He’s an angel investor who has backed some of the biggest successes in recent years. Shervin Pishevar was a co-founder of Hyperloop One, a firm for which he also served as executive chairman.
He went on to invest in the likes of Uber, Airbnb and Munchery. He also co-founded Sherpa Capital. So when a guy like this goes off on an epic 50-message Twitter tirade, a lot of people are interested in what he has to say — especially when he offered opinions on the likes of Bitcoin and the stock market.
What does Shervin Pishevar think of the Bitcoin? He seems to suggest the cryptocurrency is in for a bumpy ride in coming months, but will land on stable ground thereafter. He says Bitcoins prices will take a steep dive, but then recover and perhaps settle into a value that ranges from $2,000 to $5,000.
What about the stock market? He think stocks are ripe for a downward correction, an action that will be precipitated by instability in the bond markets. He said bonds will project nervous emanations far and wide, dragging down the entire market.
He did not spare Silicon Valley in his four-dozen-plus Tweetstorm. For example, Shervin Pishevar predicted the death of Silicon Valley, saying it no longer enjoys a unique status, but rather has become s “state of mind” that can take root anywhere. In short, Mr. Pishevar thinks the time is soon upon us when Silicon Valley will no longer be the global center for high technology, venture capital, social media and innovation.
Shervin Pishevar expressed definite feelings on American mega-giants, such as Apple, Microsoft, Amazon, Alphabet and Facebook. He suggested these entities are bloated with too much size and power — and this has put negative pressure on new startups.
He said Uber may represent that last time a giant company was created in the way it was. How or where the next big company will arise is not something he speculated about, however. Perhaps he just doesn’t know.
Time will tell if the recent Twitter-purging of Shervin Pishevar was an accurate forecast of the future, or perhaps just a high-stakes player in the venture capital world blowing off steam.