Sahm Adrangi’s negative report on The St. Joe Company

Sahm Adrangi has published a negative report explaining his short position in The St. Joe Company real estate project. The St. Joe Company is a real estate company that promised investors to transform a vast area near Panama beach into a tourist destination. The company has given a description of an attractive establishment that will attract retirees and lucrative businesses. However, the investment guru, Sahm Adrangi thinks otherwise.

According to his research, the St. Joe Company will not be able to build houses that justify their 1 billion dollar valuation. The land they plan to build on is far from the beach and located in a swampy area. The actual land scape is a direct contrast of the beach described in the company’s pitch.

The sellside assumes that approximately 2700 home sites and 400k square feet are sold every year. This paints a picture of St. Joe Company properties one of the top selling properties in the country. However, in reality there is minimal development going on on the ground. Building department inquiries are close to none and permit fillings are almost non-existent.

In his report, Sahm Adrangi said that long term investors who have waited for long to reap the benefits of their investment should prepare to wait longer for that to happen. As at now, he speculates that the company’s share are worth 40% less than what they were. This decrease in share value is also catalysed by the SEC limitations which make it difficult to liquefy equity holdings.

Sahm Adrangi is the founder and president of Kerrisdale Capital Management, LLC. Kerrisdale is an investment company that focuses on fundamentally oriented investments. Their aim is to help their clients benefit from their investments in the long term. In line with their mission, they also specialize on event driven situations.

Before founding Kerrisdale, Sahm Adrangi worked as an investment analyst with Longacre Fund Management. He had an opportunity to analyse investments worth over 1.2 billion. He analysed and researched both credit funds and equity funds. This helped him sharpen his strength in analysing investments.

https://www.amazon.com/Legends-Leaders-Hedge-Funds-Finance/dp/B073DMGJTN

Shervin Pishevar Charts America’s Tragic Course

Shervin Pishevar is considered to be one of the most influential venture capitalists in the world today, and as the co-founder of Virgin Hyperloop One, as well as Sherpa Ventures, he has made a career of identifying and investing in upstarts that would eventually rise to prominence, becoming globally recognized brands. Companies such as Airbnb, Warby Parker, Slack, Rapportive, Dollar Shave Club and Rap Genius were all recognized by Shervin Pishevar for their enormous potential long before they became mainstays in the eyes of the general public. The graduate of the University of California, Berkeley initially studied in the field of molecular cellular biology, making the transition into the world of entrepreneurship shortly after college after realizing the potential within himself to flourish in this field. Due to his stellar set of credentials, the world often pays close attention when Shervin Pishevar speaks, as he usually takes to Twitter to deliver his perspective regarding the general state of the market and the future of the American economy.

In his glorious return to Twitter, after a short layoff, Shervin Pishevar touched on a number of topics that are due to change the climate of America, including the future of the stock market. During the delivery of his succession of tweets, which spanned 24 hours, he stated that the stock market would soon experience a 6000 point drop off. With the stock market currently in flux, which has been occurring since the early part of the year, this prediction seemed wholly feasible, but not many people saw the 1000 point loss that followed. Losing 500 points in just 30 minutes, the entirety of the market began relinquishing its perceived safety, which had been consistently championed by the US President, Donald Trump. Shervin Pishevar immediately addressed President Trump following the Dow Jones’ substantial loss, tweeting that “Presidents should not be cheering the stock market,” and following it up with a hashtag named “TrumpDump,” which quickly caught on throughout the Twitter community. If Mr. Pishevar, who has been correct on so many occasions regarding financial issues, is correct, the United States is in for a number of drastic changes.

http://nymag.com/selectall/2016/10/the-kink-in-elon-musks-hyperloop.html

Joao Pessoa Native Roberto Santiago: The Brazilian Mall Tycoon

Legendary, visionary Brazilian entrepreneur Roberto Santiago was born in Joao Pessoa, Brazil. Now he has made the city of his birth one of Brazil’s most socially and economically vibrant areas by building the spectacular Manaira Shopping Mall there. The 92,000 square feet mall has 11 movie theatres, a rooftop concert hall, hundreds of stores, a large gaming area with all the latest games, a huge food court with everything from fine dining to a wide variety fast food options. There’s even a bank, a gym and a college in the mall. Building it has made Roberto Santiago a much beloved figure.

