Shervin Pishevar Tweetstorm Produces Widespread Commentary

Over a period of 21 hours, no less than 50 Tweets issued forth from the account of Shervin Pishevar, super angel investor and Silicon Valley legend. What all of those Tweets had to say created something of a media sensation. Part of the reason for that is that when Shervin Pishevar speaks, people listen. But also, what he had to say was often remarkable.

Take, for example, the way Pishevar unloaded on the famous business corridor that made his career — Silicon Valley. Mr. Pishevar said he thinks the best days of this California tech hub are behind it. He said that Silicon Valley has become more of an idea rather than a solid entity where big things have happened. Competition can now come from anywhere in the world as other global entities invest in and ramp up new centers of innovation.

Shervin Pishevar also discusses an issue that has been smoldering among social observers and economists. That issue is the growing trend toward underemployment. Pishevar noted that, more and more, people with high tech skills are finding fewer employers willing to hire them full time. Because of that, many folks with unique and valuable skills find they must work at other, more mundane jobs to make ends meet.

The value of stocks were another subject Shervin Pishevar expounded upon in his Tweetstorm. He put forward a rather dim forecast. The market is vastly overvalued, Mr. Pishevar said, and that we can expect a very significant downward correction. He mused that the stock market could drop by as much as 6,000 points before all is said and done.

He had similar warnings for the cryptocurrency Bitcoin. It also is wildly overvalued, Shervin Pishevar Tweeted. He thinks it will undergo a precipitous plunge in value, but also may stabilize at $2,000 to $5,000. Even so, Pishevar said he likes the idea of Bitcoin because it is a “stateless currency” and offers a unique financial vehicle entrepreneurs can leverage for startup opportunities.

A wide range of other topics were addressed by Shervin Pishevar in a Tweetstorm that has had wide-ranging consequences and produced considerable discussion.

https://b612foundation.org/members/shervin-pishevar/

HGGC takes the lead on IDERA’s $1.125 billion recapitalization

Recently, HGGC announced that it would be taking the lead on IDERA’s $1.125 billion recapitalization. According to the firm’s management, they have signed a definitive agreement that will kickstart the recapitalization of IDERA. The top middle market private equity firm, HGGC announced that it would be working closely with TA Associates who have been the owners of IDERA since 2014. Also, IDERA’s management will play a crucial role in this recapitalization move according to the private equity firm. IDERA is a leading database lifecycle and management solutions, provider. Besides, they also have a strong foothold in the applications development tools sector.

The great benefits

HGGC stands to gain a lot once the deal is completed as it will be IDERA’s controlling investor. Being a controlling investor means that this middle market equity firm will have a lot of say in the IDERA’s decision making. The management and TA Associate will also have significant stake ownership at the database management solutions company. IDERA’s pending add-on acquisition that is expected to close in the coming months is also part of the deal. Some of the funding in this recapitalization deal will go towards completing the add-on acquisition.

About IDERA

This company is based in Houston, Texas and its main business is the development of software that facilitates the designing, monitoring, and management of data systems by database professionals. This company also provides application development tools that facilitate the building, testing, and deployment of a wide range of applications. These application development tools are famous for being fast and efficient.

About HGGC

This firm is a popular middle market private equity firm famous for its successful ‘Advantage Investment’ approach. Currently, this firm has over $4.3 billion worth of capital under its watch. Additionally, this firm manages over 60 platform investments, recapitalizations, add-on acquisitions, and liquidity investments — all of this translate to over $13 billion in value. Under its famous ‘Advantage Investment’ approach, all the facets of the firm including founders, management, and sponsors work hand in hand to ensure its prosperity. This middle market private equity firm is located in Palo Alto, California.

https://craft.co/hggc

Rick Shinto and Penelope Kokkinides: Superior Leaders Serving InnovaCare Health

Rick Shinto is the CEO of InnovaCare Health. Modern Healthcare named him as one of the Top 25 Minority Executives in Healthcare in 2018. Mr. Shinto has more than 20 years of experience in the medical industry. After he served as an internist, he was a pulmonologist in Southern California. He was the VP at MedPartners where he was responsible for medical management. After his time at MedPartners, he served as a senior medical officer for Cal Optimal Health in Orange County, California. He then served as the operations manager and CMO at Pathways Management Center, and later he worked for NAMM California as the senior medical officer who was tasked with medical management. In 2008, he started at Aveta Inc. where he served as a manager and was later appointed to the CEO until the company was sold in 2012, which was the same year he was named Entrepreneur of the Year.

