Tag Archives: Business

Stream Cares Reaches out to the Dallas Community

The social responsibility movement is being driven by millennials and companies are quickly delving into corporate social donations in order to garner more clients from different sectors. Numerous corporations have developed strategies that can help them indulge in giving back to the community. One such company is Stream Energy.

Background Information

Stream Energy was formed with the intention of providing clients with gas, energy, and other home services. The firm serves about seven states including New York and Georgia. Its services are available nationwide, and they are easily accessible. It also uses multilevel marketing as the main business model.

The Patch Article

Apart from providing energy services, Stream Energy values corporate social responsibility. A prime example is when Hurricane Harvey attacked Dallas, Texas and companies flocked into the community to support the victims who either lost property or their loved ones in the natural disaster. In an article posted on Patch.com, Stream Energy is issuing its support to the victims of Hurricane Harvey by rallying employees to support their community as well.

Philanthropic Activities

Stream Energy has an independent foundation that offers charity services. Stream Cares was formed to support different charitable foundations that can support the community as well. The organization has also partnered with Habitat for Humanity, a firm that helps families construct new houses alongside repairing existing homes. This organization provides voluntary labor as well as affordable mortgages. It also offers families affordable equity.

More Philanthropic Activities

Additional organizations Stream Energy has worked with include The American Red Cross. It offers emergency assistance and disaster relief to the country. Besides, in 2016, this company became a partner with The Salvation Army. They raised money for victims of the tornado in North Texas. This donation was doubled and the contributions matched by the associates. Moreover, through a partnership with Operation Once in a Lifetime, the organization helped veterans from Dallas. Their families also received this support.

Overview

Perhaps it is also important to note that the company has also supported a lunch event for veterans. Employees served them burgers and steaks in a Texas steakhouse. From the number of philanthropic activities Stream has been involved in, it is clear that it cares for its community.

 

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/

Why some financial management firms will fall according to Shervin Pishevar

Shervin Pishevar went on a rampant tweet storm containing 50 consecutive tweets. In the tweets, he did not hold back any of his negative opinions towards the state of the financial markets in USA. Most of his tweets reveal his deepest sentiments regarding the economy. For over 21 hours, he tried to analyze financial institutions, governments, and leading firms, some of which he is a top investor.

 

The reason behind this escapade remains unexplained since he did not reveal why he did it, but this took place after he abandoned a lawsuit against a firm he had accused of smearing his name. Shervin Pishevar’s tweets caused a bubble of excitement among his followers on Twitter with most of them joining the debate. Those with contrary opinion did not spare him of their snide remarks either.

 

The significance of his remarks supersedes the reason he went on a rant. In his tweets, he touched a loathsome subject that concerns the fall of major managed future funds. This is a sensitive topic given that most ordinary investors rely on such firms to invest on their behalf.

 

Shervin Pishevar argued that most of the funds that go underground are leveraged. In simple terms, the firm has more debt than capital. Besides this, some firms tend to lean towards low volatility. This means that the value of the security changes value at a sturdy rate. This risk averse behavior contributes toward the popularity of such firms, which keeps on building up.

 

Shervin Pishevar alludes to the disorder in the volatility index to explain why managed future funds could be at risk. The volatility index is a term that refers to the expected fluctuation in prices of security options. As such, it is only a prediction that is not based on any concrete data. Shervin argues that this, coupled with asset prices that follow the flawed volatility index, could lead to a fall in some fund management firms.

 

In the tweet storm, Shervin Pishevar also reveals that he expects firms that enjoy monopoly powers to fail. He maintains that such firms must collapse if different corporations are to come into place.

 

https://www.businessinsider.my/annotations-for-decoding-shervin-pishevar-uber-letter-2017-8/

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