Kerrisdale Capital’s Sahm Adrangi Releases Negative Report

Kerrisdale Capital’s Sahm Adrangi Releases Negative Report

Sahm Adrangi, Chief Investment Officer of Kerrisdale Capital, released a negative report on QuinStreet, Inc to explain why they’re shorting QuinStreet’s stock, QNST. QuinStreet is a web advertisement firm that provides new potential customers who are shopping for the product that the affiliated website is selling. QuinStreet claims that these leads are high value, while most of the traffic comes from fake traffic and users working for “swagbacks”. Swagbucks is a website that rewards users with gift cards for tasks they complete. These tasks often involve going to certain websites and clicking around on the page to generate traffic, despite the user not being interested in anything the website is selling.

Adrangi claims that there is nothing to set QuinStreet apart from its failing competitors. Their technology is out of date, their affiliated websites are moving to greener pastures, and their business model.

Sahm Adrangi outlines a system of phony traffic to websites in QuinStreet’s network. The phony traffic generates revenue for QuinStreet while costing their affiliated websites. Adrangi further states that their whole business model is flawed. He also points out that key members of QuinStreet, like its CEO and CFO, have already began selling their shares.

From their out dated business model, clunky technology, and utilizing fraudulent traffic to increase revenue and deceive their customers, Kerrisdale Capital has shorted the company and believes it will fail.

Founded in 2009, New York-based Kerris Capital manages over $300 million in investments. The private firm focuses on long-term investments as well as event-driven situations.

Sahm Adrangi is the Chief Investment Officer of Kerrisdale Capital as well as its founder. He earned a bachelors degree in arts and economics from Yale University. He worked at Chanin Capital Partners where he advised creditors in Chapter 11 bankruptcy restructuring. Before founding Kerrisdale Capital, Sahm Adrangi worked at Longacre Fund Management as an investment analyst for both the equity and credit fund.

http://www.zerohedge.com/news/2017-05-09/kerrisdale-capital-reveals-latest-short-selling-target-will-it-be-next-straight-path

Jason Hope-The Hope for Aging

Jason Hope-The Hope for Aging

Jason Hope was born in Arizona and grew up in Temple.He is a hugely successful entrepreneur and investor.He likes helping his community and has an intrest in technology.He graduated from Arizona State University where he got an MBA and a degree in Finance.Jason Hope is one of the biggest and best contributors of the SENS Foundation.SENS is short for “Strategies for Engineered Negligible Senescence.” Its a nonprofit organization and regenerative medical research foundation that is based in Mountian View, California, United States. It does research programs on the affects of aging on the body.Jason Hope has donated half a million dollars to the SENS Foundation to help in the funding of they’re research.

Jason explained why he is so passionate and caring about supporting SENS and its goals.He states”Foundations like SENS are taking a diffrent approch to anti- aging. They are focused on finding cures for disease that break down the body and thus cause us to age faster than we normally should. Disease like Alzheimer’s and heart and lung disease affect all fuctions of the body.Traditional medicine looks at treating these diseases after they happen.We want to focus on stopping these diseases from ever happening again.” Jason Hope has made several big donations and has been actively supporting the foundations research with his time and money.

Jason Hope is a strong supporter of local educational programs that encourage learning inside and out of the classroom.He also supports organizations,such as SENS, that have a significant impact on disease prevention,control,and cures. Jason Hope is a great entrepreneur who many trust for advise and who really benefit from his generous donations.He is kind and friendly and tries to put his hard earned money into helping us all. His donations have helped many in the fight to cure dieases that plague us today.He even helps in the educational fields with his donations.Everything he sponsors and puts his money into is for the good of all people. Weather its contributing to fighting disease or helping by donating to the educational field,Jason Hope is truely making a difference. In his aging contributions its not about living forever but living better and living disease free and its people like Jason Hope who will help get us there.