Dr. Mark McKenna is a medical doctor hailing from Tulane Medical School. After graduating, he practiced medicine for five years in his father’s general practice. While in medical school, changes in the billing and reimbursement process affected his father adversely, and he realized that it would not be easy to make a lot of money as a medical doctor. Following this conclusion, he worked in prisons at night checking the prisoners and made $50 for every hour. He used his money to invest in real estate and continued investing even after graduating from medical school.
He built the real estate investment in New Orleans to over $4 million, but on the wake of the Katrina Hurricane, he lost his investment overnight. Following the hurricane, there were significant government subsidies where investors would buy flooded property very cheaply, renovate and later sell it. He was able to rebuild his investment. In 2007, Dr. Mark McKenna sold his real estate investment for $700,000 and moved to Atlanta alongside his girlfriend.
In 2018, Dr. McKenna opened a new medical aesthetic center in Atlanta. OVME pronounced as of me is a retail medical aesthetic that shall provide personalized services to its clients. It will provide skin and facial services such as injection with neurotoxins that gives one a youthful look. OVME will also offer dermal fillers that will make lips appear plumper and fuller, help clients with male baldness and loss of hair and introduce a new solution to weight management by analyzing the DNA of a client. Dr. Mark McKenna is committed to helping his patients look better and feel better about themselves. OVME will incorporate technology and move away from the ‘one size fits all’ concept.
Shervin Pishevar is not bullish on the American economy. In a recent “tweet storm,” the venture capitalist predicted an economic downturn in the near future, including a stock market crash and a loss of the nation’s supremacy in the field of technology.
In one of his most dire predictions, Shervin Pishevar believes that the American stock market could drop 6,000 points in a matter of months. Such a drop would erase the recent gains of the stock exchange, which topped 26,000 in January of this year, and represent a decline of around 20 percent in total market value. He further tweeted that the bond market will not necessarily be the place to invest if stocks fall. In another tweet, he predicted a collapse in the Bitcoin phenomenon, with the cryptocurrency later regaining its value.
With regard to the high-tech industry that has so long been dominated by the Silicon Valley, Shervin Pishevar expressed belief that this leadership will soon take a back seat to the rest of the world. He attributes this decline to the fact that technological developments can today be achieved almost anywhere.
In his a positive prediction, Shervin Pishevar believes that economic inflation is a thing of the past, with the increase of the cost in products having largely been transferred to other countries. He attributes the decline of American inflation to changes in trade arrangements. He also expressed hope that the world will eventually develop an economy that is “efficient” and operates in a “frictionless” manner.
Born in Iran, Shervin Pishevar came to the United States as a child and would later in his life play an important role in the creation of more than 60 companies. He was directly involved in the establishment of the venture capital firm Sherpa Capital. In four consecutive years, most recently in 2017, he was named to the Forbes Midas List of venture capitalists.