Founder and CEO of GreenSky Credit is old-school entrepreneur

When one thinks of the typical American entrepreneur, images of self-made men who risked everything to achieve success and fortune come to mind. Figures like John D. Rockefeller, Henry Flagler and Andrew Carnegie embody the image of the bold and decisive business leader who wasn’t afraid to put everything on the line when the moment of decision came. Inherent in this idea of the brave and bold businessman was the notion that most wealth, even when ruthlessly acquired, was, at its core and in some sense, deserved.

But nowadays, too often, everyone knows that the game has changed. With too great a frequency, modern fortunes are the result of people who have gone to all the right schools and had the right connections from the beginning. More perniciously, today’s great fortunes have, more often than not, been created through borrowing and venture capital deals, relying more on the ability to assimilate to and play by the rules of the elite than to daring or business acumen.

David Zalik is of the old school

But the founder of GreenSky Credit, David Zalik, conforms more closely to the old archetype of the bold capitalist. In founding GreenSky Credit, Zalik could not secure the financing he needed to launch the company. As a result, he reversed mortgaged his entire commercial real estate holdings, nearly $12 million worth, betting everything he had on the future success of his company.

The bet paid off to an extent even Zalik could not have imagined. Today, GreenSky Credit ranks among the most successful fintech companies in the country. The company has grown from a fledgling startup into a $5 billion lending operation. And it has experienced this phenomenal growth with virtually no outside investment at all.

When asked about what he wants to accomplish in the future, Zalik, like many great American capitalists who have come before him, is bursting with ambition. He says that he would like to see GreenSky Credit doing $20 billion worth of loans each year by the year 2020. Given his past track record, there’s no reason to doubt that he will reach his goal.

https://www.forbes.com/sites/greatspeculations/2018/09/05/greensky-now-looks-undervalued-given-strong-q2-performance-alliance-with-amex/#5d78658d5eda

Sahm Adrangi and his successes at the Kerrisdale Capital Management

Sahm Adrangi is the man behind the birth and rise of the Kerrisdale Capital Management plant and the manager of the firm too. Since 2009, Adrangi has been heavily involved in all the company’s development aspects and projects.

During the launch of the company, Adrangi had as little as $I million but since then it has grown immensely and reached greater heights of success, currently managing $ 159 million, credits to Sahm Adrangi.

Sahm Adrangi is well known for short-term selling and publishing of research projects. He shares his Company’s opinions on the stock market like the under-followed longs as well as overhyped losses which are often overlooked or misunderstood by the market. His research seeks to find solutions to broadly perceived misconceptions about these companies’ vital business agendas.

Adrangi and the Kerrisdale Company shares the research findings on their official websites, social media platforms and through the third-party investing-related sites.

Adrangi first came to the limelight and acquired recognition when he exposed the fraudulent Chinese companies, summing up the Chinese Marine Food Group among other known Chinese enterprises. He too targeted the China Education Alliance which was later improved to match standards after thorough scrutiny from Adrangi.

Despite Adrangi sharing his research findings with a range of companies, he has lately focused on his company’s efforts on particular sectors where he boasts expertise in. these areas under his huge focus include the biotechnology sector which he has published research documentation about the latter on a development stage companies like the Bavarian Nordic and many other companies.

Besides, Adrangi has explored the mining sector as well calling into question the mining perspective and the market structure and valuation of First Majestic Silver and other minerals and resource-exploring companies like the Northern Dynasty Minerals.

Not only that, but also Adrangi has written and compiled publications in the telecommunication sector, providing skeptical opinions on Globalstar, highlighting its weaknesses in a live presentation webcast.

Sahm Adrangi is an activist in a number investment plants. He was incorporated in the Lindsay Corporation management to analyze and manage the company’s financial deployment and capital disbursing guidelines in 2014. A year later, he fore fronted a proxy contest to in thirst to be the director of Morgans Hotel Group.

https://www.benzinga.com/topic/sahm-adrangi