It is factual that employees need a plan for their voices to be heard. A whistleblower steps in to report fraudulent activities. He or she also introduces safety precautions to help secure the lives of employees. A whistleblower has to be courageous to and take a stand in a grievous situation. Such are the characteristics of Sahm Adrangi.
Adrangi is prominent for selling as well as publishing research. His research highlights views on stocks and corporate markets. He is the CIO of Kerrisdale Capital Management. Having started the firm in 2009, he has been participating in a myriad of developmental projects. Today, the firm that was established through a capital of $1 million is worth $150 million. Other objectives Sahm Adrangi has include researching stocks to help businesses make the right investment decision.
Adrangi’s Report on QueenStreet Inc
When a situation in an organization escalates to whistleblowing, it means that the insiders are not engaged in an internal dialogue. It can also mean that the employees or clients are not being heard. For that reason, it becomes fundamentally critical for workers to rely on a whistleblower. Recently, Sahm Adrangi blew the whistle on QueenStreet Inc. QueenStreet Inc has made hefty profits of late. However, these profits come from one client. That raises questions because even though the company can perform well, it is rather strange that the money comes from one client.
Protecting Clients against Fraudulent Firms
It is also unsafe for clients to flock to the company and ask for contracts just because they have seen that Queen Street Inc is making huge profits. As such, Sahm Adrangi has questioned the root of these profits by stating that QueenStreet Inc is not established enough to make that kind of money. And even if it is, isn’t it rather strange that the money comes from one person?
Adrangi has worked for many companies before founding Kerrisdale Capital Management. Some of them include Chanin Capital Partners and Longacre Management. In both companies, he worked as an analyst and was in charge of overseeing the commercial dockets. Adrangi has helped many clients evade companies that could turn out to be harmful.
The best way to be successful is not to find a great business idea and find a place to get a market and move there. Well, it is good advice, but there is better advice on how to make money. That is to produce a great product. Initially, people thought that starting a bottled water company was the worst idea ever. Why would people spend on something that they could acquire freely? Years later, the industry is worth $100 billion around the world.
Walking to the grocery store, you see a variety of water bottles, such that it is hard to decide on the best to take home. What adds to the confusion, is the many adverts that come with the flooded market. Some floss of their excellent purification process, while others flaunt about the refreshing power of their products.
The Waiakea water is among the best water products in the market. The water is processed in Hawaii. The products of Hawaii are associated with natural products. The other thing that the consumers love is that it is pure volcanic water.
The Waiakea water has also taken the initiative to see that their water bottles do not contribute to the littering of the environment. The problem with the water bottles is that they are purely inorganic substances, meaning they could take thousands of years to decay. The accumulation of the water bottles in the environment is what is destroying the environment. The Waiakea has launched a water bottle that will only take 15 years to decay. The new Waiakea water bottle will also be 100% recyclable. The water bottle will help in reducing the damage the bottled company has been causing.
Besides, the Waiakea water being refreshing and being eco-friendly, the company is also concerned with the welfare of the community. The Waiakea water uses three percent of their income for charity services. This is not all; they also donate clean water for a whole week to Malawi for every litre of water that is purchased. This is why drinking Waiakea water makes you both a humanitarian and an environmentalist, which are cool traits to have.
Michael Hagele is a California-based investor and corporate counsel who work in the technology industry. He graduated from University of Iowa with a B.A and also has a J.D from University of California, Berkeley. Currently, he acts as a counsel for technology firms in industries such as internet, defense, biotechnology and aerospace. He invests in startups tech firms and has further funded and founded multiple businesses in the restaurant and hospitality industries.
Michael has extensive experience drafting, negotiating and closing technology development agreements and licensing distribution in both international and domestic internet, software, telecommunications and hardware fields. Before his current practice, Michael Hagele served as the general counsel for several internet companies where he was managing legal affairs including corporate governance, intellectual property strategy, stock plan administration, employment issues and merger & acquisition activity. He previously worked for the Silicon Valley offices in Fenwick& West LLP, where he was stationed at the Licensing & Online Commerce Group. Learn more about Michael at Crunchbase.
He started his own practice after realizing that smaller practices enabled him to serve clients better. For him, this approach has helped him offer affordable yet high-quality level services for his technology clients. His mindset when it comes to business surprises many. He believes that the best outcomes are derived out of a process entailing challenging assumptions, iteration and incorporating news ideas and opportunities as they present themselves. Michael believes tenacity is the key when it comes to bringing ideas to life. One of the habits that have made the corporate counsel productive as an investor is putting the client first.
He insists this is the most effective habit any entrepreneur irrespective of the industry they have invested in should embrace. His ability to turn ideas into reality lies in his ability of never giving up. Artificial Intelligence together with its varied applications is one trend that really excites the corporate counsel. It has not just made him an accomplished investor and advisor, but also provided him with evidence to justify his works. He encourages business owners to use social media as a vital tool for growing their businesses, since social media offers an easy way for business to connect with clients.
Michael Hagele is a corporate counsel that is out to help businesses in the technology industry and other industries as well. His practice has benefited many businesses and there is always a vital lesson to learn from him.