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