Category Archives: Technology

Shervin Pishevar and the Emerging Potential in Digital Currency As Highlighted in 21-Hour Twitter Engagement

Shervin Pishevar is the founder of Sherpa Capital but resigned after he was alleged to have been involved in various sexual harassments, which included even rape cases. However, that seems to be behind him when he engaged his twitter followers with a 21-hour Twitter rant where he was expressing his feelings towards various government policies and what he thinks the future economy will look like. The financial investor seemed to take a huge interest while at the same time expressing positive energy in the upcoming digital currency adoption in the world.

Cryptocurrency involves the use of digital currencies such as Bitcoin to transact of the web. This newfound methods of exchanging goods and services see owners of bitcoin or other digital currencies purchase services to people in different parts of the world through blockchain technology. Although Shervin Pishevar views digital currency as the future in a boundaries economy, he is concerned due to the volatility of the digital currency, especially the trends that have been portrayed in recent times.

Shervin Pishevar tweeted that bitcoin will continue to depreciate up to a point where it will stabilize for around 2k. This acts as a precautionary measure to the people who want to invest in bitcoin or those holding the digital currency in the view that it will appreciate hence helping them to increase their profits. However, despite the volatility facing the digital currency, Shervin Pishevar notes that its adoption will continue to increase and its time that government and other policymakers embrace the new technology by developing rules and regulations to govern the use of digital currency.

One of the main benefits of using digital currency is that it is more secure than other currencies used around the world. Shervin Pishevar is more concerned about the security of transactions that people have when they are conducting various transactions. Moreover, the use of digital currency has the potential of investing in real estate to be an easy undertaking as real estate owners can tokenize their properties. This will help investors with a limited amount of money to own a proportion of a property, which is a similar innovation used in the stock market.

 

https://techcrunch.com/2017/08/24/pishevar-sends-another-letter-to-uber-board-about-benchmark/

GreenSky Credit-A Valuable Financial Technology Lender

GreenSky LLC (formerly called GreenSky Trade Credit, LLC) was founded in 2006 as a financial technology organization based in Atlanta. It offers technology services to merchants and banks for making loans to customers. The loans could be for healthcare, home improvement, and solar purposes. GreenSky credit program gets its funding from state-chartered, federal, and federally-insured financial companies. GreenSky credit program has lent about $5 billion from 2012 to 2016.

How does the company operate?

GreenSky company exists among fintech companies such as Lending Club Corporation since it doesn’t spend its capital on loaning processes. The company makes loans available through its GreenSky mobile app to its merchant customers ranging from retailers to self-contractors who deal with items like furniture as well as advancing home services such as window replacement and roofing. GreenSky Credit firm offers other services such as elective medical procedures and the use of credit cards to cater for the enormous projects from its customers. It provides loans to its customers at a fixed period and a fixed interest rate which has contributed to its business expansion.

Capitalization and valuation

The organization was started in 2006. In 2016, the company generated a capital of $50 million and established a lending plan of $2 billion with Cincinnati’s Fifth Third Bancorp. The move led to GreenSky being rated at $3.6 billion, an improvement in its valuation since its 2014 $300 million fund-raising round. The earlier rounds included investors like QED Investors, TPG, Iciniq Capital, Wellington Management, and DST Global.

The valuation of GreenSky Credit in 2016 groups it among the most valued privately owned startups in financial technology. In 2018, the company set its IPO stipulations to 34.09 million stocks at $21-$23.

Employment and management

Currently, the firm has employed at least 1000 staff. The main representatives include;

  • David Zalik- co-founder and CEO since 2006
  • Tim Kaliban- Chief Risk Officer and president
  • Gerry Benjamin- Vice Chairman

An overview of David Zalik

Mr. David Zalik serves as the CEO and Co-Founder of GreenSky, LLC. He is also the Chairperson of the Board of Directors. Mr. Zalik has also co-founded other organizations like Phoenix, LLC, The Rockbridge Commercial Bank, and The Resource Institute. At RockBridge Commercial Bank, David Zalik was a Director. He worked in the Board of Directors on the Marcus Community Center, Hands on Atlanta, and the Jewish Federation of Greater Atlanta.