Penelope Kokkinides

Penelope Kokkinides is the Chief Administrative Officer of InnovaCare Health. Before this position, she was the Chief Operating Officer at the corporation. She has many years of experience specializing in government programs that include Medicare and Medicaid. In addition, she has experience in the managed care industry and expertise designing clinical programs, managing healthcare processes, and improving organizational infrastructure in the healthcare industry. Before she was the Chief Administrative Officer at InnovaCare Health, she was the Executive Vice President and Chief Operating Officer at Centerlight HealthCare. She was also the Chief Operating Officer at Touchstone Healthcare, Corporate Vice President at Care Management, and Disease Management at AmeriChoice. Ms. Kokkinides has a bachelor’s degree in biological sciences and classical languages from Binghamton University and a master’s degree in social work from New York University. In addition, she also has a post-master’s program advanced degree in substance abuse and alcohol.

About InnovaCare Health

InnovaCare Health is a privately-held health provider services organization that has an estimated 467,000 members. The organization’s serves clients through two primary divisions that include Medicare Advantage Programs and Provider Networks. The two major programs offered by the organization include MMM Healthcare and PMC Medicare Choice. Because of the organizations talented leaders, such as Rick Shinto and Penelope Kokkinides, InnovaCare Health was given the highest accreditation by the National Committee for Quality Assurance in 2011.

https://www.zoominfo.com/c/innovacare-health-solutions-llc/399228242

Why Sheldon Lavin Believes In Sustainability

The question everyone has today is whether or not sustainability will play an important role in their company’s bigger vision.

Sheldon Lavin, the CEO of OSI Group, has certainly had this on his mind. Due to the vision and heartfelt mission of Sheldon Lavin, OSI Group is now focused on sustainable food production long-term.

Every company seems to put the focus on the bottom line. While it is certainly one of the most important aspects of a business surviving, what the business says they believe in will also matter. Why? It’s due largely to the fact that this is really about what their customers think about and care about. Now, they can truly focus forward thanks to the cutting edge technology that they have invested in.

Read more on Crunchbase.com

It’s important that the largest food producer in the world makes it public that they are heading in this direction. They are perhaps one of the most innovative companies when it comes to food production. It may make sense that if you look back on their humble beginnings, as to why they put focus on the customers and what they care about too.

Sheldon Lavin has managed to carry this torch since the mid-70’s. Today, Sheldon Lavin is still focused on the expansion, growth, and now the sustainability of their food production. His foresight led him to direct the other leaders within the company to consider their best strategies, and any new technologies that would help them accomplish their goals.

The push towards being environmentally safe, and decrease their environmental footprint is on. Making the decision to focus on sustainability causes them to think through their processes and systems based upon that factor alone. Operational decisions are made with all of this in mind, and the company will continue to do so.

The company still faces change in the future, and major decisions all based upon the sustainability factor. OSI Group started when a German, immigrant family came to America with a dream of providing their community with the highest quality meats. Today, that dream is still alive thanks to Sheldon Lavin.

Check more about Sheldon Lavin: https://patch.com/illinois/chicago/sustainability-vision-sheldon-lavin-ceo-osi-group

Robert Ivy’s Thoughts on Professional Associations

Robert Ivy is the executive vice president and CEO of the American Institute of Architects (AIA), a professional association. There are many perks to joining a professional association and there are over 92,000 trade and professional associations throughout the United States. The difference between a trade and professional association is that a trade association represents entire companies and groups while a professional association represents individuals. Robert Ivy agrees with many of the advantages that comes with joining a professional association. He says that although there aren’t many architects, they have still been able to affect tax legislation through their organization’s dedication and commitment.

 

Professional associations can also be used as a sort of accreditation; before joining, it must be verified that you have a certain degree, license or other certification. It can also show current and future employers that you have leadership skills and accountability. It also means that you have taken the extra effort to stay up-to-date on innovations and other developments in your field. Robert Ivy and the AIA follow a certain code of conduct and expect their members to do the same. Members are held accountable for all their actions and future employers can see that you have a strong sense of commitment to your field.

 

Besides being an advocate for architects, Robert Ivy has recently been awarded with the Noel Polk Lifetime Achievement Award from the Mississippi Institute of Arts and Letters (MIAL). This award is given to a Mississippi-connected individual who have, throughout their lifetime, been able to either support art, create art, or perform in exceptionally wonderful ways. Being a native of Mississippi, this is received as one of his greatest achievements, especially because an architect has never been given the reward.

 

Robert Ivy has been the CEO if AIA since 2011 and since then, he has been able to increase their membership to the highest it has ever been. He is also an author, a practicing architect, and editor.

