Shervin Pishevar made some pretty grim predictions about bonds, the stock market, big US companies, and even governmental institutions by means of Twitter in early February 2018. This was after not having used his account for more than two months. Even though it seems like the mic on his thought leadership was on mute, the axles of his mind were still going. It took a dramatic drop in the stock market to get him tweeting again. And when he did, he really let loose.
Many are referring to the tweets that Shervin Pishevar sent out as a Twitter storm. He sent out 50 separate points in a span of 21 hours. He touched on the topics mentioned above as well as things like immigration, bitcoin, and a few companies that he feels will do well.
Shervin Pishevar is known in the Silicon Valley area because of the companies he has helped to get going and because of the success of his investments. He used one of his venture funds, Investment company, to invest early in Uber. He was even one of their advisors a couple years back.
One of the points that Shervin Pishevar made in this Twitter storm had to do with digital currencies. He referred to them as the ultimate app. When an entrepreneur wants to start a business, they now have a variety of methods to use for fundraising and have different digital currencies to choose from. This is something that is good for the economy because startups can find unique capital and grow. However, Shervin Pishevar has some grim predictions when it comes to bigger financial and governmental institutions. They are going to face a shift that may leave them irrelevant because of this revolution in stateless digital currencies.
This is not the first time that Shervin Pishevar has let his opinions about the future of the US economy be made known. He has spent time fighting for a more transparent society for years. He says in one of the last tweets that he sent out that when the middlemen are irrelevant, then there can be a global economy that is more perfectly efficient and frictionless.