Sahm Adrangi Reveals Why He Doesn’t Think QuinStreet Is A Good Investment

Kerrisdale Capital Management issued a report about QuinStreet, Inc. recently that was quite negative. QuinStreet is an online marketing firm headquartered in Foster City, CA. It was founded in 1999 and has something of a sketchy past including having to pay a fine of $2.5 million when it was discovered they were illegally using advertising targeted at veterans in order to get them to become students at a number of for-profit universities.

While investigating QuinStreet’s current advertising tactics Sahm Adrangi, the founder and CIO of Kerrisdale Capital, and his team of analysts saw that QuinStreet is once again engaging in suspicious activities. Sahm Adrangi says that QuinStreet is sending a lot of phony traffic to websites under their control. This creates a stream of income for QuinStreet at the expense of the clients they have signed up. The report also states that just about all of the revenue growth at this company has come from just one of their clients which isn’t a sustainable business model. He called QuinStreet a firm whose business model is completely broken.

Before issuing the report on QuinStreet, Kerrisdale Capital had taken a short position on it. This means if QuinStreet’s stock value plunges Kerrisdale will make investment gains. Sahm Adrangi indicated in his report that he would be holding a telephone conference later that day where he and his team would divulge the information they have documented about QuinStreet.

Sahm Adrangi was just 24 years old when he founded Kerrisdale Capital in 2009. Prior to that he had worked for three firms in the financial industry which were Chanin Capital Partners, Longacre Fund Management, and Deutsche Bank. He had been an analyst for each of these firms and developed knowledge about leveraged financing, restructuring investments, distressed and bankrupt businesses, and other areas of finance.

The hedge fund Sahm Adrangi manages is primarily invested in value stocks that he holds for a long time. However, when Sahm Adrangi sees a special situation such as QuinStreet he is willing to short a company’s stock. This type of investing is starting to become known as soft activism investing.

Entrepreneur Robert Deignan: Brief General Information

This will give information about Robert Deignan who is an entrepreneur for ATS DIgital Services. That acronym stands for Advanced Tech Support. This company deals with the needs those have for digital support. Some needs this helps with is either a computer that is working slow or a slow connection to a network. They have the ability to help in every characteristic.

The team has four classifications they use to help with the jobs. The first one is “Efficient Tools”. They develop tools that are state of the art. This is in order to make fixing PC’s have more efficiency and save time for the consumers. The second is to “Fix Issues Fast”. They do this to carry out methods that prove fix the computer as fast as possible. The process and efficiency they have to fix it has not failed yet for the customers. The third is “Technician Roundary”, this is where simple or difficult problems will be fixed by the technicians. The fourth and final was Best of Brand Software”. One aspect of this is making the phone system up to date to save it from things like viruses.

Deignan the Ceo and Co-founder of ATS Digital Service is located in Miami, Florida. This is in the Fort Lauderdale Area. For his high school education he went to St. Thomas Aquinas High School in the years from 1988 to 1992. Then for college he attended Purdue University. While he was there he received his B.S in the area of Business Management.

Deignan, also has had work experience in a handful of jobs. One job began in July of 1998 when he was the Co-Founder of Fanlink Inc. He went on for almost three years till March 2001. He went on to another job in the role of an Executive Vice President at “is3” which is a service which deals with the software of a computer. This company’s located at Boca Raton, Florida. Finally, since 2011 he worked at ATS, as the CEO and the Co-Founder.

http://www.prweb.com/releases/2017/07/prweb14550762.htm

Nabors Industries Has A New Powerful Partnership With Saudi Aramco

Nabors Industries is a publicly-owned company based in Houston and it has some of the most advanced oil drilling rigs and computerized operations in the world. But it’s now going to be sharing ownership of some offshore Atlantic Ocean this with a Middle East drilling rig holding company known as Saudi Aramco.

Nabors Industries CEO Tony Petrello led the formation of this partnership not only to increase its international drilling capacity, but also to increase earnings for the company’s stockholders. Petrello remarked in a company press release that he was delighted with the forming of this new partnership and the increased drilling territories it’s added, and he noted that this deal along with buying Tesco Corporation have helped the company increase its income while also cutting operating losses.

Tony Petrello’s old friend and roommate Lloyd Grove is the one who has shed light on his past and how he went from a blue collar neighborhood of Newark, NJ to leading the Houston oil giant Nabors Industries. Petrello was a mathematics genius in middle school and high school, and after being admitted to Yale University, Grove said he became a favorite student of Algebra pioneer Serge Lange. But both his former roommate and professor likely didn’t foresee him take a completely different direction by going into law school and then joining a prestigious New York City firm. He became a partner at this firm and started his relationship with Nabors Industries as their attorney. His abilities in managing tax compliance and offshore accounts was part of what led them to selecting him as their chief operating officer in 1991, and after the former CEO passed away, Petrello took over for him.

Anthony Petrello may be most known for leading technology development initiatives at Nabors Industries, but he also is passionate about giving back to his community. The main cause he’s rallied behind is searching for cures for periventricular leukomalacia and diseases like cerebral palsy that have resulted from brain defects. His own daughter Carena has dealt with these issues, and in order to help her and other children, he has committed $7 million to brain research at the Texas Children’s Hospital’s neurological research institute. Petrello has also helped the city of Houston as a whole during tough times including recovering from hurricane Harvey to which he donated $176,000 to help victims of the storm, and he even compensated Nabors Industries employees for volunteering to help.

