Category Archives: Enterpreneur

Meet Shiraz Boghani- The Hotelier Award Winner

Shiraz Boghani emerged as the winner of the 2016 Asian Business Award. Shiraz is a prominent hotelier and the chairman of the Splendid Hospitality Group. Splendid Hospitality Group is among the highly developing hospitality groups in the UK. Precisely, Splendid Hospitality Group is a network of hotels which incorporates everything from ranging from cheap and budget-friendly to expensive and luxurious. They have a tremendous lineup of hotels which includes the lately acquired the Mercure Bristol Brigstow and New Ellington Hotel in conjunction with various other top performing hotels such as The Conrad London St. James, the Holiday Inn London, The York, and many others. Visit Splendid Hospitality Group to learn more.

As a wiser investor, Shiraz Boghani is not an investor who puts all his eggs in one basket. He believes in diversification. Apart from Splendid Hospitality Group, Mr. Shiraz Boghani also co-founded Sussex Healthcare Company. Unlike Splendid, Sussex is a more complex and sophisticated business model. Despite the complexity of this business, it has turned out as one of the most successful companies. Sussex Healthcare is a healthcare group that is located in New England. This group is aimed at providing the best and classic care to the elderly and those with mental disabilities. It also takes care of individuals suffering from diseases that can affect the nervous system such as dementia and lesion.

Apart from being financially successful, Sussex Healthcare is a certified company and received the international standard ISO 9000:2000 which marks a great achievement by the company. For more declaration, ISO 9000:2000 is precisely an international standard which is used in measuring multiple vital areas such as standard of service, the quality of goods being sold to the consumers, safety, and credibility. Sussex Healthcare is outstanding compared to other healthcare companies in that apart from ISO certification, it is highly devoted to offering their clients the best care possible. They attain this by merely investing in specialized equipment and facilities. They also continuously train their executive staff. Despite that its best recognized for providing neurological care it also includes palliative care. Shiraz Boghani has tremendously contributed to the growth and success of this company. He has excellent leadership skills that and has seen the company via great success.

Learn more: http://www.splendidrestaurants.co.uk/founders/

 

Sahm Adrangi Discusses Ad Fraud

Earlier this year, the Kase Learning Conference on short selling featured Sahm Adrangi, who talked to the group about ad fraud.

Sahm Adrangi is the founder and chief information officer (CIO) of Kerrisdale Capital Management LLC. The company was founded in 2009, and in its nine years of operation it has managed to achieve an impressive amount of influence in the industry; Sahm Adrangi says that they manage about $180 million these days. He also adds that it has a history of actively working against fraud, with its skills honed during its early years when Chinese scams were costing American companies somewhere between $10 billion to $20 billion.

Since then they have had experience with other would-be hucksters. For example, Sahm Adrangi mentions a developer in Florida who was trying to sell land for twice its actual value, a trick which they worked against. He recommends that anyone interested look at the Kerrisdale Capital Management LLC. website, where they publish much of their research about the frauds that they investigate.

The kind of ad fraud that he focused on, and the kind which most affects businesses, involves companies buying ad space on websites that are not actually meant for anyone to access; the page features ads but no normal content. Bots are then simply programmed to visit the fake sites and/or click on the ads repeatedly. This gives the impression that the ads have been viewed many times, but in fact the company paying for them is not receiving any benefit, since no potential customers have actually seen them.

“The more ad fraud that occurs, the less the online advertising buyers are going to be willing to spend on online ads,” Sahm Adrangi warned. “And that’s going to drive much-needed revenue from legitimate publishers.”

Sahm Adrangi noted that advertising companies do benefit from this, however, as they still make money from those many fake clicks; as a result, he believes that some of them have been slow to try to counteract this problem. He suggested that these days about 25 percent of the traffic on internet ads is falsified.

https://markets.financialcontent.com/stocks/news/category?Category=Sahm+Adrangi

Jacob Gottlieb Is Joining Forces With A Former Teammate And Mentor

Jacob Gottlieb is joining forces with a former teammate and mentor. He and Stuart Weisbrod were very successful together as Healthcare investors. The two men initially met at Merlin Biomed Group. Weisbrod was a high-ranking member of the organization while Gottlieb was a portfolio manager for Stuart. Weisbrod had a high level of expertise that shaped the way Gottlieb would view the business from that point forward. Jacob Gottlieb went on to do great work for Merlin, helping the company achieve great returns in 1999 and 2000. He assisted with bringing in key clients up until the company closed for business in 2007.