Why Aloha Construction Should Be Your First Choice for Roofing and Siding

Aloha Construction, Inc. is a leading general contracting firm that serves the whole of Illinois and most of Southern Wisconsin. They are renowned for being leading experts in roofing and siding. Founded in 2008 by Dave Farbaky, the firm has a decade’s worth of experience in the construction industry. Here are a few reasons why so many area residents trust Aloha with their roofing needs and siding jobs.

The company is recognized for its professionalism and integrity. In 2017, Aloha Construction bagged the prestigious the Better Business Bureau Torch Award for Marketplace Ethics. The BBB awarded the company for exemplifying the highest standards of ethics in their business practices.

Highly Trained Roofing Professionals

Among the company’s mission statements is the maintenance of a high level of integrity, professionalism, and honesty in everything they do. They ensure that your house is never entrusted to amateurs, which they achieve in two ways. First, every home they work on is rigorously inspected to find every issue that requires fixing. Secondly, every employee has to go through thorough training and be certified by the Vinyl Siding Institute.

Help With Financing

Sometimes homeowners lack enough funds for repairing their roofs. Aloha Construction believes that nobody should live with a leaking roof or damaged siding because they can’t afford to pay for the repairs. Aloha was named the “roofers who finance” in 2017 because they help their customers to figure out the most convenient and affordable payment options available. Thanks to a new partnership between the construction company and Synchrony Financial, you can now avoid the confusion and excessive costs of most loans and financing.

An Ethical Company That Supports the Community

Dave and the team at Aloha Construction feel that they are part of the community that has helped the company to become successful, and are continually looking for ways to give back. Besides sponsoring local sports teams and tournaments, Aloha construction also has partnerships with Camp One Step and the Illinois State University Athletics. The partnership enables children with cancer to enjoy summer camp activities, rather than failing to attend them.
https://www.homeadvisor.com/rated.AlohaConstructionInc.25270995.html

Sahm Adrangi and His Progressive Mindset

Sahm Adrangi went to Yale university and successfully earned his bachelors degree. He’s currently Chief Investment Officer Kerrisdale Capital Management. Sahm is also the founder of the company. Proceeding graduating from the Ivy League school he would enter the finance industry while Once he graduated, he held several roles and positions, in which he was a great help to many companies. Some of his objectives consisted of aiding creditors with bankrupt issues as well as other debts too. During 2009, He created Kerrisdale Management Firm. Motivated for the organization to prosper, Sahm Adrangi offers his leadership and help in all departments of the company. Ever since he started this capital management firm, hes become a renowned person in the investment banking realm. Sahm Adrangi often speaks publicly at various seminars and conferences, all throughout the year. He has remained the topic in several published literatures such as the likes of The Wall Street Journal and The New York Times. Spring of 2018, he guest spoke during a short selling seminar. The conference took place in the afternoon, at the New York athletic club. He lead speaker and elaborated on the subject of fraudulent advertising companies. The main factor of his speech was that theres a whole lot of illegitimate businesses globally that are taking illegal advantage of advertising dollars. Touching more on the topic, he mentions that when a fraud organization isn’t able to hide any longer, and are exposed; investors can take advantage of this opportunity. Sam Adrangi says that many investors across the globe can surely capitalize on these companies if they short sell when certain information is made known. He thinks that foreseeing these occurrences beforehand will lead investors to make the right decisions when it comes to certain stocks. Sahm Adrangi and his company believes in research based options and the thinking ahead when it comes to the stock market.

https://www.prnewswire.com/news-releases/sahm-adrangis-kerrisdale-capital-issues-negative-report-on-eastman-kodak-company-300594897.html

Dr. Mark Mckenna launch OVME after disaster

It is a very difficult affair becoming a successful entrepreneur and even harder when you have to deal with disasters. Disasters will break every spirit you of succeeding. This is what happened to Dr. Mark McKenna when he tried investing in the real estate sector. His investment was swept clean by Hurricane Katrina, forcing him to start life afresh. The positive thing with Dr. Mark McKenna is that he has never given up. Every time he encounters a challenge, he rises very fast.

Mark McKenna attended Tulane University School of medicine in New Orleans. He wanted to be like his father who was a successful doctor. He wanted to be equally successful and therefore did everything possible to accomplish the dream of becoming a medical doctor.

While still pursuing a medical degree, Dr. Mark McKenna invested in the real estate. He created a company known as McKenna Venture Investments. The investment gained ground significantly and even started bringing in some good returns. After completing his degree, he started working at his father’s practice and at the same time managing his real estate company.

