Kerrisdale Capital Management is an investment management company that was founded by Sahm Adrangi who also serves as the Chief Investment Officer. The firm focuses on mostly event driven special situations and long term value investments. Kerrisdale Capital has a short position at a company they previously gave a negative report, Proteostasis Therapeutics. This is a clinical stage biopharmaceutical company that discovers and develops therapeutics to treat among other diseases, cystic fibrosis. One such novel therapeutic is their lead product, PTI-428.
In claims refuted by Sahm Adrangi’s Kerrisdale Capital, Proteostasis claims that PTI-428 works uniquely by increasing levels of messenger RNA and protein correspondence to the gene CFTR. They supposedly performed a clinical trial that showed the drug meaningfully improved lung function as compared to placebo. In response, Sahm Adrangi and Kerrisdale Capital argued that these results were not wholly true. This is because the patients who received PTI-428 did not necessarily react extremely good to it, but rather the patients on placebo reacted poorly. On the other hand, CFTR mRNA and protein are very scarce in even the airway epithelium, further proving the drug is not as effective as Proteostasis claim because it would not be easy to measure favored biomarkers.
Sahm Adrangi has been with Kerrisdale Capital Management since founding it in 2009. Kerrisdale Capital Management is based in New York and makes value-oriented investments in public securities. He had previously held various positions in other companies. Among them, he was an Investment Analyst at Longacre Fund Management, LLC, Analyst at Chanin Capital Partners and Analyst at Deutsche Bank. Sahm Adrangi is a graduate of Yale University, where he received a Bachelor of Arts in Economics in 2003. He is widely known for exposing fraudulent companies and action against these companies taken by the Securities and Exchange Commission. Under Sahm Adrangi, Kerrisdale has published reports on specific sectors it acquaints with like mining, telecommunications and biotechnology. He is also a known activist, speaker and has as well appeared in interviews at Bloomberg and CNBC.
Jed McCaleb is an American programmer who turned to become an investor and an entrepreneur. He has been investing his time and money with cryptocurrencies, and even developed a new stance on blockchain technology. He also established the world’s first Bitcoin exchange called Mt. Gox, and this invention has branched into several other startups. He has been involved in a lot of tech projects which harnesses the potential of cryptocurrencies. One of the projects that he worked on was eDonkey, and it was a huge success. It is also one of the first programs that have implemented a procedure allowing multisource downloading.
Looking at the potential of the cryptocurrency industry, Jed McCaleb decided to venture into another business, and established Stellar in 2014. Stellar aims to connect businesses together, and the program developed by Jed McCaleb is helping a lot of entrepreneurs around the world. Stellar has been updated to allow the implementation of smart contracts, and there are still developments that will be implemented in the next few years. According to Jed McCaleb, one of the reasons why he decided to create the Stellar Network is because of the flaws that he has noticed in the global banking system. He is hoping that through the program that he created, these flaws will be addressed and more people will be putting their trust to programs like Stellar.
Being the co-founder and the CTO of the Stellar Development Foundation, Jed McCaleb is making sure that the company is still working to accommodate the demands of the industry. He is also creating other programs and applications that would support the company that he created. Jed McCaleb is known for his applications and programs that are helping the business community. Entrepreneurs and business people are welcoming his new approach in making the business industry a much better place, and he knows that in the future, the computer systems and applications will be a huge part of the industry.
Presently, Jed McCaleb is enjoying the role that he has in his company. He is also encouraging everyone to become a part of the Stellar Development Foundation, and he stated that they can harness their talents in programming by joining the company.
Troy Mcquagge is the Chief Executive Officer of the US Health Group. Troy was born in the city of Panama in Florida. Troy graduated from the university in the central Florida in the year 1983.He studied Business administration at the institution and he had high hopes of securing a job after his graduation. Troy was optimistic that he would prosper in his life thanks to his good career.
Mcquagge was able to secure a job the same year at an insurance company namely the Allstate insurance company. Troy joined the department of students in the year 1995 after being a member of the United Insurance Companies. Troy demonstrated an excellent performance and leadership style while at the department.
Troy was named the president of the insurance agency two years after being exemplary in his leadership. While at the United Insurance Company, Troy equally demonstrated good skills as he executed duties that his bosses did not think he could handle. Troy worked at the insurance company until it was purchased by private owners in the year 2006.
The private investors retained Troy due to the experience he had acquired in leadership management at the company. Troy was appointed as the sales manager overseeing efforts that were being placed in the development projects. He was tasked with managing the new company’s ideas. The company was nicknamed the Health Market’s Group.
The premium sales increased during his reign to 1 billion dollars in the year. The insurance agency won an award under his stewardship due to the financial muscle which had been placed in the company’s hard work. Troy joined the US Health group company in the year 2010 where he was appointed as the company’s president and chief executive officer.
Troy also served as the company’s vice chairman and the marketing officer. Troy has been instrumental as the company has been instrumental in attaining high profits. Troy has gained over 34 years of experience in the marketing, health insurance among other fields over the years. The entrepreneur has been recognized by various organizations for his tremendous work that he has undertaken while at the company. Troy received the CEO World Award while at the USHealth Group. The award is normally awarded to the best world leading company where the executive has been innovative.Check more: https://www.corporationwiki.com/Texas/Fort-Worth/troy-mcquagge/67287003.aspx
Everyone has dreams of starting their own business and becoming a successful entrepreneur. That’s exactly what Doe Deere has achieved. Doe Deere was born and raised in Russia. She came to the United States when she was 17 to fulfill her dream of becoming a musician. Her music career did not take off as planned. She then started her own fashion line on eBay, which was unfulfilling. Doe’s passion for a bold and exotic look ultimately lead her to create her own whimsical beauty product line called “Lime Crime.” She named her product line “Lime Crime”, as green is her favorite color. Lime Crime has achieved enormous success since 2008. At a young age, she was always fascinated with fantasy and mythology. She said that when she grew up, she wanted to be a mermaid. Doe always had a love for fairy-tales and makeup ever since she was a child. The beautiful colors and creations that come along with fantasy, has fueled her inspiration for creating the brightest shimmering colors. She has always loved to wear bright exotic hair colors and whimsical glittery makeup. Unfortunately at that time, bright hair color and sparkling makeup were not available, so being the creative entrepreneur that she is, she invented her own beauty product line. All of her products are 100% cruelty-free and vegan. Doe loves animals and donates regularly to animal rescue organizations. Her products are far from ordinary and traditional. Doe’s product line includes; vibrant multicolored lipstick, dazzling eye shadow, eye-catching highlighter, exotic hair colors and gleaming stick-on nails. She believes that beauty should make us happy and we should not be afraid to express it. Her product line is desired by many who love to stand-out from the crowd. She has been named one of the Top Inspiring Female Entrepreneurs by Self-Made magazine. Doe states that her products have everything the consumer needs to look and feel like a bright beautiful unique unicorn. The Unicorn logo on her products stands for beauty, individuality, and kindness to all animals. She loves feedback from her customers and refers to them as her “unicorns.” Doe passionately cares about her employees and attributes her continuing success to having a dedicated staff. She also believes that a positive attitude is the key to success, as well as following her intuition. Doe is an inspiration to many female entrepreneurs, encouraging them to always follow their passion and to dream big. Learn more: http://limecrime.tumblr.com/