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Shervin Pishevar invested in transportation giant, Uber, early in the game in addition to being the founder of Sherpa Capital. In general, when he speaks, some people listen but what’s up with his recent 21-hour Twitter rant? During that extravaganza of Tweets, Shervin Pishevar touched on a wealth of topics in his 50 Tweet (500-words) marathon, from Bitcoin and bonds to SpaceX and immigration.
He really hasn’t had much at all to say since all of those sexual misconduct allegations at Sherpa, the company that he subsequently departed from. Perhaps it’s because one of those allegations included rape. Now, it seems that he won’t be silenced at all. But 21-hours? Seriously? What could he possibly have to say of interest for almost an entire day? Well, let’s see:
- He predicted the imminent decline of our country’s economy.
- Another prediction is that Bitcoin will fall to between $2,000 and $5,000, however, he also predicted that it will rise again albeit slowly.
- In addition, Shervin Pishevar predicted a “financial storm” was coming, including a 6,000 point stock market drop during the next few months.
- He also predicted Silicon Valley’s imminent demise as the stronghold that California has on both culture and tech innovation comes to an end. That prediction came right after he took a break from tweeting to have dinner.]
- Another prediction is that the volatility of bonds will be sending ripples through the markets.
- He also said that the United States will be losing to countries such as China, especially in the area of infrastructure.
- What else? Well, how about a shift that only comes about once in every thousand years? And, the majority of those 50 tweets involved warnings regarding unstable conditions in the U.S.
All in all, Shervin Pishevar seems to be painting a rather dismal picture of the country’s future economy. And, the fact is that, in the past, Shervin Pishevar has enjoyed some success when it comes to the anticipation of impending economic downturns. Case in point; in 2008, he discussed the identity crisis that Facebook would eventually undergo. Hmmmm, could he be right this time, too?