 

After attending Pio X-Marist College and the University Center of Joao Pessoa, Roberto Santiago got a degree in business administration. He then worked as a popular blogger and went on to start a very successful cardboard box company. The company developed innovative ways to transform cardboard into attractive decorative objects that tourists loves. Santiago then went on to work with Café Santa Rosa where he got even more experience in business management and customer service. In 1987, he began buying the land in Joao Pessoa to build the Manaira Shopping Mall. The mall opened in 1989.

 

One of the most popular attractions in the mall is the two-story, air conditioned, soundproof, roof-top concert area called Domus Hall. Added to Manaira Mall in 2009, Domus Hall has a state-of-the-art sound system, can hold 10,000 patrons and has setting accommodations for 4,000. The upper floor has private cabins while the lower level is where the biggest events are held. The hall is large enough for concerts, musical festivals, conferences, exhibits, graduation ceremonies, weddings, fairs and huge parties. Domus Hall has hosted incredible concerts featuring top musical acts from Brazil and all over the world attended by thousands of people.

 

With the success of Manaira Shopping Mall, Roberto Santiago has gone on to build the Mangeira Shopping Mall which opened in 2013. That mall is also located in Joao Pessoa and attracts people by the thousands daily. So many people regularly make their way to Joao Pessoa, a growing number of corporations and businesses are opening branches in the city. Santiago has thanked the people for supporting the malls. He also has a plan to open malls in some of Brazil’s most popular cities including Rio de Janeiro and Sao Paulo. Many have begun to call Roberto Santiago the Brazilian mall tycoon.

 

Santiago has enjoyed great success and many people in Joao Pessoa see him as a local hero. He has improved the quality of life for a growing number of people in the region. These malls act as an economic engine and social and recreational centers for millions of Brazilian people.

 

Scott Rocklage and His Amazing Career

Scott M. Rocklage is highly known for his over three decades of experience that he happens to hold in healthcare management. Throughout all of his experience, he has been able to proudly obtain FDA approval for three U.S New Drug Applications. These three drugs happen to include Teslascan, Omniscan, and Cubicin.

Throughout his career, Dr. Rocklage has been able to obtain many achievements, some of which include being the CEO and Chairman for Cubist Pharmaceuticals, CEO, and President of Nycomed Salutar, along with also being able to serve on the board of Pulmatrix and Epirus.

All of these positions played a key role in helping Dr. Rocklage to be able to further his career.

The main beginning to his career, however, was when he attended the University of California and proudly was able to receive his B.S in Chemistry. After having achieved that, he then went on to be able to achieve his Ph.D. in Chemistry through the Massachusetts Institute of Technology. Learn more about Michael Lacey: https://www.twst.com/bio/scott-m-rocklage/ and http://chemistry.mit.edu/scott-rocklage-phd-2-and-his-wife-patty-are-celebrated-their-major-gift

It was at this point that he decided that he wanted to try and take his career as far as he possibly could and try to achieve as much as possible.

Currently, Dr. Rocklage is mainly based in an office that is located in Boston, MA. He holds an incredible record of having invented or co-invented more than 30 U.S patents. Read more: Scott Rocklage | Angel and Scott Rocklage | Crunchbase

Though Dr. Rocklage may not have been able to achieve everything during his career, he is one leading businessman that has been known to have inspired many people through all of the hard work that he has put into his career throughout the years.

The Frontera Fund Provides Support to Pro Immigration Organizations

Immigration is a contoversial issue for millions of American people. This is especially true for people who reside within the southwestern part of the United States.

Immigration is a very important American value. There is an old saying that America was created on the backs of immigration and that statement is very true.

Historically speaking, the first immigrants to this country came from Europe. When the America’s belonged to the Native American people, the European settlers were the first immigrants to this country.

Once the European settlers made the America’s their home; more people began to arrive from different parts of Europe.

By the time America became an independent nation, thousands of people had traveled over into this territory. After America had been established people from all over Europe and other parts of the world began to arrive in this country in droves.

