If anyone was wondering what Shervin Pishevar thought about the economy of the United States, their questions have now all been answered. The entrepreneur and Uber investor recently spent 21 hours expressing his views through a series of tweets about a myriad of topics concerning the U.S. economy.
Shervin Pishevar used his Twitter account to unload his opinions regarding bitcoin, the future of the Silicon Valley, and the effects of technology on the markets. In a series of more than 50 tweets, the venture capitalist predicted a massive slowdown of the economy. The sudden explosion of thoughts was the first time Shervin Pishevar has spoken publicly since he stepped down from Sherpa Capital in December 2017 after multiple allegations of sexual misconduct surfaced.
Among the most notable opinions expressed in the tweet storm, Shervin Pishevar used the platform to predict a drop of 6,000 points in the stock market over the next few months. Part of the reason for this dire prediction lies in his belief that volatility in the bond market will cause ripples through the rest of the financial sector. Shervin Pishevar blamed the uncertainty coming out of Washington as a result of the White House stance on trade sanctions as a major reason for the predicted market collapse. In his analysis, Pishevar expressed his opinion that the U.S. will continue to lose business to China because of the escalating decay of the U.S. infrastructure.
Shervin Pishevar also took on the emerging bitcoin technology, pointing out that he believes the industry will continue to crash before it begins to recover and stabilize over the next few years. The future of the Silicon Valley also received great attention from Pishevar when he stated that the area is merely an idea, rather than a stronghold of tech innovation. Pishevar believes that the decline of American-based startups is contributing to the negative impact of too few large companies holding the majority of the power.
Shortly after GreenSky Credit introduced the online platform for their partners and customers to use, they have decided to take their services a notch higher by declaring their initial public offer. The company is currently preparing to go public, a move that has been eagerly awaited by both the public and other organizations to see how it will impact on their growth. So far, the company has been in operation for slightly over a decade, and the kind of growth that it has recorded is unprecedented. With its initial capital then being $50 million, over the past decade, GreenSky Credit has grown drastically, with its value worth more than $3.5 billion during the previous valuation at the end of last year.
The online medium that GreenSky Credit launched in the recent past has also turned out to be the long-awaited dawn in the financial sector. This is because it has allowed the borrowers to interact with the lenders with no physical movements involved. The borrowers have also been relieved from the rigorous and annoying background checks to which they were subject before. All that is required of them is to fill the loan application details that are then reviewed by the lending companies. After the lenders approve the borrower to receive the stipulated amount of funds, GreenSky Credit is automatically authorized to fund the borrower’s account with the amount required.
In this way, the customer benefits greatly from the platform for the efficiency it offers and also the speed at which the loans are processed and approved. The platform has proved to be beneficial to the financial lenders too. This is because the small creditors may be having a larger customer base than they can sustain. The presence of GreenSky Credit offers the creditors a flexible lending capacity whereby they can lend as much as the customers require and to as many customers as they may have.
Zalik David, the founder and the CEO of GreenSky Credit has greatly contributed to the tremendous accomplishment of the organization. Through his loyal and zealous employees, Zalik has been able to lead the organization to the great heights that it stands today.
Shervin Pishevar is an expert in technology incubation. Pishevar was one of the first investors to shell out $26 million to get Uber off the ground. That initial investment is worth billions now. Shervin is also the co-founder of Investment company, but he left the company in December 2017. Pishevar pulled himself out of the investment limelight for a few months until he started his 21-hour tweet performance. That performance was certainly Trump worthy. Pishevar didn’t attack anyone personally during his 50-tweet performance, but he did tweet about Apple, Microsoft, Facebook, Alphabet, and Amazon. He said those companies have an enormous amount of power and that is dangerous. He also said the U.S. is falling behind other developed nations. China infrastructure plan will give China the impetus it needs to become the number one economy in the world, according to a Pishevar tweet.
And when investors read his tweet about the bond market being unstable, he got the attention of investors trying to find an investment vehicle that is safer than the stock market. Shervin’s tweets about the stock market dropping by 6,000 points was an eye-opener for some investors. Pishevar even threw the Bitcoin under his tweeting bus. Shervin Pishevar thinks the future value of a Bitcoin will be $2,000 to $5,000 sometime soon. And his tweet about big companies like Amazon and Apple becoming mini-sovereigns hit a nerve with some investors. Companies like Microsoft, Apple, and Amazon are doing what nations used to do in terms of helping people.
