Eric Lefkofsky is a successful American businessman from Southfield, Michigan. After graduating high school, Lefkofsky attended the University of Michigan. He then continued on to the University of Michigan Law School, where he obtained his Juris Doctor in 1993. Once he was out of college, Lefkofsky and a college friend, Brad Keywell, borrowed money to buy a clothing company, Brandon Apparel. They then continued on to create an online company, Starbelly that specialized in promotional products. Since then, Lefkofsky has founded or co-founded 13 companies, including: Mediaocean, Groupon, Tempus, Innerworkings, Uptake, Lightbank, and Echo Global Logistics.
His companies span multiple industries, such as e-commerce, marketing, technology, and even healthcare.Beyond his working ability to create successful business, Lefkofsky is highly involved in improving the community. With his wife Liz, Lefkofsky founded the Lefkofsky foundation in 2006. This is a charitable foundation with a focus of improving quality of human life. The initiatives of the Lefkofsky foundation focus on ensuring equal access to education, equal rights for women, medical research, as well as expanding cultural initiatives.
In 2013, Lefkofsky and his wife also became members of The Giving Pledge, a public commitment to donating most of their wealth to the philanthropic causes.In addition, Lefkofsky is on the board of directors at the Children’s Memorial Hospital in Chicago, The Museum of Science and Industry, The Art Institute of Chicago, and trustee of Steppenwolf Theatre Company. He is also a board member of World Business Chicago. Eric Lefkofsky is not only a successful businessman and entrepreneur, but a philanthropist that enjoys contributing to his community.
Stream Energy is an energy selling company, and they are known for their direct selling of energy. The direct trading of their products is distributed at a low cost and has helped them to engage in other businesses among them the sale of electricity, gas, wireless, and home products which they deliver at an affordable price. The profits that the organisation make does not only help them engage in other businesses, but they also carry an excellent course in the community which is assisting the less fortunate in the community.
The Hope Supply Company is one of the non-profit organization which has been working hand in hand with Stream Energy to realize their responsibility in the society. Together the two groups have been helping people around Dallas and Texas. Stream Energy and Hope Supply have been offering food, clothing, and shelter to the disadvantaged in the society. The company recently funded more than 1000 children to visit Waterpark in Dallas as apart of an event which was organized by Hope Supply Company. The energy supply group later established Stream Energy Cares Foundation which will now be the charity arm for Stream Energy. The company currently has the responsibility of offering quality energy services as they help the community.
Creating a philanthropic department in the organization was the best decision. As the firm delivers their services, they get to give back to the community which in return earns them respect, and loyalty of possible customers. Ever since the foundation of the Stream Care Foundation, they have been able to build a strong relationship with other organizations among them Red Cross, Habitat for Humanity, and corporate as well as employees who have been of great help when it comes to grassroots giving. Stream Energy through their charity foundation they have been helping Dallas veterans together with their families with both financial and moral support. At one point Stream Care Foundation treated the less fortunate military veterans by paying for their transport and lunch at a Texas restaurant. Stream Care did not only handle the military veterans but their children were also treated in an event organized by the charity arm of Stream Care, and it was named American Girl Doll Experience for ten daughters of the military veterans. The firm continues to deliver quality services as they help the community.
Market America is a product brokerage that’s been around since 1992. Because of their over two decades of experience, the company has currently worked with over half a million independent distributors who sell products using the M.A. platform. The company likes to call itself the “Unfranchise” because it is allowing people to become their own business owners selling other companies’ products without the hassle of owning a local franchised store. The company is found in America, Canada and Singapore, and they have plans to expand to both Africa and Europe in the next few years. Over 650 people work for Market America in their worldwide offices helping entrepreneurs just like you to get started with their website packages. You can earn a few hundred dollars each month once your site is successfully marketed to the public.
The company works exclusively with affiliate manufacturing corporations to design, create and distribute product lines ranging from pet health products to automotive care detailing kits. The product lines include AutoWorks, Pet Health, Isotonix, Royal Spa and Snap. Independent distributors can pick and choose which products they want to sell on their websites depending on your own interests and customer needs. Many distributors will choose several product lines to sell to have a more well-rounded website and to increase their earning potential. Products can also be found on Market America’s own website, Shop.com. Distributors will be required to pay $100 a month to keep their sites active online.
Along with paying a fee to keep your site active, you’ll need to attend seminars and conventions both locally and online. If you fail to attend several seminars in a row, you will be considered an inactive distributor and can lose the rights to your site. For this reason, it’s essential that you understand what is required of you as a distributor of Market America before putting money into a website package. When you purchase a website package from the company, it will include a domain name, hosting and website builder. The site will also have all eCommerce plugins available to make it easy for your customers to purchase the products.
Kerrisdale Capital is a highly regarded investment management firm based out of New York City that is known in the financial industry for providing great value-oriented investment choices. The firm specializes in investing in the area of public securities. Kerrisdale Capital’s founder and Chief Investment Officer Sahm Adrangi is one of the most respected figures in the financial industry today. He founded the firm in 2009 and has been instrumental in building Kerrisdale into the powerhouse that it is today in the financial industry. Sahm Adrangi has become a name that investors trust in regard to his opinions on stocks. Recently Sahm offered his opinions regarding three company’s and did not hold back regarding the issues that he sees as apparent.
The first negative report published by Sahm Adrangi and Kerrisdale Capital was in regard to the company Proteostasis Therapeutics Inc. The company is a biopharmaceutical firm that is in its early stages of development. The new firm is deriving its market value in regard to a new drug that it is developing called PTI-428. The stock price for Proteostasis shot up 100% upon the new drug being granted the designation as a Breakthrough Therapy by the FDA. Kerrisdale Capital’s independent research has shown that the drug does not do what it claims to and the firm is, therefore, unable to put any faith in the current valuation of the company regarding its current stock value.