They came from France, England, Netherlands, Scotland, Germany, Sweden, Finland, Ireland, Scandinavia and Spain. African people were not immigrants because they were forced into this country. Read more: Jim Larkin | Angel.co and Jim Larkin | LinkedIn

However, a few African people were able to live within the United States as free people instead of remaining in their homeland. Hungary, Poland, Greece and Italy also sent lots of immigrants into the U.S.

America is a pro-immigration nation. The worse thing that any person, group, organization or leader can do is to go against this American tenant. Immigrants are not evil people.

While all of them might not have the best intentions for coming to this nation, many of them are good people who want a better chance in life. America is the world’s greatest country and people want to be here for a reason.

The Frontera Fund is a funding source that supports pro-immigration organizations. The money that is given to these groups is used to help them to organize, pass policies and to disseminate information. Many pro-immigration groups rely on funding sources to stay in operation.

The Frontera Fund works to serve pro-immigration groups in the state of Arizona and within other parts of the nation. Once these organizations receive the funding they need they will then be able to help immigrants find a new life in America.

Learn more about Michael Lacey and Jim Larkin:

Jim Larkin

Notable Civil, Human and Migrant Rights Support Groups

Every now and then human rights violations reports feature in media outlets from all around the world. This prompts well-meaning individuals to come together to set up organizations to help people whose rights have been violated. Learn more about Lacey and Larkin: http://james-larkin.com/about/

Such groups also help in educating the perpetrators and the general public at large on the need to defend and protect civil, human and even migrant rights. Some of the most common forms of human rights violations may include racism, discrimination on the basis of gender, and police brutality.

Some of the most outstanding organizations that have stood the test of time in being steadfast in fighting for the respect for human rights have been enumerated below.

The American Civil Liberties Union

The American Civil Liberties Union is one of the longest-running human rights organizations out there. The American Civil Liberties Union was founded in 1920 and over the years they have been involved heavily in the defense of civil rights and freedoms in the United States.

The American Civil Liberties Union does this by working closely with other institutions including the lawmaking institutions, arbitration institutions, and the society at large in a deliberate and conscious effort to defend and preserve the individual rights and liberties which are expressly enshrined by the laws and constitution of the United States. Read more:

Having operated for almost a century, the America Civil Liberties Union has been closely involved in championing a number of significant human rights causes.

Some of the most significant causes may include achievement of full equality for Lesbian, Gay, Bisexual and Transgender (LGBT) people, ending mass incarceration, preservation of the universal suffrage principle of everyone’s right to vote, and creating privacy protections from extensive government surveillance.

Lacey & Larkin Frontera Fund

The Lacey and Larkin Frontera Fund was set up by Michael Lacey and Jim Larkin in a deliberate and conscious effort of helping civil rights, human rights, and immigrant rights groups that operate in the state of Arizona.

The $3.75 million fund was established as a result of a settlement of a lawsuit that was filed by Lacey and Larkin versus Maricopa County for violation of their First Amendment rights by the County Sherriff Joe Arpaio. The media personalities finally prevailed in the Court of Appeals where they were awarded the money as settlement of the case. The duo decided to establish the fund using the money. The fund will also support groups that advocate for freedom of speech.

Read more: Michael Lacey | Twitter and Michael Lacey | LinkedIn

George Soros Helps To Turn The Open Society Foundations Into A philanthropic Giant

The world is filled with different types people, and the failure of one community to be welcoming to another because of the different religious or cultural practices serves as a recipe for conflict. Karl Popper believed that countries should enact laws and stipulations that are designed to prevent conflict between the majority and minority communities.George Soros took over the belief of fairness, and he is working hard to ensure that the conflict that exists in the world due to the oppression that is extended upon people is brought to an end. George Soros started engaging himself in philanthropy long before he established the Open Society Foundation. George Soros started his charity work by supporting South Africans who were subjected to Apartheid in 1979. He was angered by the fact that people were being subjected to oppression yet they were in their own country. It was quite absurd that the minority in the society denied their rights by the minority.

