60 companies benefit from the work of Shervin Pishevar. As a venture capitalist, he seeded money to those ventures. Thanks to access to valuable funding, these companies were able to take their first steps. Other people benefit from the work of Shervin Pishevar. He is a well-known philanthropist. Pishevar’s work for charitable institutions is worthy of praise. And there’s another way he seeks to help others. Pishevar is a prolific activist on Twitter. February of 2018 saw him launch into an incredible tweet storm. For 21 hours, the entrepreneur and venture capitalist shared his musings on a wide variety of topics.
Sending out tweets is commonplace among public figures wishing to send out information. Tweet storms take things to the next level. A lengthy tweet storm, one that spans several hours, is sure to get attention. Followers who may otherwise ignore a tweet or two could take notice of dozens of tweets rapidly alerting their notification settings.
Whether they heed any advice in the tweets is unknown. Hopefully, some of Pishevar’s followers at least weighed his opinions about a few topics covered in the tweet storm.
Shervin Pishevar warned of a massive Bitcoin disaster. As anyone following the cryptocurrency market knows, Bitcoin lost an incredible amount of value throughout the year. Pishevar’s worries about the stock market, however, did not come to fruition. He believed the market might drop about 6,000 points. The stock market has experienced strange ups and downs. Gains end up wiped away by losses only to see the market bounce back.
Opinions about the stock market vary. No one seems to be able to place a finger on where the Dow Jones will go. Unease about the U.S./China trade war makes predictability even more difficult. Shervin Pishevar went out on a proverbial limb suggesting the market is headed towards financial crisis-level collapse. What will the future reveal about his prediction?
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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 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?