Venture capitalist Shervin Pishevar embarked on a wide-ranging tweetstorm in February 2018. He expounded on the possibilities of the stock market, Bitcoin, startup companies, and monopolies, among other important topics. The key to Pishevar’s tweetstorm lies in his predictions that the market would dip in 2018.
As of the summer of 2018, these predictions have come true in a moderate fashion. Shervin Pishevar did correctly predict the fall in Bitcoin prices, though the drop has not been as severe as he warned it might be. “Gold will rise in response (to Bitcoin’s fall). Bitcoin will continue to crash but stabilize at 2-5k range and begin a more stable rise over the next 24 months.”
As far as stocks are concerned, the market has experienced a number of sell-offs, but the market has remained relatively stable. The 6,000 point drop that Pishevar predicted has not yet come to pass.
Pishevar touched on many other topics in his tweetstorm. He pointed to the resurgence of China, stating that its dominance in infrastructure could greatly influence the global business climate. He criticized infrastructure in the United States, claiming that “our infrastructure is in tatters, decrypt and decaying. Our government and companies are trapped in short-term thinking.”
According to Shervin Pishevar, technology innovation is moving overseas and Silicon Valley is losing its dominance. Shervin Pishevar warned of the five American tech monopolies: Apple, Amazon, Alphabet, Microsoft, and Facebook. He stated that these five mega-corporations stifled technology investment in the United States.
“Just like Ma Bell, these 5 giants have too much power, stifling startups,” he claimed. “Uber might be the last giant to eke out before it was too late.”
One sector of the economy that Shervin Pishevar is bullish about is space exploration. He pointed to the exciting possibilities of Elon Musk’s SpaceX and Richard Branson’s Virgin Galactic. He said that the companies would “suffer derision” until their core business was successful.
Shervin Pishevar has a unique and valuable perspective on the tech and financial worlds. While not all of his predictions have come to pass, it is worth keeping them in mind as the months go by.
David Zalik is the CEO and co-founder of the incredibly successful GreenSky Credit, a lender specializing in business loans used to help companies grow and homeowner’s achieve their dreams. This powerhouse company was operating from David Zalik’s basement where it has grown to boast a $3.6 billion dollar valuation. Today, David still owns over half of GreenSky Credit, which has propelled him to incredible wealth.
A Unique Approach
One of the reasons why GreenSky Credit is so successful is because of their unique approach to business. They are able to harness the power of third parties to do all of the labor-intensive work, while they are able to cash in on the profits from the endeavor.
In many instances, GreenSky Credit enlists the help of home contractors to market the loan to the homeowners. GreenSky then obtains funding from any of their 14 different partnering banks. GreenSky makes a profit from a percentage of the loan amount and also is paid a percentage of the yearly balance of the loan through the funding bank. Essentially, GreenSky is paid to service and generate the loans for the banks. They are the middleman between the homeowner and the bank while working through the contractor.
GreenSky Credit has managed to capitalize on a niche they created and has generated 1.2 million customers with unsecured loans since the company began in 2012. Estimates of performance by market experts predicted that the company would see in excess of a 25% profit margin, which is partially based on their performance in the last 5 years.
David Zalik’s vision for his company and a groundbreaking approach to lending has created a healthy environment for his company to continue to prosper. He started from humble beginnings assembling computers in college to working his way up to becoming a business visionary with his sights set on the future.
A few months ago, Shervin Pishevar decided to send out a few tweets regarding predictions and thoughts about what’s going on with the economy and other topics. The tech investor had a lot to say, sending out 50 tweets in under 24 hours. One of the things he took up several tweets with was the monopolies in the United States.
Shervin Pishevar identified five monopolies that have too much power:
At the top of the list is Amazon. Shervin went as far as comparing them to Ma Bell, a telephone company that held a monopoly in the United States for years. He warns that the five that we’re dealing with now are even more powerful, which makes sense.
Within months of Shervin Pishevar identifying the power that these monopolies have, including Amazon, there was news on Amazon. Alexa, the virtual assistant built into Amazon products such as Echo, was believed to be listening in on conversations. There was also a significant amount of fear as to what it might be recording and who was listening to the conversations.
While Amazon has done well at explaining that Alexa only records in order to carry out the tasks being requested, people are still hesitant to trust that Amazon isn’t using all of its power for bad.
What I look for founders and teams:
— Shervin Pishevar (@shervin) June 26, 2018
Additionally, there are a lot of businesses going out of business, including Toys R Us, that is naming Amazon as the reason why. The online superstore has even begun conversations about putting physical stores around the country to make it easier for people to get things.