The second negative report put out by Sahm Adrangi is in regard to the St. Joe Company, a real estate firm that is currently working on the development of a property in Panama City Beach Florida. This is a project that has been ongoing for years now and still appears to be nowhere close to completion. The fact is that the lands that much of the property is situated on are swampy and remote and it is unclear how the St. Joe Company will be able to develop them into anything close to resembling the $1 billion mark that the firm’s current valuation sits at. Kerrisdale Capital has called in valuation into question and made it clear that it is not one that the firm has any faith in.
The third negative report file by Sahm Adrangi and Kerrisdale Capital is in regard to internet marketing firm QuinStreet Inc. Sahm has noted that the company has a shown very concerning behavior and that the company is generating capital at the expense of its clients and publishing false and misleading information regarding its value. Sahm and the team at Kerrisdale Capital are unable to back the company with their seal of approval.
The technology and investment specialist, Shervin Pishevar has been strangely silent in recent months for a man well-known for being forthcoming with his opinions. However, the early investor in Uber and former head of the Virgin Hyperloop One project returned to the Twittersphere with a vengeance when he embarked on a 21-hour outburst about a range of different economic and political subjects. Among the ground covered by Shervin Pishevar were his thoughts on the state of the U.S. economy, infrastructure projects, and the importance of cryptocurrency in the near future.
Cryptocurrency has been a subject close to the heart of Pishevar in recent times and his latest prediction showed his deep understanding of the history and future of the Bitcoin market. The current state of the Cryptocurrency markets is seen as an issue with a sudden crash already underway for Bitcoin; the crash will be followed by a market offering less volatility and a steady rise in value for the next 24 months.
The 50 Tweet marathon of messages included some scathing words for politicians in Washington D.C. by the member of the J. William Fullbright Foreign Scholarship Board who sees the failure to secure trade deals as a problem for the bonds market. During the barrage of Tweets, Pishevar predicted more than a 6,000-point drop in the U.S. markets would be followed by the Bond’s Market attempting to rebound quickly. A lack of new foreign trade deals as the U.S. ignores its traditional allies and trade partners would leave the Bond’s Market with few partners remaining to deal with.
Turning his attention to what Shervin Pishevar described as the crumbling infrastructure of the U.S., the friend and business partner of Elon Musk and Sir Richard Branson singled out the two entrepreneurs for praise. However, the Tweets of Shervin Pishevar then stated those working on infrastructure projects who ridiculed the work done by SpaceX and Virgin Hyperloop One were short-sighted about the work being done by a small group of hard-working professionals.
As the price of Bitcoin keeps dropping, many people are beginning to put stock into the grim predictions of entrepreneur Shervin Pishevar. Over 2 days in early February, Shervin Pishevar took to Twitter to deliver his thoughts and opinions on the economy both in the United States and globally.
Delivered through 50 tweets, the 21-hour tweet storm left a lot of people shaking their heads. With predictions from the crash of bitcoin to the rise of China, there were a lot of concerning and controversial topics covered during Shervin Pishevar’s rant. The early investor in Uber has been correct in many of his predictions in the past so many aren’t taking what he’s saying lightly.
One of the huge concerns that were addressed in Shervin Pishevar’s Tweet storm is the problems with the infrastructure in the United States. For decades residents of the US have spoken about the crumbling infrastructure such as bridges and roads along with the problems in public transit that plague many cities. He brings up an example in China where they managed to build an entire train system in just 9 hours due to proper planning and execution. With efficient construction times like this, it’s difficult to understand why many of the US infrastructure projects tend to take months and sometimes even years to complete. While other global powers are focused on long-term goals, the United States and their businesses are stuck only focusing on the present and immediate future by only thinking in the short term.
He does later go on to explain that there are exceptions to the rules, but they are very rare. Shirven Pishevar brought up Elon Musk and the great success he has had with the Space X and Virgin Hyperloop programs.
Due to the US’ obsession with short-term prospects, projects on these scales are generally hard to get off the ground as many companies lack the willpower needed for them to succeed. To keep the US from crumbling in the future, action needs to be taken now.
When it comes to big business there is a general feeling out there that these companies are only concerned with their bottom line and the needs of the community are only important as it pertains to increase profit margins. However, as is the case with any generalization, there are always counterexamples that can be pointed out. Such is the case with Stream Energy, an energy, wireless, protective, and home services company based out of Dallas Texas. Stream Energy has a commitment to protecting and giving back to communities that comes from the philanthropic culture that exists at every level of the company.
For example, in 2017 the Houston area was devastated when Hurricane Harvey hit the area. Thousands were left homeless and hundreds of businesses were forced to close their doors as almost 4 feet of water came pouring down on them in only a few days time. Stream Energy was quick to respond by giving thousands of dollars out of their own profit margin to get emergency relief to those affected. It was after this disaster that they started the Stream Cares foundation as an organization dedicated to philanthropic ventures nationwide.
Stream Energy has a long history of working with charitable organizations like The Salvation Army, The Red Cross, and Habitat for Humanity. One area where they are particularly vigilant is the homeless problem. They have a long-lasting partnership with the Hope Supplies Company and cosponsor an annual event called Stream of Hope where over a thousand homeless children from northern Texas are given an all expenses paid day at the water park. The kids get to have a day of play without thinking about their situation while the parents are given supplies and money to help ease their burden.
Another instance of Stream Energy’s charitable work happened during the winter of 2016 when a handful of tornadoes touched down throughout northern Texas. The damage was extensive and people were left homeless. Stream Energy sprang into action with an employee-driven fundraiser that the company matched. This gave tens of thousands of dollars to the desperate community and helped get residents back on their feet.