Jacob Gottlieb went on to have success in the finance industry. He launched his own company called Visium Asset Management with a 300 million dollar investment. Gottlieb quickly pushed the company’s value to 2.5 billion dollars. He survived the financial crisis in 2008 and led Visium on a path of continued success. The organization eventually grew into an 8 billion dollar hedge fund. Visium has over 200 employees with offices in cities around the world including London, New York and San Francisco.

Visium was a shining example of success for roughly 10 years. The company fell on hard times in 2016 when three of its executives were accused of insider trading. They were thoroughly investigated and reported to the FBI by a whistle-blower working on the inside. The authorities took time to mount all of the evidence and eventually brought charges against several employees at Visium.

Jacob Gottlieb was never charged with any crime or ethical wrongdoing. He remains with the company as its CEO and has worked to return funds to its investors. Gottlieb is in place to wind down the company while it is being watched over by the SEC.

Jacob Gottlieb has moved forward in his career and formed a new enterprise called Altium Capital. Altium Capital is a hedge fund that will be Gottlieb’s latest statement. The company already holds great value due to Gottlieb’s previous success in the industry. It has recently made a stake investment in Oramed Pharmaceuticals Inc.

Sahm Adrangi: An Overview of the Negative Report Issued

Sahm Adrangi is the chief investment officer at Kerrisdale Capital based in New York City. He holds a bachelors degree of arts in Economics from the famous Yale University. His previous positions include analyst at Longacre Fund Management, Restructuring Investment Banking Group, and Deutsche Bank.

Sahm Adrangi recently issued a negative report concerning the St. Joe Company. Kerrisdale Capital operates as a private investment manager. It published a negative report highlighting its short position at St. Joe Company. This real estate company is targeting to transform the sizeable desolate area located in Panama City Beach to become an attractive destination for businesses as well as retirees. In the report, Sahm Adrangi pointed out that St. Joe Company is not likely to develop the land due to the valuations that it is facing. Much of its land is located in swampy, desolate, and remote areas whereas the St. Joe has already monetized it. The company had foreseen a significant income source. The new retirement sector would have been a high selling community in America. Contrary to this, there is minimal progress made by St. Joe on the interior land. Very few activities and efforts of the building are happening among other things like permit fillings and signs of growth. Sahm Adrangi says that the plans for the interior land in the company were made lie ten years ago and up to date nothing tangible has been accomplished. He, therefore, predicts that the investors who have already suffered enough should be prepared to wait longer before their investments begin counting. This is because the company is still struggling to monetize the land. Due to all those issues faced by the shareholders, the largest investor for St. Joe, which is Fairholme Funds, has suffered some liquidity rules that were enacted in a few months ago. This was significantly contributed by the poor stock selection and this large investor reduced around 90 percent of its assets. Its position was more prominent in the company. Fairholme is therefore expected to reduce its status as a shareholder by half. Kerrisdale is convinced that no level of development can redeem the stock positions.

https://www.kerrisdalecap.com/firm/sahm-adrangi/

Shervin Pishevar discusses how lawfare and price wars are used by tech monopolies

Few people in the country today have had such up-close and personal experiences with the founding of successful tech ventures as serial entrepreneur and financier Shervin Pishevar. Now in his 40s, Shervin Pishevar has been at the forefront of the tech industry since the mid-90s. He has been personally responsible for the founding and incubation of tech startups ranging from Airbnb and Uber to Social Gaming Network and Virgin Hyperloop.

Shervin Pishevar is also one of Silicon Valley’s thought leaders. He runs one of the most popular Twitter feeds of any venture capitalist in the Bay Area. It’s a safe bet that when Shervin Pishevar tweets on a topic of national importance, the most influential leaders in the country are hanging on his every word.

In a recent barrage of tweets, Pishevar laid down some solid arguments for why tech monopolies should be watched very carefully and why it’s likely that they will eventually need to be broken up. As someone who was there throughout the entire early stages of both Airbnb and Uber, Pishevar has seen, up close, the immense perils that new startups face. He says that the tendency of the top five tech monopolies —Google, Apple, Microsoft, Amazon and Facebook — to run out or buy out any competitor that looks like they may even possibly pose an eventual threat to their business has become a major problem.

One of the means by which these tech giants can push out competitors or make their businesses non-viable is through the use of a little-understood but highly effective weapon: lawfare. Pishevar cites the ongoing legal battles that Uber has been forced to deal with due to nuisance lawsuits filed by autonomous-vehicle rival Google. Pishevar points out that Uber is a far smaller company, and it has been compelled to waste tens of millions of dollars defending itself in court from spurious claims made by Google.

While Google has virtually unlimited resources, the millions spent by Uber are seriously cutting into its bottom line, taking money away from operations and research and development programs. Through exploiting these asymmetries, the big tech monopolies can drive incipient competition out of markets.

www.shervin.com/