Shervin Pishevar Astonishes Investing World With Huge Tweet Storm

After a period of remaining relatively quiet on Twitter, famed technology investor Shervin Pishevar unleashed a tweetstorm for the ages recently. He blasted out opinions on the stock market, cryptocurrency, rideshare companies and myriad other topics in a 21-hour marathon.

The online screed encompassed a total of 50 tweets in one remarkable sequence. Although the tweet storm covered a wide range of subjects, a prediction of an imminent decline in the United States economy emerged as an overriding theme.

Shervin Pishevar made his name and fortune as a Silicon Valley angel investor and venture capitalist. He achieved impressive scores with early stakes in companies such as Airbnb and Uber. In his latest big wager in the technology investment field, he is backing Hyperloop One, which aims to revolutionize high-speed transportation and shipping. His opinion on financial issues carries a lot of weight within the tech investment community.

In his lengthy tweet storm, which grabbed the attention of financiers from Silicon Valley to Wall Street, Shervin Pishevar had dire words for anyone bullish on the nation’s financial markets. He projected a massive drop of 6,000 points in the Dow Jones industrial average in the coming months. He predicted the big decline will be driven by a wide variety of factors, including the national debt, interest rates and tax loopholes. In his opinion, federal government bonds and real estate are currently overvalued as well.

Shervin Pishevar also criticized the economy’s reliance on quantitative easing, a process by which the Federal Reserve introduces new capital with the goal of sparking economic activity. He believes quantitative easing is no longer effective because it has been used too many times.

In the cryptocurrency sector, he believes the price of bitcoin will settle into a range of $2,000 to $5,000 before rising.

A native of Iran who came to the United States as a youngster, Shervin Pishevar now manages approximately $650 million as the head of Investment company . Other companies he has backed include Postmates, Dollar Shave Club, Slack and Didi.

https://www.theverge.com/2017/7/14/15960686/hyperloop-one-test-success-interview-giegel-pishevar

Shervin Pishevar In Tweet Storm Called Mark Zuckerberg “Dangerous”

In the 1980s, government regulators took on one of the largest American monopolies and won.

It was the historic breakup of “Ma Bell,” the popular name for the telecommunications giant AT&T. the government felt AT&T had too much power and was stifling competition and innovation. The result was the creation of a number of “Baby Bells” which turned out to be a very good thing.

In a series of tweets, Shervin Pishevar used the Ma Bell example to make a comparison to some of today’s high-tech giants. He pointed his social media finger at the Silicon Valley titans, Microsoft, Apple, Amazon, Alphabet and Facebook. Like AT&T, Shervin Pishevar said, these behemoths are too large and powerful. They are stifling new innovation and crushing young, hungry entrepreneurs with good ideas for new business models.

Shervin Pishevar went even further. He said that today’s tech giants have far more power than Ma Bell ever did. He said they have “extreme amounts of data” that even some sovereign nations control. This gives the Apples and the Microsofts of the world vast powers to crush any competitor before they can even get started. That’s bad for consumers, he said, and terrible for innovation.

Shervin Pishevar called Facebook owner and CEO Mark Zuckerberg, “the most powerful and dangerous person in the world.” That’s because Facebook and Zuckerberg command data on more than 2 billion people that can be used in almost unlimited ways. Pishevar pointed out that Zuckerberg can, “never be voted out of office,” making for a dangerous situation.

Shervin Pishevar eventually moved on to other topics. One of those subjects was inflation. He said that “inflation is dead.” He said that the United States has effectively been exporting inflation to other nations as a result of the way trade deals are set up. That might be good for America, but he suggested the game is almost up. He said there is “no one left to take it.” And the fact that Washington is now in a process of re-evaluating all of its trade deals, the future in this regard is more uncertain than ever.

https://premiergazette.com/2019/01/shervin-pishevar-2019-learned/