No one is disputing Pishevar’s right to tweet. His investment followers want him to give them the information they can use to make money. Shervin hit on other topics in his recent tweetstorm. He talked about Silicon Valley losing its spot as a startup haven, and he tweeted gold is a solid investment in 2018. And in another tweet, he said the U.S. economy is heading for a recession. And he also thinks the national debt will stop foreign investors from buying treasury bonds.
The Shervin Pishevar tweetstorm was an eye-opener for some investors, and to others, it was just Shervin Pishevar tweeting in his spare time.
One detail that’s grabbed the attention of headlines is the recent outburst by Shervin Pishevar concerning a rather gloomy outlook on the US economy in the coming years, and it seems to be brought on in part by a Bitcoin crash that hasn’t yet finished while a ruined infrastructural support system lags far behind that of other countries. It all seems so odd: The venture capitalist, who formerly headed Sherpa Capital, had disappeared since his resignation from the company back in December. What brought him back in such a furious storm?
For those not yet in the know, Shervin Pishevar was originally forced to exit Sherpa Capital due to overwhelming attention toward allegations of sexual misconduct, and he stated that it was necessary to cut himself off from the company in order to prevent the drama from interfering with its operation. Interestingly enough, his return to media headlines now coincides with a recent lawsuit that was placed on a company known as Definers Public Affairs — a rather official-sounding name if one hadn’t known differently — for allegedly slandering him.
In his 21-hour onslaught of more than 40 tweets outlining a dark future for US enterprisers and consumers alike in the coming years, Shervin Pishevar notes the following:
- The infrastructural support system in the US is in bad shape. It’s difficult to acquire funding for projects anymore, and those that are approved take months or years to finish what the likes of China can knock out in mere hours.
- The big fish in business, namely the five most influential companies (Apple, Amazon, Alphabet [Google], Facebook and Microsoft), will continue to trample start-ups in the country, stifling innovation and discouraging more companies from starting up in the future.
- The stock market is about to see a 6,000-point drop thanks to these conditions and more, one of them being the much-emphasized continuation of the Bitcoin crash. Shervin Pishevar points out that the cryptocurrency is expected to drop by as much as another $5,000 before coming to a rest and then slowly ascending once more.
Jeff Yastine Talks About Investment Opportunities For Companies Looking To Compete With Amazon
Jeff Yastine, the Editor of Total Wealth Insider recently published an article on the rise of competitors who want to stand up against Amazon in the online marketplace and retail sector. The article spoke about how companies are now starting to team up and find new ways to compete with the giant, which thereby leads to better investment potential in the hands of those who are looking to invest into these companies.
One of the things that Jeff Yastine pointed out in the article was the emergence of wide-scale mergers and acquisitions across the online retail sector. Because of the market share that Amazon currently possesses, it becomes difficult for one sole company to go up against them. To be able to take them on effectively, companies need to expand their reach and have more resources at their disposal, which is why seeking out mergers and acquisitions is one of the best ways to achieve this.
In the article, Jeff Yastine gave the example of Google and their likelihood of acquiring one of the big online marketplaces to be able to effectively enter the sector and take on big names like Amazon. He outlined how eBay would likely be the company that Google chooses to acquire since that is one of the more viable companies that would be able to aid them in their efforts against the giant that is Amazon. One of the reasons why a company like Google would want to enter into the online retail sector is because of its firm grasp of every array of the market. The search engine has been trying to expand the range of services it provides, but it isn’t currently equipped well enough to be able to take on something like Amazon.
