Shervin Pishevar was born in Iran but migrated to the United States. He is one of the brilliant investors in the world today who has made a great name in the finance sector through successful investment as a venture capitalist. He is the former managing director of Sherpa Capital and the co-founder of Virgin’s Hyperloop. Pishevar has also previously worked with Menlo Ventures, a firm through which he invested in the growth of Uber. Sherwin Pishevar gained recognition after his role in the growth of Uber into a unicorn in less than a decade. He has also invested with other companies such as Airbnb, RobinHood among others.
When Shervin Pishevar engaged in a tweet storm that lasted for 21 hours, he talked about various matters related to the US economy and the financial sector. He was quick to point out that the US economy would not perform well in the coming months due to a looming financial crisis. In his understanding, the stock market was crashing, inflation was settling in, the national debt burden is going up, and the government is making mistakes such as the new tax plan. All these are signals of an economic crisis.
Although Shervin Pishevar talked a lot about the US economy, he also pointed out to some other matters related to the financial industry. He indicated that bitcoin would crash and gold would gain. In times of financial crisis, gold is considered a haven. For bitcoin, the high prices that were recorded at the end of 2017 would not be sustained, and therefore a drop was in unavoidable.
Shervin Pishevar also engaged the audience on matters related to the Silicon Valley. After working here for many years, Shervin has a better understanding of this innovations’ hub. His prediction about this hub is however not positive. He sees a scenario where Silicon Valley will become irrelevant due to internal and external factors. Shervin believes that the recent move by the government to lock out immigrant talent will not help the situation. The success of the Silicon Valley has had great input from the immigrants and therefore any decision to keep them out will be detrimental. He also pointed out the fact that other countries no longer export their talents to the US.