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For diehard followers of tech news in Silicon Valley, Shervin Pishevar is a familiar and intriguing figure. As a venture capitalist and co-founder of Sherpa Capital, one of the valley’s biggest investment firms, Pishevar provided the initial financial support for leading companies like Uber and Airbnb. In recent years, Pishevar has amassed a sizable and dedicated Twitter following, with many fans eager to learn more about the tech titan’s investment strategies and economic predictions.
- A Twitter Storm Emerges
So when Shervin Pishevar embarked on a recent 21-hour tweet storm, major players in Silicon Valley and other central tech hubs went along for the ride. With discussions ranging from a possible recession to the future of embattled crypto-currency Bitcoin, there was much for Pishevar’s followers to consider. As a rare glimpse into an elite investor’s mindset, it was also little wonder that the Twitter storm made headlines well beyond the tech world.
- Bracing for an Economic Ice Age?
During his tweet storm, one of Shervin Pishevar’s most stunning predictions was that the stock market would suffer losses on par with those seen during the Great Recession. If such an event were to actually occur, it could trigger major overhauls in the venture capital sector, where economic downturns spell funding dry spells for even the most promising companies. In such an environment, new companies in the mold of Airbnb and Uber might not stand a chance.
- Are Tech Monopolies Stifling Innovation?
In one of his most controversial tweets, Pishevar also warned his followers about the dangers of consumer conglomerates stifling growth in the tech sector. In Pishevar’s view, the size of companies such as Apple, Google, and Facebook are becoming too large, meaning that competition is unendurable for newer companies. Were Airbnb and Uber founded today, Pishevar argues, they would never get off the ground.
- Bitcoin’s Comeback?
During his Twitter tirade, Pishevar also touched on an issue close to the hearts of many investors of so-called crypto-currencies. One of the standout investments of the last decade, Bitcoin went from less than $10 per “share” to over $16,000 per coin in only a few years. While the currency’s value has since fallen to more modest levels, Pishevar contends that Bitcoin will regain its value over the next several years. If true, this outcome could spell boom times for Silicon Valley’s next generation of savvy investors.
For these reasons, Shervin Pishevar remains a singular and fascinating voice in the storied landscape of Silicon Valley tech giants. While the investor seems to earn both fans and critics in equal measure, his ability to gauge the winds of technological change appears undiminished. If so, there remains little
Shervin Pishevar rankled some feathers with his legendary 2018 tweet storm. The venture capitalist took time away from his high-end endeavors to discuss matters that strike nerves with the average person. Pishevar warned the world to take a closer look at the volatility in the stock market. Persons who suffered disastrous losses in 2008 may be more inclined to listen to what Pishevar suggests. Unfortunately, people do possess short memories. They also tend to look at the good times in the market and not think about potential crashes.
Shervin Pishevar does feel the stock market is headed to a crash. In February of 2018, he suggested the market might experience a 6,000-point drop. So far, the prediction has not come to pass. Whether the fall happens or not remains to be seen. The tweet storm represented commentary and opinion by Shervin Pishevar. No guarantees exist that his predictions will or will not come to pass.
Anyone reviewing the tweets may wish to think about what Pishevar is saying, though. The market is doing well in 2019, but markets come with their ups and downs. Few realize this better than people who put money into Bitcoin and cryptocurrency. Pishevar also discussed the potential woes Bitcoin investors might face. In 2018, Bitcoin did experience a terrible crash. Speculators lost a lot of money. Bitcoin losses, however, didn’t come as a surprise to many. The cryptocurrency market represents a volatile and unpredictable investment territory. The stock market usually represents something more stable. That said, “usually” doesn’t mean “always.” Anyone who assumes the market will only continue an upwards direction forever may be misguided.
Investors must be realistic about any steps they take. Shervin Pishevar’s warning about potential dangers in both the stock market and the bond market should lead some investors to follow financial news more closely. Read credible websites and take in the top shows on the cable channels. Stay informed about all matters related to the market.
