GreenSky Credit and Skilled Executives

David Zalik has accomplished a lot in his field so far. His achievements began when he was still extremely youthful, too. He’s a mathematical genius who skipped high school studies in favor of higher education. He went to Auburn University. That’s where Tim Cook went, too. Cook happens to be the Chief Executive Officer at Apple. Zalik was merely 14 years in age when he enrolled at Auburn. He emulated his dad by majoring in math. He established a company on his own right after beginning college. This was called “MicroTech Information Systems.” This firm put computers together. It managed computer sales as well. Zalik now resides in Atlanta, Georgia. He’s in charge of yet another business that has done a lot. It’s known as GreenSky Credit. GreenSky is a Fintech firm that’s making waves all throughout the United States. It gathered a whopping $50 million in September of 2016. Zalik is in his forties right now. He’s a Chief Executive Officer and co-founder who has significant ownership of GreenSky Credit. He owns 50 percent of the business at the minimum. He’s classified as being a billionaire as well.

GreenSky Credit aims to strengthen commerce, credit and payment with the assistance of advanced technology. It strives to give all users sophisticated and streamlined journeys. GreenSky helps businesses of all kinds expand. It helps them give all of their customers happiness, too. The company collaborates with more than 12,000 merchants right now. It has given its time to approaching two million smiling customers. It’s handled more than 12 billion loans. Zalik has been the head of GreenSky since back in 2006. That’s the year the company came into existence in the first place. He’s enjoyed mentions in many famed publications in the United States. These include Forbes, BusinessWeek and even the Wall Street Journal. He’s married to a lady who is named Helen. They have three wondrous daughters, too.

The GreenSky Credit executive team includes various other key figures. It includes Chief Administrative Officer Gerry Benjamin, Chief Risk Officer Tim Kaliban, Chief Technology Officer Jerry Bartlett and Chief Legal Officer Steve Fox.

https://www.greenskycredit.com/

Sahm Adrangi of Kerrisdale Capital Offers Negative Report on The St. Joe Company

Real estate companies have one of the great performers of the current bull market. However, one investment expert believes that a particular billion dollar real estate company is vastly overvalued. That investment expert, Sahm Adrangi of Kerrisdale Capital Management, recently issued a negative report on the real estate firm The St. Joe Company.

According to a negative report issued by Kerrisdale Capital, St. Joe are only worth a fraction of the current market valuation. Sahm Adrangi lays out a couple of factors leading to the negative report on the real estate firm. According to the report, the largest shareholder of St. Joe, Fairholme Fund, will be forced to sell some of their shares due to SEC liquidity rules. Second, one of the real estate firm’s biggest projects, Bay-Walton Sector Plan, remains stalled. Finally, recurring revenue from St. Joe’s commercial development is not materially contributing to the company’s bottom line.

The report from Kerrisdale Capital goes on to state that St. Joe does not appear able to develop its current land holdings in a way to justify the company’s $1 billion market valuation. Current shareholders, according to Sahm Adrangi’s negative report, have been waiting years for St. Joe to develop their land projects.

Given that St Joe is facing roadblocks to further development and the eventual force selling from the Fairholme Fund, Kerrisdale Capital believes that the real estate firm is worth 40% less than its current market valuation. In the report, Kerrisdale Capital revealed that they have a short position in St Joe and stand to gain financially if the company’s stock falls in value.

Sahm Adrangi is the founder and the Chief investment Officer of Kerrisdale Capital Management LLC. Since 2009, Kerrisdale Capital has grown from $1 million in assets under management (AUM) to over $150 million AUM. Prior to the founding of his own investment firm, Mr. Adrangi has been employed at Longacre Management, Chanin Capital Partners and Deutsche Bank. Mr Adrangi holds a Bachelor of Arts in Economics from Yale University.