Sahm Adrangi Achievements

Sahm Adrangi is a popular name in the investment field. He graduated from Yale University with a Bachelor of Arts in Economics.

Sahm has worked in the famous Longacre Fund Management as an Investment Analyst. He has also worked with Chanin Capital Partners, a group that dealt with the restructuring of bankruptcy.

Mr. Sahm used the skills he learned and founded the Kerrisdale Capital Management in 2009. He has been the Chief Investment Officer since its establishment.

During its launching, the company only had less than $1 million as its capital. Today, it is responsible for more than $150 million. This was a very successful project for Sahm, who got involved in every aspect as the firm developed, and learn more about Sahm Adrangi.

Sahm has earned fame from his short selling as well as the research he publishes. He has made clear various views on stocks to investors who get confused by the market.

As a professional investor who knew the real and the fake, Sahm Adrangi exposed some Chinese Companies whose work was to steal from innocent investors. In 2010 and 2011, Sahm Adrangi shortlisted China Marine Food Group, Lihua International and other companies, which were not genuine in their work.

Sahm Adrangi’s company has over the years shared its research on many companies and industries all over the world. However, Sahm settled on specific sectors that his firm expertise on. One of them was biotechnology and the company shared their research on companies that are in development stage, and his Twitter.

Kerrisdale also touched on the mining sector. he questioned the prospects of mining and the valuations of the market of various resource companies including the Northern Dynasty Minerals.

Moreover, Sahm Adrangi has become an activist in various investments. He helped the Lindsay Corporation in 2013 to maximize the deployment of cash and the policies of capital allocation. He also actively engaged in the replacement of Morgans Hotel Group’s directors.

Sahm Adrangi has made speeches at countless conferences and other financial gatherings among them the Value Investing Conference, the Activist Investor Conference, and Sohn Conference. This has given him a better chance to elaborate his ideas and views to millions of people willing to make investments, and http://www.insidermonkey.com/hedge-fund/kerrisdale+capital/672/.

 

Desiree Perez Keeps Things Interesting at Roc Nation

Desiree Perez knows the art of contract negotiation better than anyone. She has been successful in getting artists that are part of the Roc Nation family great deals. This is what Jay Z need. He needed someone that could go in and negotiate like they were negotiating a contract for themselves. This is exactly how people like Desiree Perez approaches contract. Desiree Perez has run her own club business before so she knows a lot about contract negotiations.

When the Live Nation deals were going into negotiation for contracts Desiree Perez took it personal. She treated every contract negotiation like she was pleading for a deal for herself, and this passion allowed her to get great deals in the works for artists like Rihanna. Desiree Perez has proven that she is a valuable resource when it comes to this type of environment, and people in the business world cannot overlook the presence that she has in the world of sports and music.

Desiree Perez has done a magnificent job of keeping up with these different aspects of business, and no one can deny that she is a powerhouse that is perfect for Roc Nation. Jay-Z has been a longtime friend to Desiree Perez, and he knew what her skill-set was. He was aware of that she was able to take on with multiple jobs where she handled a bevy of different things.

Desiree Perez has not let him down. Millions of dollars have been made with contracts that have been set up for the Live Nation concerts. The concerts are big because everyone may not be able to attend, but there are things in the works to stream some of these live concerts. This is where Desiree Perez puts on her negotiation skills to work for the Roc Nation roster.

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Susan McGalla Shows the Way of Women Empowerment Better through her Career and Life

Women empowerment and equal opportunity for them in career are a much-discussed topic for long. Though there are hopeful rays in some sectors, a vast majority of the sectors are still not grabbing any change from their conservative stand. There are also issues like unequal pay, no access for women to the boardroom, etc., are yet to be fully addressed. Though there are governmental and non-governmental organizations working to change the things from the grass root level, a majority of the women are not able to advance further due not encouraged or rightly guided.

However, there are a small number of women who are proved to be capable leaders with superb personality, and they are taking up the challenges in the corporate world by either leading the firms or starting their own ventures. One such example for powerful women is business is Susan McGalla, who worked with a number of business powerhouses in their senior leadership roles. She is considered to be an excellent role model for every woman, and she achieved everything through her hard work, innate skills, and a greater level of networking which is very crucial in the corporate world. McGalla is additionally credited with confidence, passion, and versatility and understands that only hard work and dedication can bring her on top of the ladder.

 

She thinks that it is an individual’s responsibility to find their potential and display the powerful character to become extraordinary to achieve what they are looking for. Susan was keen on understanding her greatness and skills and conceived that she only could make it displayed and go further in career and life. Apart from the promising corporate career, she is also an entrepreneur and investor which she thinks as an opportunity to showcase her mettle. Susan is the founder of a consultancy firm called P3 Executive Consulting, and she is the Director of Growth and Strategic Planning of The Pittsburgh Steelers, a well-known American football team based in Pittsburgh.

Susan also has greater expertise in retail and fashion industry with an end-to-end understanding of its finance, marketing, product merchandising, talent management, branding, etc. McGalla has more than three decades of experience in working various industries and firms. She started her career by working with Joseph Horne Company in the year 1986 and later joined with American Eagle Outfitters. Her hard work and ethics helped Susan to secure Presidency post and Chief Merchandising Officer of the firm. Then, she started working as a private consultant for retail industries and financial investments. McGalla appointed as the CEO of Wet Seal in 2011.