Only Shervin Pishevar knows what motivates him to inform the public via Twitter. Perhaps he sincerely wishes to help his followers. He deserves credit for taking time out to share his thoughts about the market and more.
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.
It’s not everyday that a Silicon Valley executive goes on an epic Tweetstorm. However, one early Uber investor decided to tweet for an amazing 21-hours straight. And in that time, this executive talked about everything from the stock market to the future of America’s infrastructure. That executive, Shervin Pishevar, has become the talk of Silicon Valley since his infamous tweetstrom. Below are some of his most outlandish predictions.
The Dow Will Drop 6,000 Points
One of the first predictions made by Shervin Pishevar had to do with the Dow jones Industrial Average. To be more specific, Mr. Pishevar predicted that the Dow would fall 6,000 points. If he is right about that prediction, that would put the blue chip index well into recession territory.
Bitcoin’s Crash Will Continue
Apparently, Mr. Pishevar was in a bearish mood. And he didn’t spare the cryptocurrencies from his sights. After predicting a crash in the Dow, Mr. Pishevar talked about Bitcoin. And he sees the grandaddy crypto coin crashing all the way down to the $2,000 to $5,000 level. That price range would make an almost 90% discount from Bitcoin’s $20,000 high in late 2017.
Silicon Valley’s Days As Tech’s Capital Is Doomed
Perhaps one of the most incredible predictions made by Shervin Pishevar had to do with his hometown. In a later tweet, Mr. Pishevar said that he believes that Silicon Valley will no longer be the capital of the tech world. Instead, start-ups will elect to work wherever they please and will communicate online with their clients, vendors and business partners.
America’s Infratstructure Is Falling Behind Fast
Going a little bit out of his area of expertise, Shervin Pishevar talked for a while about the state of America’s roads, bridges and buildings. He said that America will continue to fall behind to other developed countries. Mr. Pishevar pointed out the fact that the Chinese are now able to build an entire train station in 9 hours as an example of America’s lag in the infrastructure war.
Shervin Pishevar went on to tweet about other subjects including market volatility and Elon Musk. In all, Mr. Pishevar made dozens of predictions. Many Silicon Valley watchers will be keeping track of Mr. Pishevar’s tweets to see which one of his predictions will come true.
This month, the Dow Jones reversed all of the gains that were made in the early part of the year. While this has prompted some panic amongst investment circles, proponents such as the President of the United States, Donald Trump, have remained steadfast in their support. The co-founder of Virgin Hyperloop One and Sherpa Capital, Shervin Pishevar, hails from a completely different school of thought, and in a recent return to Twitter, discussed his predictions regarding a bleak outlook for the future of the Dow. In his estimation, the Dow Jones is all set to suffer a significant loss ranging in the thousands, which will occur in the months ahead. This prediction seemed all the more real when, just one day after taking on the entirety of the Twitter business world, the Dow Jones proceeded to lose over 1000 points. Bonds and industrials vacated their safety nets amidst the large-scale sell-offs and underperforming treasury auctions. Over the course of the 24-hour spree, Shervin Pishevar also discussed the state of entrepreneurship and innovation in the United States.
In recent years, Silicon Valley has been home to many of the world’s foremost tech companies, but, according to the startup connoisseur, its ideas are no longer confined to its physical location. Countries all over the world have begun implementing a culture of entrepreneurship, and with the addition of stateless digital currencies, innovation has become a “borderless” commodity. Many minds that would have formally uprooted their lives to relocate to the United States are now staying put in their home countries, while also harvesting their own talent. Shervin Pishevar believes that Silicon Valley is no longer a must-have, and to go with this, is the fact that the five unicorns existing in America today, are doing their part to strangle homegrown innovation. Companies such as Alphabet (Google), Apple, Amazon, Facebook, and Microsoft, are all titans in their respective industries, yet, in recent years, they have begun acquiring smaller companies at a record pace, which grows their own brands, but makes it nearly impossible for competition from the ground up. This same strength will eventually lead to their fall according to Shervin Pishevar.