How much power is too much power? Shervin Pishevar has brought up an interesting topic about the monopolies. If they are going to be allowed to wield the level of power that they are, when will we finally reach a point where they have too much power?
You have probably heard in the news in recent years all of the data breaches that have happened even with some major companies out there. They have been plentiful and rather annoying. They have caused many customers to have to check their credit card statements and more to see if they have at any point been hacked or had their information stolen by characters who only want to do them harm. This has put many companies on the defensive as well as they try to figure out ways to protect the information that their customers provide to them with the expectation that the information will be protected.
The need for better data protection is not exactly new, but it is something that is getting a bigger spotlight as of late as so many of these breaches have continued to occur. Today we take a look at one approach called multi-factor authentication (MFA).
It used to be the case that we thought that simple passwords could keep our information safe. We figured that as long as we knew the password that it would not really be possible for others to gain access to our treasured information. Only those who had been authorized to have that information would ever get access to it we thought. We could not have been more wrong about this. The reality of the situation is that we need to have multiple layers of protection if we want to get serious about protecting the information that we have been entrusted with.
Adding extra steps to a login process does create a little more work for the legitimate user of that information, but it also helps to make sure that they are not going to be the next victim of a hack. Having to take a few extra seconds to go through a second or even third layer or authentication can be well worth it when you weigh that against the risk of having your customer information hacked away from you entirely. Most people would opt to have to spend the extra time putting their information into the password system.
SMS text messages are one way in which some are establishing a means of protecting their passwords and important information. The system will only send a password reset to an approved smartphone that the owner can then use to get back into their systems. Put another way, the system can send a smartphone a temporary password that a person can use to log in in order to have the opportunity to reset their password once they are back into whatever it is that they needed to log into.
Security questions are another interesting alternative for those who might not own a smartphone or who might not have access to their e-mail. At the time that a person sets up their password they may also want to add on a few security questions in order to allow themselves to be granted access to the system. Those are questions that the individual should only be able to answer. In other words, they should be questions that only the legitimate user of the service would know the answer to. Then and only then have they stumbled upon the kind of questions that they can legitimately use for their security purposes.
OneLogin is a company that allows you to use any and all of the mentioned tactics above. They work closely with the industry trends to figure out exactly what kind of new tactics they might want to go about using in their MFA offerings. They always try to ensure that the tactics they put into their products are the latest ideas that have been invented.
Their systems have been set up to work well with every other system that is already in place. Thus, if a company wants to switch over to using this program they can do so without some of the headaches and bumps in the road that come with trying to put in a whole new program. OneLogin has worked very hard to try to help avoid that issue entirely, through the use of multifactor authentication.
Think of this as your access into a world of more corporate safety and a greater sense of peace of mind in a turbulent world. There are so many risks to your protected corporate information these days, but one of the best ways to keep it all safe is to have a MFA system in place that keeps it safe. You do not want your company in the news as the latest to be hacked into, and that means you have to work on your MFA plans right now. That is the only way that you can avoid even the chance of this happening today.
Do you ever wonder how the people on top made it up there? Well, through the study of some prominent people in the society, we may learn what mechanisms they use to get there. Louis Chenevert is among the recognized individuals who have surprised the world with the legacy he left in UTC. Louis Chenevert voluntarily retired in 2014.
Many questions came with his retiring. Why would he leave at a time when UTC was doing so well? It is worthwhile to note that no scandals or disagreements prompt his retirement. Chenevert wanted to have to time off from the busy cooperate world. He now has time for his family as well as attending to his interests like designing yachts.
Here are some factors that led to the success of Louis Chenevert;
Louis Chenevert is known as the king of acquisitions. When he was working at Pratt & Whitney, he observed the GTF engine and knew it had a great future. He organized the purchase of the engine immediately he became CEO of UTC.
The GTF engine is now being used in more than 70 aircraft and 14 airlines. It is preferred because it is eco-friendly and reduces the consumption of fuel.
Louis Chenevert also made history by closing the most expensive aerospace deal in the USA. He bought the Goodrich at $16 billion.
These acquisitions have significantly contributed to the prominence of UTC. It led to the firm being listed as the most profitable company in the state.
Investing in the Future Technology.
Louis Chenevert is a visionary. He led UTC to invest in the future. He argued that investing in the high innovation future technology would help avoid future economic problems in the state.
The future investments worked as Chenevert expected. The UTC is approximated to accommodate 25000 more employees and has more than 5000 new slots of innovation.
