The technology investor, Shervin Pishevar has been one of the leading figures in Silicon Valley for a number of years and has been recognized by the Administration of President Obama. A recent frenzy of Tweets from the personal account of the investment specialist has seen him give a gloomy outlook for Silicon Valley and the stock market, in general. Pishevar took aim at the complacency of Silicon Valley, which he believes will soon be nothing more than a monolith to the giants of the global tech industry.
Those who are not aware of the work of Shervon Pishevar may be wondering why his flurry of Tweets over a 24-hour period had such a lasting effect on the markets. Shervin Pishevar is one of the leading figures in the technology sector through his impressive Sherpa Capital group which was an early investor in Uber and Airbnb.
As the co-creator and Chair of the Hyperloop One rail service which is planned to provide high-speed rail; services to the mainland U.S. Musk understands the need for creatives within the technology industry. Shervin Pishevar was quick to focus on the arrival of the major five global technology companies in the U.S. which are focused on maintaining their brand and position rather than developing new technologies.
Shervin Pishevar stated on his Twitter storm his belief that Silicon Valley would soon be challenged by other areas of the world. Technology corridors are being opened up throughout the U.S. and in other areas of the world to challenge the power of Silicon Valley. Not only does Pishevar believe the issue of the major technology companies damaging the growth of Silicon Valley is a huge one, but he also stated his belief in the power of Apple, Facebook, Amazon, Alphabet, and Microsoft amounting to a monopoly. Breaking up the top five technology companies in the world has become a campaign slogan for many Democrats in recent months and their stance appears to be backed by Shervin Pishevar.
Shervin Pishevar is a distinguished investor, financial expert, and a futurist. He established himself as an early investor in Uber technologies. He is also the managing director at Sherpa Capital a leading venture capital firm based out of San Francisco. He is the co-founder of well-established investment firms such as Sherpa capital and Hyperloop-one. Sherpa capital is known for investing in prospective companies that eventually outperform the market forming strong economic giants. Some of the significant investments by Sherpa capital include in firms like Uber, ispy, Cue Health, Doctor on Demand, Beepi, Airbnb, Munchery, and plenty more. He is a strategic advisor at Uber technologies where he previously served as a Board Observer.
Shervin Pishevar is respected in the business world due to his exemplary success and his ability to forecast future trends. He is a name to reckon in the finance industry. In February 2018, He took his expertise to Twitter where he predicted some economic trends about the American economy. This tweet storm lasted for 21 hours. In this criticism that is highly questionable, Shervin Pishevar predicted that the US economy would be faced by a financial storm which will lead to volatility in the bond market that will negatively affect the markets. He also tweeted that the markets will experience an awful 6000 points drop in the coming months. He foresees a financial crisis in the country due to high interest rates, poorly managed credit accounts and tax giveaways as well.
Continuing with his tweets, Shervin Pishevar predicted that Bitcoin crash would continue. He, however, gave investors some hope that the crash will eventually cease and the value of this gold would rise to 2K or even higher in the next two years. His other tweet was about Silicon Valley. Shervin believes that the strategy employed by this innovative hub is outdated. Locking foreigners away from the center rob the hub precious innovative ideas. He also had a commentary about the infrastructure of the US. Shervin commented that China would soon overtake the US regarding infrastructure. In this regard, he cited poor and slow projects implementation in the US against the super-fast project implementation and completion in China.