial crisis. He thinks the primary contributor of the next recession will be the debt levels of the United States government. He tweeted about how much debt the United States adds each year. He has no hope that any politician will make tough decisions to reduce the annual deficit.

Consumer debt levels are also rising. After the recession in 2008, many people paid down debt and increased their savings. However, consumers have returned to spending a large percentage of their income.

Jobs

Another major issue facing the United States is young people moving to other countries in search of jobs. Shervin Pishevar believes that automation will destroy multiple industries in the United States. He concludes that millions of young people will move to other nations in search of jobs. If this prediction starts coming true, it could signal a substantial economic problem in the United States.

Education

Shervin Pishevar thinks that the education system in the United States is ineffective. As a result, he proposed various changes to government leaders. He believes that technology should be a much larger emphasis in schools than it is today. He also suggested making coding classes mandatory for anyone attending high school.

 

https://www.dailyforexreport.com/shervin-pishevar/

Sahm Adrangi: Kodak’s New Products Won’t Develop Well

The Kodak Eastman Company has been on the verge of a financial crisis for years and Sahm Adrangi thinks they will soon be declaring bankruptcy. This comes after he and Kerrisdale Capital, a company that he founded and is currently the chief investment officer of, published a negative report on the company’s future. A few months ago, Kodak announced that they would be releasing two new products that they insist will change how photographers get paid for their work. Unfortunately for Kodak, Sahm Adrangi does not agree.

Sahm Adrangi has made a large part of his fortune by predicting the failure of shady companies and arranging short sales of their stocks. This is essentially betting against a company instead of for like traditional stock investments. If Sahm Adrangi’s predictions about Kodak Eastman are correct, he and his investors stand to make a lot of money with this short sale attack.

These two new products that Sahm Adrangi doesn’t see even completely making it to market are being called KodakCoin and KodakOne. KodakCoin is a digital currency that is an attempt by Kodak to capitalize on the cryptocurrency craze that is sweeping the world. KodakOne, a concept that Sahm Adrangi considers a flat out “silly” idea, promises to compensate photographers for their work that is being used without a license. Supposedly, KodakOne will use blockchain technology to identify the images that are being used unlicensed and then contact the company or individual who is using them in order to request payment. While there are several legal and technical issues that Kodak will face in the development of this product, one of the biggest hurdles is one of the simplest ones. KodakOne would pay the photographers whose images are being used without permission with their new cryptocurrency KodakCoin. It’s highly unlikely that anyone would prefer this payment method to traditional currency.

For Kodak Eastman Company, their years of attempting to operate on a capital structure that just isn’t sustainable may finally be catching up to them. While KodakCoin and KodakOne may be exciting to investors now, it’s only time before they fizzle out.

http://fortune.com/2016/04/21/sahm-adrangi-kerrisdale-short-sale/