Mr. David Zalik is a qualifier for 2016 Entrepreneur of the Year. Other awards he won include;

  • 2000- Abe Schwartz Young Leadership Award
  • 2003- Catalyst Year’s Entrepreneur Award

https://en.wikipedia.org/wiki/GreenSky

A Few of Shervin Pishevar’s Grim Predictions Expressed on Twitter

After more than two months of not sending out tweets, Shervin Pishevar let out a rant that lasted 21 hours. It included 50 points that touched on different topics like the stock market, bonds, technology, and bitcoin. For the most part, Shervin Pishevar had some grim predictions about the future of the US economy.

This Twitter rant came in response to a drop in the stock market on February 5, 2018. In fact, it is one of the biggest drops that the stock market had seen in years. Shervin Pishevar expressed concern about that drop and had a grim forecast saying that things were going to get even worse. He feels that the stock market is going to continue to experience slippage, predicting that it will lose an aggregate 6,000 points in the months to come.

One of the solutions that the government often uses to fix a decline in the market like this is quantitative easing. After his prediction, Shervin Pishevar said that people shouldn’t be surprised if leaders start talking about using this tool. However, he said that no one should be fooled by it. He thinks it is a tool that has been used too many times in the past and will not continue to be effective.

Another point that Shervin Pishevar made in this Twitter rant had to do with the entrepreneurial spirit becoming borderless. In the past, Silicon Valley was an area that had a stronghold on ideas and talent. It was backed by investors. However, this entrepreneurial spirit is something that is starting to be seen around the world. One of the examples he gave was about a train station being constructed in China in under 10 hours. Talented individuals from other countries no longer need to come to the US to get their ideas going. This is something that’s good for the global economy. However, it is not good for growth in the United States.

It seems like the bull’s-eye that Shervin Pishevar is getting at through the 50 tweets he sent out basically have to do with realizing that a new system needs to be built from the ground up.

https://medium.com/@shervin

A Glimpse Of Matthew Autterson’s Success Story

Matthew Autterson is a graduate of Michigan State University with BA in finance in 1980. He also went to the University of Denver for Graduate Tax Program. He is currently a member of the Board of Directors for Falci Adaptive Biosystems. Matthew Autterson’s career began at the First Trust Corporation. In 1982, he left the company to join a team to charter a trust company in Colorado State as a branch of New York financial services company with integrated Resources Inc. Matthew became the president of Resources Trust Company in 1986 after which it was acquired by Broad Inc. in 1986 and formed SunAmerica Inc.

 

The current company that Matthew Autterson works for Falci Adaptive Biosystems, is a nonprofit organization that is committed to helping people with neuromotor disabilities and enables them to control & interact correctively with their surroundings. He is a true representative of philanthropic desires and has led for quite some time in the same.

 

Matthew Autterson leads in the Colorado business community with over 25 years of experience in financial services and with great interests in any initiatives that focus on charitable donations. This is to say that he is a committed and active philanthropist. Matthew Autterson years of leadership are countless and this has made him renowed globally.

 

An incredible and discussed topic in his life in the recent news is the summer night that brought in so many guests from all over and restaurants were at their best in offering the services to the incredible customers. There was entertainment all over from known artists in the region. He had great guests and great people in the country to witness and take a breeze as they celebrate their friend, Matthew Autterson. Most people attribute their success in business to him because of his guidance and mentorship. See This Page for additional information.

 

 

Some of these include Koelbel, who say that with the help of Matthew’s financial connections they were able to gain much income in the business. In summary, Matthew Autterson is a business expert and is perfect in the marketing field. With his great business connections, one can be sure never to lack a word that will inspire them in business and aid them to pursue their dreams and be successful. Matthew is an example of the philanthropic world. He believes that for an individual to succeed, it is important to give back to the community and facilitate any programs & initiatives that are focused on giving back to the community. He inspires many through the all-time experience and counsel in the business world.

 

More on: http://www.whitepages.com/name/Matthew-Autterson