Apartheid in South Africa led to the death and torture of many people, and it is George Soros who helped to fund the uprising that was led by Nelson Mandela. For George Soros, he supported the fight for independence, and he did this through the financial support that he offered ANC, which was the main ruling party at that time. The Open Society Foundations has engaged itself in many other philanthropic activities. The major ones include establishing the Central European University once the Berlin Wall was brought down and encouraging the exchange of ideas between Communist Bloc Countries.In the recent years, the Open Society Foundations has helped to advance the fight for the respect of same-sex marriage, and it continually offers financial support to all groups that support gay movements. George Soros sees this as a way of promoting the freedom of ideologies.

George Soros believes that no one should be subjected to think like all people in the society just because a particular person in power does not associate with the ideas of the minority. At the moment, George Soros is 85 years old, but his struggle to ensure that there is complete fairness in the world has not faded. He directs much of his financial capability toward ensuring that the Open Society Foundations supports all the other groups that have the vision of empowering those who are oppressed in the society.George Soros has been able to make a legacy for himself to the point that he is a highly admired philanthropist in the entire world. George Soros has committed himself toward ensuring that whole society is tolerant and open to the suggestions of other people. George Soros is basically one of the biggest financial givers of the 21st century. Many billionaires exist in the world today, but George Soros has out-shined all of them through the support that he is offering other people. Even more, is the support that the Open Society Foundations is offering to agencies that encourage cohesion all over the world.

Madison Street Capital’s most successful deals

Madison Street capital helps businessmen and women all over the world to make positive progress in their businesses. It offers financial advice, credit access and crucial investment decisions. The respect that the firm has held up to date was earned through success in helping successful businesses across the world.

Vital Industries is an Illinois based company which has been in production of sterile medical equipment since 1984 that was supported in 2014 by Madison Street Capital to get a loan. The role of Madison Capital Street on this deal was to look for a suitable lender and this made the Vital Industries Chief Executive very happy about this success.

Anthony Marsala who is the Madison Street Capital’s Chief operating officer and holds a master’s degree was selected for a forty under forty award in 2015 by the National Association Valuators and Analysts. Marsala has a 14 years’ experience in valuations and hard work and this made him stand a chance to be considered for the award which honors young entrepreneurs.

The M&A advisor Award which was held in 2016 summer was another harvest time for Madison Street Capital. The companies which make successive financial and acquisition deals are honored through this award and MSC was named as a finalist and was nominated as the top investment banking company.

Madison Street Capital has continued to prosper every year and in January 2017 it won a Turnaround Award. The Award featured more than 300 firms and MSC scooped the award having played a significant role in restructuring transaction which was estimated to be below $25 million last year. Read more: Charles Botchway | Ideamench

The M&A Advisor’s president commended Madison Street Capital in March this year at a function which was held at Palm Beach Hotel.

So far this year MSC has carried out successful merger between DCG Software Value and Spitfire Group, it helped ARES Security Corporation which is a security software company as a sole advisor for an investment transaction and in March 2017, Madison Street Capital as the financial advisor together with SCF Realty Capital helped Maryland’s WLR Automotive Group in a deal.

Being in the business for over 12 years, Madison Street Capital is a member of Financial Industrial Regulatory Authority. The firm provides financial advice, merger and acquisition services, financial and valuation services to either public or privately owned businesses.

Madison Street Capital has been very helpful to their clients since they have invested in a staff that understands the needs of the clients and never hesitate to provide their advice on any financial problems that may be facing clients at any given time.

The customer carte of this company is up to the tasks and is always ready to help the clients.

Learn more about Madison Street Capital Reputation:

https://pitchengine.com/madison_street_capital/2017/01/04/madison-street-capital-acts-as-advisor-in-the/002519188290269682183

Lacey and Larkin Dedicated to Protecting Human Rights

Every human being is entitled to rights which protect them from vices such as discrimination and bias based on issues such as immigration status. Several international organizations have come up to ensure that these rights are protected.

One such organization that fights for human rights is the Coalition for Humane Immigrant Rights (CHIRLA). The California based organization focusses on immigrant rights. The organization started as a local organization but has grown and is now recognized nationally.

The group acts as agents focusing on actualization of the right to free movement for everyone without discrimination. They are doing this through morphing public opinion and whilst changing the policies for human and immigrant rights, and human rights.