He was also concerned with the human capital. He says that one can only be successful if the team they are working with is aligned with the vision of the company. He advises other investors to focus on empowering their teams because as much as they may have great ideas, they need their team to evaluate them.
Super angel investor, Shervin Pishevar, is well-known as being the previous managing director and co-founder of Sherpa Capital. This is a venture capital fund that has invested in companies like Uber and Airbnb. He recently went on a 21 hour tweet storm that had some ominous predictions for the economic situation in the United States. Other predictions he has made regarding economics have proven to be true.
After a dramatic drop in the stock market in February 2018, Shervin Pishevar went on to post a variety of tweets that predicted bad things for the US economy. For example, he talked about quantitative easing. This is a process that central banks use to buy bonds. In the past, it is a tool that has been used to correct downturns in the market. However, Shervin Pishevar tells people to not be fooled by quantitative easing, basically saying that government bonds do not have limitless power when it comes to correcting the market.
In his 17th tweet, Shervin Pishevar said that inflation is dead. He said that the United States has been able to export its inflation for many decades and says that it never manifests itself in the way that people expect. He feels that under the current administration, uncertain trade deals are not going to help the situation.
He also addressed big funds. In his 14th tweet, he mentioned that when the market tanks, major CTA and managed future funds are taken out. He believes that there is a precedent to expect that big funds are going to bite the bullet.
These are just a few examples of the ominous predictions made by Shervin Pishevar in his 21 hour tweet storm rant. However, he did not only make bad predictions about the economy. He did say that there were some moonshots that would inspire good work. The exceptions to the rule included Virgin Hyperloop and SpaceX. Many feel that these predictions should be taken with a grain of salt, especially considering that Shervin Pishevar is one of the co-founders of Virgin Hyperloop. He mentioned that these moonshots are possible for smaller companies because of the decaying and decrypt infrastructure in the United States.
Matthew Autterson is the current chief executive officer and president of CNS Bioscience where he also sits as a board member. CNS Bioscience is a global medical organization which gives different innovative products. The company also focuses on clinical trials of life-altering medications. If the pharmaceuticals are approved, then the medical industry will have a new face and definition, especially for the people with paraplegia. However, the neuroscientific studies are still underway.
Matthew Autterson went to Michigan State University where he obtained his B.A in finance. After his degree, he joined University of Denver Graduate Tax Program. After his studies, he moved to Colorado where he has been a leader in business fields. Autterson also serves on the board of directors for Falci Adaptive Biosystems.
Falci Adaptive Biosystems is where Matthew Autterson philanthropic life is portrayed. His life is filled with kindness and incredible achievements. FAB is a non-profit organization which focuses on helping individuals with mobility challenges. The organization is equipped with individuals who are experts in technology and hence creates sophisticated and comprehensive human-machine interfaces that support the affected individuals to move and interact with other objects in their lives. Falci Adaptive Biosystems was founded by Dr. Scott Falci and has a management team of around ten people.
Matthew Autterson philanthropic initiatives have helped a lot of people in Colorado. It is for this reason and his achievements he is felt as one of the most influential members of the community.
Autterson has acquired vast experience in the financial industry as he has served for over 25 years. He has served in various organizations where he held different positions. He started his career journey by serving First Trust Corporation, a subsidiary of the Fiserv. Autterson also served in Resources Trust Company as the president which was later acquired by AIG. During his tenure in the company, he was able to generate a lot of wealth for the company, hence he is still respected as a remarkable leader to this day.
He played critical roles and responsibilities at Denver Zoo, Denver Zoological Foundation. Autterson also served as the chairman of the board of directors of Denver hospice. He has earned himself an excellent reputation in his country due to his incredible skills in management and his business achievements.His services to World Presidents Organizations and Young Presidents Organization gave Autterson an incredible platform to showcase his talents and intelligence. Read This Article for more information.
Colorado is home to many people. It is a state where people care for one another and still say hello to each other. Perhaps it is the spirit of the state that attracted Matthew Autterson to settle in when he attended school there. Autterson was attending Michigan State University to get his B.A. in Finance but was called to Colorado as soon as he was done. Something about the state captured his imagination. He attended the University of Denver to finish his education. It did not take long to land a good job and to make a life for himself in the state.
Most of his career involved finances. He was quite successful in that industry, which is one reason many Colorado business men and women look up to him, but his role in the financial sector is just part of what makes Autterson special. For one, Matthew Autterson is now helping to lead Falci Adaptive Biosystems. This company is focused on finding ways to help people overcome neoropathic pain, which is something Autterson became aware of when he held a position at the Denver Hospice.