About Jeff Yastine
Jeff Yastine was considered to be someone who knows a considerable amount about different industries and the investment potential that people can expect when they carry out investments to secure and improve their financials. He currently stands as the Editor of the financial magazine, which is a subsidiary of Banyan Hill Publishing. He started working at the publication in 2015 and since then has brought his huge amount of insight and expertise which he earned from the years that he spent working in the financial industry. Before coming to the sector of financial publications, Jeff Yastine was employed as a stock trader and investor for a number of well-known companies. He also worked with a wide variety of clients who wanted investment related help for their financial endeavors. Learn more:https://seekingalpha.com/user/48543045/stocktalks
When Ted Bauman joined the prestigious Banyan Hill Publishing more than five years ago, he did not know that he was going to become one of the most vocal editors in the organization. Several years later, the businessman is making headlines because of his great success, and he is writing three newsletters that are trending on various platforms. Ted Bauman has been in charge of the publications in Alpha Stock, Plan B, and The Bauman Letter. His expertise when it comes to asset protection, low-risk investment strategies, and international immigration issues has given him a special and unique place in the hearts of many people in the world. Learn more at Seeking Alpha about Ted Bauman
Ted Bauman realized that he was interested in assisting investors to get in touch with great resources when he was still at the university. The businessman realized that many people were living the life they did not deserve because of the investment decisions they were making. Bauman ventured into the finance world with the primary aim of changing the lives of the investors. At the moment, the finance executive is proud of his numerous accomplishments in the complicated markets, and he is even looking forward to impacting more lives and changing many lives.
Not Long ago, Ted Bauman came up with a publication that has been discussed in several platforms since it was brought into the market. Cryptocurrencies have ventured into the modern market with a huge bang. The modern investor who is always quick to rush to profitable ventures whenever an opportunity presents itself, decided to embrace the idea without thinking about the result. Ted Bauman has sad news for these investors. According to a recent newsletter, the people who have invested in this department might soon be experiencing problems if nothing is done to make the Bitcoin trading platform better.
Unlike all the other forms of payments in the markets such as credit card, the Bitcoin takes a longer time to process. Because there are many people investing in this area, the number of transactions keeps increasing. Bitcoin payments might now be taking more than twenty minutes to complete, something no one is willing to accept. Bitcoins do not process numerous payments at a go like the credit cards. The modern customers have no time to sit and wait for a single transaction to be completed, and this means that traders will have a tough time. Bauman, however, believes that things will work for the better if something is done to speed up Bitcoin transactions.
Are you planning a trip? If yes then read on. We have rounded up four the best travel apps that will help you search and book cheap flights.
Kayak (free on Android and iOS) is widely regarded as one of the best flight apps around. The app lets you browse and book cheap flights, hotels and rental cars directly from your smartphone. This app is straightforward; it categorizes flights in order from the cheapest to the most expensive, along with the number of seats available for each option.
The Airfarewatchdog app allows travelers to search every airline for the best airfare deals. With the app, you can search for gateways from your home location as well as easily compare advertised fares. The app has a feature that shows the best same-day air travels from your local airport. Additionally, you get timely and insightful air-travel information from professionals at the Airfarewatchdog travel blog section.
3. Get The Flight Out
Get The Flight Out (GTFO) is a last-minute travel app that allows you to see deals on flights departing from your local airport. The app displays flights that depart a few hours from the time of search. Once you select a destination, you are taken to a page showing different flight options like departure times and prices. After you’ve made your selection, you are redirected to the airline’s official site to make the actual booking.
Hipmunk is one of the most popular travel search apps in the U.S. This app takes the top travel websites and compares them to help you find the most affordable flights and hotels. The flight results show up on an easy-to-read timeline while hotel results show up on a map.
Richard ‘Rick’ Smith is the chief executive officer at the Securus Technologies -a Dallas Texas state based company.He is an internationally known accomplished investor.
Rick Smith has got a bachelor degree in engineering from the state university of New York at Buffalo. He got a Masters degree in engineering from the State’s University of New York. Rick Smith also went to the Rochester Institute of technology where he acquired an MBA and associate’s degree from the very institution.
Rick Smith has served in various positions in different companies before arriving at the office he currently occupies at the Securus Technologies. Between the years 1972 and October 1998, he worked at global crossing North America where he held different positions.He then left for Eschelon technologies in October 1998 where he served as the chief financial officer until April 2000. In that very month of April, Rick Smith became the president of the company and served in that position until August of 2003. Mr. Rick guided Eschelon to a successful IPO in 2005.He acted as the head of Eschelon telecom for close to nine years. During this time, under his guidance, the revenue of Eschelon increased from $30 million to $350 million. This achievement stems from his recommendable leadership skills.In June 23rd, 2008, Rick Smith became the boss and CEO of the Securus Technologies.