This group was started after the 1986 Act; Immigration Reform and Control Act. This particular Act outlawed the hiring of workers who are undocumented which was exploiting immigrant workers.

Another organization with similar objectives of protecting human rights is The Advocates for Human Rights. This organization provides free legal services to low-income asylum seekers in Minnesota, North Dakota, and South Dakota. They have established a National Asylum helpline which connects detained families with the necessary legal advice. Read more: Michael Lacey | Crunchbase and Jim Larkin | LinkedIn

The organization is supported by volunteers, partners, and competent staff to attain internationally acceptable standards while strenghtening the law. They’ve been championing for human rights for over three decades.

The Amazon Watch also protects human rights. This nonprofit organization was established in 1996 and is based in Oakland, California. Its main focus is to protect the rainforest and advance the rights of the indigenous peoples in the Amazon area.

The organization has found that partnering with indigenous groups in Peru, Brazil, and Colombia aids in the struggle for human rights and preservation of Amazon’s ecological systems.

The American Civil Liberties Union is another organization dedicated to defending the rights and liberties guaranteed by the constitution. The ACLU as it is commonly referred to has almost a million members with a budget of over $100 million.

The organization is active in over 50 states and provides legal assistance in cases where civil liberties may be at risk. The legal help they offer can be in terms of direct representation or as friends of the defendant.

The Lacey and Larkin Frontera Fund was set up by journalists Michael Lacey and Jim Larkin from the settlement they got as compensation for unlawful arrest. The two journalists were arrested in October 2007 by Maricopa County Sherriff, Joe Arpaio, in very strange circumstances.

They were taken from their homes in the middle of the night and jailed for exposing the sheriff and evil going on in the county. Learn more about Jim Larkin and Michael Lacey: https://angel.co/michael-lacey-3

The two journalists who were keen on defending their First Amendment rights sued the county and won the case. They got a settlement of $3.75 million which they dedicated to funding migrant rights organizations throughout Arizona.

The fund that they established supports not only groups that fight for human, civil, and migrant rights, but also those advocating for freedom of speech and civic participation.

Nathaniel Ru Talks about Sweetgreen’s Success

Most of the time, co-founders exaggerate their company’s success, but that’s not the case with Nathaniel Ru’s Sweetgreen. Sweetgreen is a masterful creation that combines healthy and fresh with organic and local, and that’s not just about the food. Although fresh ingredients are a big deal at all 40 Sweetgreen locations, they also focus on the customers just as much.

When the trio of co-founders started Sweetgreen, they wanted to create something totally different. They achieved this by looking at what other restaurants did and starting from scratch. Their idea quickly grew into a national high-end salad chain, backed by several big-name investors.

The advantage to opening a restaurant these days is having better technology. When Sweetgreen first opened, they were one of the first restaurants to embrace online transactions. To date, almost one-third of their transactions occur online or through a mobile app. It was important to Ru that the company embrace technology.

The trio also approached management differently. Neither of them were fans of big corporate headquarters. Corporate headquarters removed the personal connection with customers.

Sweetgreen is all about making the customers happy with more than just salads. To achieve their dream, the co-CEOs created their own form of management.

At least five times a year, they shut down most of their offices, and all of their employees take turns working in the restaurants. It’s a brilliant way to say closer to customers and allows the co-CEOs to grow the company the way they want.

From the start, Sweetgreen found success. The fact that Nathaniel Ru, Jonathan Neman, and Nicolas Jammet met set them up for success. All three men’s parents were also successful entrepreneurs, and the trio met in an entrepreneurship class at Georgetown University. Sweetgreen’s success was just a matter of time.

At least, that’s what it looks like. Back then, the boys had no idea what would happen. After graduation, they noticed a lack of healthy food options in the Georgetown area. It only made sense to start a health-based restaurant near campus. Despite a rough winter break, their first restaurant survived the first year.

That first year showed them that they could overcome anything. Eventually, that made them think they could continue running the company by themselves. They learned they should’ve built a team sooner rather than later.

Read more: Sweetgreen Founder Interview – Nathaniel Ru | Business Insider