People from many walks of life end up at this hospice, seeking help. It was there where he understood the importance of helping his fellow human beings. He was the Chairman of the Board of Directors of the Denver Hospice. The organization was able to do a lot for people under his direction. Autterson’s leadership was effective, but it was the hospice that inspired him to do more.
Many of the positions he’s held have inspired him. Autterson actually held a position within the Board of the Denver Zoo and the Denver Zoological Foundation. It was there where he learned how important is to educate others. This is the reason Falci Adaptive Biosystems is dedicated to being transparent about their work with customers. He knows that people are smart enough to understand the information put out by this company, which is something other similar companies fail to realize. Click Here for more information.
There is no telling where Matthew Autterson is going to set his eyes on next, but it’s going to be exciting. He seems to be the kind of person who is driven by his heart and love for his new state. Colorado is definitely lucky to have him along with all of its other productive citizens.
Bob Reina is a well-known entrepreneur in the marketing industry with his Talk Fusion, a technology-based video marketing company founded by him in 2007. While coming to his grand success in the life as well as industry, Reina says that the power of his dream took him to the success. He observes that when people wanted something very badly, they make a lot of hard work to achieve it. Whenever Reina was stuck with his ideas, his excitement and passion helped him to explore further and find solutions for various issues. He also thinks that when people have a dream and wanted to achieve it, they would think uniquely and look for realistic solutions – the way Reina executed his plans at Talk Fusion. Learn more: http://inspirery.com/bob-reina/
While coming to the company, Reina was combining almost two decades of direct selling experience and using it in designing its products. Talk Fusion launched with Video Email, the flagship product of the company targeting marketing sector. Interestingly, he says that his life changed after he was making a visit to North Carolina in 2004. When Reina wanted to send an email with a video clip, he was not allowed by the service provider – AOL – and this is where he conceived the novel idea of creating one.
The company was born with Video Email, and he wanted to create Talk Fusion as something built on longevity and innovation with a mission to change the lives of others. While coming to his network marketing days, prior to Talk Fusion, Reina faced several debacles including his phone bills going beyond his paycheck. But, Bob was not ready to give up and believed in hard work. Once he got the momentum, Reina and his team were unstoppable and produced greater results. When it comes to Talk Fusion, Reina says that the success was quick as he thinks that the team created the right product on-time. He adds that he followed the principle of every successful business: locate a problem and try to solve it with the best solution.
While coming to the education of Bob Reina, he earned his graduation from the University of South Florida and admitted into Tampa Police Academy. Though he was actively involved in the police service, Reina wanted to do something bigger and significant. In 1990, he entered into network marketing sector, and the decision changed his life forever. During the period, he worked for various clients and gained significant exposure of the marketing industry that helped him when founding Talk Fusion.
Bob Reina is also passionate about helping people around him and various communities. He is known for making a $1 million contribution towards the Humane Society of Tampa Bay and gave significant financial support to Yayasan Rumah Kehidupan, an Indonesian orphanage.
Writer/director M. Night Shyamalan is arguably one of the most polarizing figures in the film industry. While his initial movie “The Sixth Sense” was hailed as an instant classic, his later films have often rightly been criticized as being flat and predictable.
One movie that eventually became thought of as an underappreciated classic is the film “Unbreakable.” A clever deconstruction of the typical superhero film, the movie stars Bruce Willis, who discovers he can’t be killed after he survives a horrific train crash. The crash turns out to have been caused by Elijah Price (Samuel L. Jackson), a villain who has been causing accidents in hopes of discovering a hero worthy of being his rival. The movie struggled at the box office when it was released, but in recent years has been recognized as being a movie that was ahead of its time.
The movie “Split” was released in early 2017 and the unexpected twist at the end was that the characters existed in the same movie universe as the characters in “Unbreakable.” Shyamalan originally included the tease not expecting to do the sequel. But the success of “Split” made a follow-up film a good bet for the studio. So all the disparate threads will come together in the upcoming movie “Glass.” The film features “Split’s” Anya Taylor-Joy as well as Samuel L. Jackson and it’s reported to be the last of three movies Shyamalan has set in this particular story universe.
The director just previewed 12 minutes of footage from the film to the two studios who will handle distribution for the film. Universal will release the film in North America and Disney will handle international distribution. According to a tweet from Shymalan this week, the footage received a “very gracious reaction.”
While some studio executives have seen a bit of the film’s footage, it will be quite awhile before movie fans get to enjoy the finished movie. “Glass” is set to be released in theaters on January 18, 2019.