Securus technologies :
Securus Technologies has its headquarters based in the Texas state in the United States of America. The firm provides various services which are geared towards enhancing the lives of over one million inmates as well as the various agencies tasked with ensuring the welfare of inmates is looked after. Their main competitor is the global telecommunication link.Securus Technologies came to be in 1986.
Roles and achievements
Rick Smith worked in the finance operations, information technology, and other business areas, giving him the required knowledge to run Securus.Smith has worked to develop patents, new technologies and made acquisitions for the company. His excellent leadership skills have seen the business grow and create innovations regularly.He has got plans for the company to ensure it provides the community with security against crime. Proposals for new products at Securus flow periodically with the single aim of assisting law enforcement and correction agencies.This regular flow has enabled secure technologies to win over the hearts of many as it has registered so many clients.Rick Smith has got unparalleled expertise and has served in so many administrative positions including business development, accounting, IT, operations and management.At Securus, Smith oversees the daily operations at the company. He supervises all the activities of the company. As the chief executive officer also, he is responsible for developing and executing expansion plans at the business as well as promoting teamwork.Smith has also helped Securus Technologies enter into commercial partnerships with other primary service providers in the correction market.
Rick Smith is a visionary leader whose contributions to the corrections facilities cannot be underestimated. His unmatched leadership as the president and CEO of Securus Technologies, a prison technology company, has helped the company to maintain its leadership position in the industry. Under his leadership, Securus Technologies has developed innovative products and services using technologies that seek to keep both the public and the corrections agencies safe. The company offers incident management, public information, information management, investigation, verification and monitoring services to their clients. The Dallas, Texas-based company operates in Carrollton, Allen, Atlanta, and Georgia. They serve more than 1.2 million inmates and over 3,400 public safety, corrections agencies and law enforcement facilities. Securus’ solid presence in the market is a testament to Rick Smith’s commitment and expertise in the field. He joined Securus Technologies in 2008 as the chairman of the company.
Prior to working for Securus Technologies, Rick Smith worked for Eschelon Telecom, Inc. where he served in different positions, including being the chief financial officer, chief operating officer and president. Later, Smith was appointed the CEO owing to his accomplishments with the company. He had earlier spent two decades of his career at Frontier Corp where he rose through the ranks to serve as the president. He also rendered his services as the controller, chief information officer, and VP for financial management. In addition, Smith has worked for Midwest Telephone Operations as the vice president. Notably, Rick has a sound educational background. He holds an MBA and a Master’s degree in mathematics from the University of Rochester and the State University of New York at Brockport. He also holds an associate degree in electrical engineering from Rochester Institute of Technology and a bachelor’s degree in electrical engineering from the State University of New York, Buffalo.
Over the years, Smith has focused on helping inmates to connect with their loved ones while facilitating investigations and monitoring by correctional facilities. They provide communication devices that allow inmates to make calls, engage in video visitation, and email their loved ones. This way, they are able to connect with the outside world and adjust easily once they get released. The company’s efforts of preventing and solving crime have brought relief to correctional facilities. As part of their continued commitment to safety, Securus Technologies releases weekly service and product development proposals to facilitate the progressive prevention of crimes by law enforcement. To this end, the company receives numerous positive emails from clients who heap praises to their outstanding services. Commenting on the emails, Rick Smith said that Securus Technologies is driven by the desire to enhance safety since their main goal is to protect and serve the community. The overwhelming customer appreciation is a testament to their unique and effective customer service.
Wessex Institute of Technology (WIX) is a higher education organization. They are located in New Forest National Park in the South of England. The institute’s activities include research, conferences, and publishing. Their primary goal is to exchange information between academics and professionals. They currently hold between 20 and 25 conferences each year. These conferences encourage trans-disciplinary research.
The conferences are posted within the WIT Transactions. Then they are filed and stored on their e-Library website. Their eLibrary currently houses over 30,000 peer reviewed articles. Wessex Institute of Technology continues to grow at a rapid rate. This growth helps them to achieve their knowledge transfer objectives.