Sahm Adrangi is an entrepreneur located in the United States. He got his education in the same location and advanced in economics. Through his education, he has gained experience and knowledge which has enabled him to work with several companies. He uses his skills to analyze the investment value of different companies and the credit value. The analysis of the companies has been of help in restructuring and reformation
Currently, Sahm Adrangi is the head and founder of the Kerrisdale Capital. In this company, he uses it as a channel to help people and different organizations to get the credibility value of their investment ventures. Through this business, he has been able to work with various companies giving them both positive and negative reports.
One instance is the negative report given by the Kodak Company. Eastman Kodak Company was started in the late nineteenth century. Over the years, it has tried to improve his credibility by trying to make digital filming and digital photography better through digital printing. However, there are several issues that hold the company’s growth.
Kodak Company is seen to have negative growth value according to Sahm Adrangi. The credibility value of the company seems to fail as it is doing things out of action. The company purchased the KODAK Coin and Kash Miner which according to him are signs of desperation. They are quick moves to try reviving the company without reasoning on the cause of action and reparations.
Moreover, the gross leverage of the company is ranging at a high rate than the previous years. Sahm Adrangi sees this as a sign of a collapsing company which will require restructuring to stabilize. This is because the cash value of the company is lower than expected to make the company have a lower credibility value.
The company is seen as a scam because it uses other ventures as the support system to control the company. For instance, the use of Blockchain technology is a risk to the company. As known, Blockchain can disrupt a lot of security systems which the Kodak Company is not ready to prevent the extent of the damage if it occurs. In the long run, Sahm Adrangi sees the strategy as the cause of credibility loss of the company.
GreenSky, LLC, is a company which helps consumers get quick approval of a loan through a large number of lenders. They offer an online financing platform where people can get approved for loans in minutes. They offer a variety of payment plans and most people are approved for a loan. They offer loans up to $55,000 the merchant involved in the loan receives 20% of their money up front.
This company was founded by David Zalik. He is the chief executive officer of GreenSky, which he founded in 2006. In his role as CEO he works with the sales and marketing teams, is involved in product development, and oversees the risk management team. He has been an entrepreneur virtually his entire life, having launched his first company, MicroTech Information Systems, when he was just 14 years old.
One example of what GreenSky offers is a person wanting to have a $20,000 make-over of their kitchen but not having the cash on hand to do so. If the contractor does business with Greensky they can potentially offer low-expense financing. All they would have to do is scan the barcode on the homeowner’s license and within a minute they could have a loan offer that has already been approved. This could include an offer of no payments or interest for the first year.
Under David Zalik’s leadership, GreenSky is now valued at $3.6 billion. His company is based in Atlanta, Georgia, and it is now ranked third in America for privately held financial technology businesses. There are only two other similiar firms that are ahead of his company and those are Stripe and SoFi. He prefers to stay out of the limelight and has only conducted one interview which was done by Bloomberg.
David Zalik says that the average consumer who gets a loan from his company as a FICO score of 760. His company’s target market is people who need loans for the sake of convenience, such as wanting a home remodel. David Zalik says they stay away from those who are overextended when it comes to what they owe as these people make for a poor chance of the lender being paid back.