As a graduate of the University of California, Berkeley, where he studied molecular cellular biology, Shervin Pishevar did not project to be one of the most successful entrepreneurs of his generation, but after a series of lucrative investments, which have seen him align with a variety of bonafide upstart companies, he has done just that. While he has not been very active on the social media scene for the majority of the year, he recently jumped on his Twitter account to unleash an elaborate rant that discussed the fall of the United States economy. The co-founder of Virgin Hyperloop One covered a myriad of issues, including the future of the stock market, the status of Bitcoin, and the rise and fall of the five American unicorn companies.
One of Shervin Pishevar’s more startling revelations concerned an impending crash for the stock market. In the month’s to come, Shervin Pishevar predicts that the stock market will undergo a significant crash in which he estimates will amount to 6000 points in losses. He feels that the current volatility facing bonds today will eventually spread into the other markets. The Dow Jones wasted no time in reacting to Shervin Pishevar’s tweets, as it proceeded to lose 1000 points the following day. He did have some good news regarding Bitcoin, which has been very volatile in recent months, seeing its price drop from a high of nearly 20k. The value regarding Bitcoin will continue to fall for a period of time but will become stable at around 2-5k, before beginning to rise again.
Shervin Pishevar also discussed the role of innovation in the country today. Traditionally, the United States has held a virtual monopoly on innovative tech that changes the world, but as innovation has taken on a “borderless” form, many countries are choosing to stay put, instead of relocating to the United States. This change in Silicon Valley was described by Mr. Pishevar as a tectonic shift that has rendered the region devoid of its traditional competitive edge.
Dallas company Stream Energy used its own revenue from sales to aid its customers in the recovery effort after Hurricane Harvey. Stream Energy has been showing Dallas corporations the way to include philanthropy in their mission for years but only just solidified its own charity foundation, “Stream Cares”. Stream Energy believes that starting a separate charity branch to continue its ongoing help in Texas and throughout the country earns the respect of the public while giving back to the community. Stream Energy has not only spent many years fostering longstanding partnerships with Habitat for Humanity and the Red Cross but its employees are also very involved with locally connected charities.
One cause that’s cemented in the employee’s hearts is the homelessness in Dallas. Stream employees routinely take note of how many people are homeless in the Dallas area at a given time realizing this would be a forcible avenue to give. One way Stream is accomplishing this is teaming up with Hope Supply Company. Together they supply diapers, clothing, school gear and so much more to homeless children in Dallas.
Another call to action for Stream was when the tornadoes touched down in North Texas during December 2016. Stream employees worked directly with the Salvation Army raising thousands of dollars for those who lost their homes and businesses. Stream Energy matched those funds, doubling the donations brought in by its associates.
Stream’s philanthropy doesn’t stop there as Dallas area veterans and their families have also been on the receiving end of Stream’s generosity. Stream donated transportation for these less fortunate veteran families to a special luncheon at a wonderful Texas restaurant. The following day 10 daughters of military members were honored to The American Girl Experience. At this event Stream associates helped 10 young ladies choose an American Girl Doll and later ate lunch at the American Girl Cafe. So for the people at Stream Energy, a dedication to those less fortunate is second nature.