Shervin Pishevar eats, sleeps, and breathes startup companies, and is one of the staunchest supporters of American entrepreneurship and economic growth. Over the years, the co-founder of reputable companies such as Sherpa Capital and Virgin Hyperloop One has cleared a path to success by handpicking bonafide startups before they’ve gained the attention of the masses, including Dollar Shave Club, Airbnb, Rap Genius, Tumblr, Uber, Warby Parker, and TaskRabbit.
The University of California, Berkeley grad has gained the respect of his contemporaries through his acute sense of potential, which has earned him a platform that, more often than not, garners a huge audience when he chooses to speak. Taking to Twitter, Shervin Pishevar discussed a litany of issues, including the future of the American economy, globalism, and entrepreneurship, in a 50-tweet tirade that made waves amongst the investment community.
In discussing the future of the stock market, Shervin Pishevar drew a bleak picture, predicting that the stock market would see a drop ranging in the thousands, possibly in the months to come. While this may have come as a shock to many, the Dow has been in disarray for much of the year, reversing the majority of the gains made early on, due to sell-offs, as well as subpar treasury auctions. Shortly after revealing his position regarding the stock market, the Dow Jones seemed to react, promptly dipping by over 1000 points, making traditionally safe options look anything but. Shervin Pishevar wasted not a moment in addressing President Donald Trump, who has consistently stood by the stock market, stating that “Presidents should not be cheering the market.”
Shervin Pishevar also dished on the “tectonic shift” that is currently taking place regarding world innovation. While the United States has traditionally held a monopoly in this regard, with Silicon Valley acting as the home base, Shervin Pishevar believes that Silicon Valley has essentially disseminated into an idea that has crossed world borders. In today’s world, the United States, historically a leader, is now struggling to keep up, as the speed of execution in a variety of industries, is noticeably outpacing the production of the United States.