Stream Energy is a successful business that has made billions in energy sales over the past 13 years. They hire associates as independent contractors to build relationships with current and prospective clients. Each associate pays close attention to the needs of the client. Then they match the client with the service that meets and exceeds their needs. Telemedicine and virtual doctors are one of the services that Stream Energy offers. There are many individuals in the Dallas, Texas area that are unable to go to regular appointments because of their condition or lack of dependable transportation. Virtual doctors and telemedicine help remedy the situation by giving clients the ability to talk with a doctor or practitioner online and even over the phone. Customers can get medical diagnosis, advice, and prescription filled through these services. Not to mention, it saves the client money by eliminating copays. Another way that Stream Energy gives back to its clients is through Stream Cares. Stream Cares is the philanthropic arm of the company. Each day associates work to enhance it by looking for ways to give back to the community. Over the years, associates have become very passionate about the homeless community. Their goal is to give these individuals the things they need to enhance their quality of life. Partnerships with organizations such as the Hope Supply Co. and the Salvation Army prove that alliances make a positive difference. It doubles the organization’s ability to make a positive difference in the lives of those that are less fortunate. Combining the powers of supplies with funding is a great example of how partnerships work. The Hope Supply Co. aids homeless families by giving them supplies such as diapers, school supplies, and even clothing. Collaborate that with funding from Stream Energy and you extend the reach to more families and have the ability to sponsor an all day, all-expense paid waterpark event for the children. Children deserve to have fun. They should not have to miss out on good experiences because of adverse circumstance that are out of their parent’s control. Stream Energy is creating a world where generosity matters and makes a difference.
Shervin Pishevar is a respected American entrepreneur of Iranian descent. He receives great reverence because of some of his most successful entrepreneurial ventures. Shervin Pishevar is the co-founder of Virgin Hyperloop One, WebOS, JamCity.. He is also an angel investor in some of the renowned companies including Uber, Airbnb, Didi, and Ipsy among others.
Shervin Pishevar has been silent for long on Twitter up until February 2018. He took to Twitter with a series of 50, 21-hour long tweets regarding the current state of the U.S economy. In his first tweet, Shervin Pishevar expects that the U.S. market will experience a drop. He mentioned that “Some thoughts on financial storms I seeing brewing ahead. I expect 6000 point drop in aggregate in months ahead.” In addition, he backed his predictions with a couple of viable reasons.
One of the reasons for this drop is that the market has already given up all the gains of 2018, and this will trickle down to the gains of 2017. There is more. The Hyperloop One co-founder also tweeted “Rising interest rates, increasing credit account deficits and tax giveaways without matching service cuts lead to a descent into panic.” Clearly, these are some of the issues that will see the points drop.
— Shervin Pishevar (@shervin) June 26, 2018
Shervin rants on about the unattractive state of the economy saying that the bond market will also be affected, and it is not the safe haven that people perceive it to be. The current state of the economy leaves no room for safety, considering that every asset class is already overhauled. His advice to those in the bond market is that “Bond market is not as deep as well we think. Everytime bonds move so quickly in any direction, it ripples throughout the financial markets.” Safe to say, Shervin Pishevar tries to advise the American investors to try to look into other ventures and or opportunities. Opportunities that will not plunge the U.S. economy into a sorry state, but one that will help rejuvenate it.
It is not very often that people think of investing in a company that they believe will lose money, but this is exactly what the Chief Investment Officer of Kerrisdale Capital Management Sahm Adrangi does. Sahm Adrangi engages in a type of investing known as short-selling, which is essentially a way of saying he bets against a company. Sahm Adrangi is very careful about what companies he chooses to arrange a short sale attack on an does extensive research before making the decision to go ahead with his plans. Unlike most short sellers who tend to do this anonymously or by a Trojan Horse like attack, Sahm Adrangi makes the findings of the research completed by Kerrisdale Capital Management well known. He publishes his findings online and gives press conferences about the matters frequently. He specializes in certain fields like biotech, mining, and telecommunications. This time, he has set his focus on an online marketing company called QuinStreet.
QuinStreet earns revenue by generating traffic to the websites of the companies that they are affiliated with. By generating traffic, the affiliate can make money from the potential customers. Unfortunately for their clients and investors that jumped onboard the company when their stock price rose, this traffic may all be extremely bogus. The research that Sahm Adrangi produced suggests that QuinStreet is engaging in fraudulent business practices by generating traffic from bots as opposed to actual people. This means that their customers are paying them for services that they actually are not receiving. It also means that their investors were led to believe that QuinStreet is doing much better financially than they actually are. One of the things that made Sahm Adrangi question the validity of the traffic is the fact that most of it went to only one company. Kerrisdale’s findings how that QuinStreet is not a quality organization and their business model is riddled with flaws on a fundamental level.