Kerrisdale Capital recently put out a report in which it harshly criticized the Eastman Kodak Company. The criticism concerns Kodak’s, a photograph products company, announcement that it would soon be launching its own blockchain-enabled image licensing platform. Basically the Kerrisdale report says this is no more than a scam since it couldn’t possibly work for Kodak that way it claims it will. On February 6, Kerrisdale hosted a conference call open to all to discuss their report. In addition it has posted the results of its report on its website, other related investment sites, and Twitter. Read more at nymag.com about Sahm Adrangi.
Kerrisdale is an investment firm managed by its founder and CEO Sahm Adrangi. His work in leading the report about Kodak’s fraudulent claims is not the first time he has done something like this. Sahm Adrangi first made his name in 2010 and 2011 by exposing fraud in Chinese companies. He has also led the writing of investigative reports on Nordic, Sage Therapeutics, Zafgen, Unlife, and Pulse Biosciences. In addition, he has openly questioned the practices and ethics of First Majestic Silver, and Northern Dynasty Minerals. In 2014, Sahm Adrangi exposed the faults of Global star’s propeosed Terrestial Low Power Service through a live presentation and webcast. Read more about Sahm Adrangi at Benzinga.
Sahm Adrangi entered adult life by earning a B.A in Arts in Economics from Yale University. first began his career in finance at Deutsche Bank, where he helped in leveraging finance. Sahm Adrangi then went on to garner experience in bankruptcy restructuring with Chanin Capital Partners. He late worked several years with the debt fund, Longacre Management. He founded Kerrisdale in 2009. He has proven an incredibly successful leader, starting it for under $1 million and leading to its current standing of managing $150 million. He is a much in demand speaker at finance conferences. Sahm Adrangi has been featured for his expertise in the Wall Street Journal, the New York Times, the Washington Post, and BusinessWeek.