In 2005, Hurricane Katrina hit New Orleans leaving widespread destruction. Among the assets that were destroyed were the investment that Dr. Mark McKenna had. After losing his investments to the hurricane, he decided to make a comeback in the healthcare sector. He realized that it was not prone to challenges like the real estate investment.

In the medical sector, Dr. Mark McKenna created ShapeMed, an aesthetic-based venture. He develops this venture over a couple of years, opening branches in different places. Life Time Fitness Inc later purchased it.

McKenna started OVME, an aesthetics business which allows patients to order for medical services as they order for a taxi via uber. OVME is utilizing the technological innovations of the current era to make health care affordable and available.

With OVME, it will be possible to order for medical services while at home. A patient will be able to video chat a doctor and consult the medical practitioner. A decision will then be made whether the services will be home delivered or one will have to visit the medical center.

https://www.bizjournals.com/atlanta/potmsearch/detail/submission/6453019/Mark_Mckenna

You Won’t Believe What Shervin Pishevar Has Said Now

The legend that is Shervin Pishevar has always been the kind of person who is more than happy to share his points of view with you. He has never shied away from doing so because he is often right in the kinds of predictions that he makes at any rate. Why would he be afraid to share when he has so consistently been proven correct in the long run? That is what the man himself must be thinking after a long string of winning predictions over the years.

The most recent set of predictions from Shervin Pishevar came via his Twitter account and pointed to a man who has not been riding the predictions wave that have been coming out of the mainstream media regarding the economy. Put another way, he has not been afraid to buck the trend of what has been going on with predictions out of analysts and others who make a living telling people mostly what they want to hear.

Shervin Pishevar has absolutely taken a different tact as he has been primarily interested in helping people understand that the economy that they think they are living in right now may not be the one that they are actually experiencing. That is to say that Shervin Pishevar firmly believes that we are all being duped into thinking we are in a much stronger economy than we really are. The reality of the situation if you ask him is that we could be doing much better economically. He thinks that the stock market is doomed for a twenty percentage point or greater drop, and he thinks that those who foolishly run to Bitcoin as an investment haven are going to get burned too.

The long story short version of what Shervin Pishevar has had to say is that he thinks we would all be better served if we stop with all of the mainstream thought on this subject and instead try to pay attention the fundamentals of the economy and if they really justify the prices that we have been seeing in things like the stock market lately. He argues that the obvious answer is no.

https://podtail.com/sv/podcast/this-week-in-startups-video/e629-hyperloop-tech-co-founders-shervin-pishe/

LOUIS CHÉNEVERT’S LIFE WITH UNITED TECHNOLOGIES CORPORATION

United Technologies Corporation (UTC) assembles state of the art jet engines globally for commercial and military usage as well as operating the biggest Escalator and Elevator Company. It’s impossible to miss the various plants run by their Aerospace Systems Unit producing aerostructures, brakes, landing gears, actuators, sensors and flight controls. The $63 billion industry headquartered in Hartford, Connecticut’s capital.

Louis R. Chênevert retired as the Chairman and CEO of the UTC in November 2014. He was the President and CEO from April 2008 and in January 2010 was elected as the Chairman of the organization. In March 2006 he became the Director of United Technologies. He also served as the President in Pratt and Whitney as from April 1999 to March 2006 after joining in 1993. Louis Chênevert was in General Motors’s St. Therese operation for 14 years as the Production General Manager.

He became a Senior Industry Advisor when he teamed with the Goldman Sachs Merchant Banking Division from 2015 to 2017. He is in the Business Council as a member and an ex-member of the US-India CEO Forum. Louis Chênevert is part of the Directors’ Board of Cargill Inc. as from 2011, was made the Chairman of the Congressional Medal of Honor Foundation in 2017 as well as Chairman of Yale Cancer Center’s Advisory Board. He got inducted as a Fellow of the AIAA (American Institute of Aeronautics and Astronautics).

Louis Chênevert went through the Université de Montréal, École des Hautes études commercial (HEC) and is a holder of a Bachelor of Commerce degree in Production Management where he got awarded with an Honorary Doctorate in 2011. Louis Chênevert is on the Board of Directors for the Friends of the institution as the Chairman, the founding director and the Chairman of HEC Montreal’s International Advisory Board.

While at UTC, he earned a compensation of $22,032,175 in total inclusive of a salary of $1,318,974, a $4,294,844 cash bonus, granted stock of $4,376,921, granted options of $11,774,710 together with a compensation of $266,726. He received the Honor Award from the National Building Museum in 2009, and he was named Person of the Year in 2011 by US aviation trade magazine.

http://www.courant.com/business/hc-goldman-sachs-louis-chenevert-20150909-story.html