Sahm Adrangi is one of the most prominent investors in the United States today. He is well-known for being the founder of the Kerrisdale Capital Management, an investment and financial firm that he established back in the year 2009. He presently holds the position as the company’s chief investment officer, and he enjoyed positive coverage by the media throughout his career in the business and financial sector. Sahm Adrangi knows how to handle finances well, and he managed to earn a huge amount of profit from investing in volatile investment options. He stated that he always wanted to invest in these kinds of investment options because they give a huge profit.
Due to his knowledge in managing finances, many people who wanted to become successful in the field of investment is approaching him for help. The Kerrisdale Capital Management has been dealing with a lot of clients who wanted to invest their money in the company. They are hoping that Sahm Adrangi will be able to increase their money’s value through investing it in risky investment options.
Sahm Adrangi is also known for protecting his clients from scammers. Recently, the Kerrisdale Capital Management released an official announcement advising their clients to be cautious when it comes to transacting with third party companies promising easy wealth. In subsequent reports, Kerrisdale Capital Management released the name of the company, naming them as QuinStreet. Sahm Adrangi warned his clients about QuinStreet and asked them to become more cautious when dealing with the said company.
It is believed that QuinStreet’s strategy is to send the unsuspecting clients of the Kerrisdale Capital Management an email asking them to click on a link that they have embedded within the letter. If the unsuspecting client clicked the link, they will be directed to a page that could steal their information. Another possibility would be the processing of funds directly to the page of QuinStreet, giving them more money to use for fraudulent transactions. Sahm Adrangi has already contacted the authorities to do further investigations regarding the accusations about the fraudulent transactions coming from QuinStreet, and they stated that they would do anything to protect their clients.
This is a financial technology firm based in Atlanta, Georgia, with over 1.7 million satisfied customers. Established in 2006, the firm provides technology to merchants and banks to make GreenSky credit to clients for healthcare, home improvement, solar and other uses. State-chartered financial, federal -chartered financial and federally-insured provide financing for GreenSky credit programs. For four years starting from 2012, the GreenSky credit program had lent out almost $5 billion.
The firm is among the fastest growing lenders in the US, making it easier for clients to access bank loans through a paperless and quick process. By the year 2016, the firm had partnered with 14 banks which included SunTrust Bank and Regions Financial Corporation, who offered GreenSky credit to over 12,000 clients, ranging from individual contractors and retailers such as Home Depot, Inc. through GreenSky mobile app or online platform. Apart from marketing the loans to homeowners, these contractors pay the firm 6% of the amount borrowed. The 14 partner banks pay GreenSky 1% of the amount annually to service and generate them. GreenSky is among the few profitable modern-day middleman firms with minimal risks in existence.
About David Zalik
Even though Zalik had limited education when he was growing up, today he is among the extremely rich executive lot. He is the co-founder of GreenSky, LLC, which was previously known as GreenSky Trade Credit, LLC. Zalik serves as the chairperson of the board of directors, and also serves as the firm’s CEO since its inception in 2006. He is also the Chief Executive Officer and Chairman of Board of Directors of Outweb Inc., a company he helped to establish in 1999. David Zalik also co-founded other firms such as RockBridge Commercial Bank, Resource Institute and Phoenix, LLC.
Zalik previously served as a member of the board of Marcus Community Center, Hands on Atlanta and the Jewish Federation of Greater Atlanta. Zalik was also a Director of RockBridge Commercial Bank. For his effort in the business world, Zalik has won various awards such as the 2003 Catalyst Entrepreneur Of The Year Award, and 2000 Abe Schwartz Young Leadership Award. He was also a finalist for the 2016 EY Entrepreneur Of The Year Award in Financial Services.