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What did Shervin Pishevar Mention in his 21-Hour Tweet Storm?

Shervin Pishevar is an Iranian-American super angel investor, venture capitalist, and entrepreneur. He has invested in Uber, Airbnb, Munchery, and he served as the executive chairman of Hyperloop One. Mr. Pishevar is also a co-founder of investment firm.

 

After nearly three months of silence on social media, Shervin Pishevar resurfaced on Twitter. In February of 2018, Mr. Pishevar surprised his followers with a series of tweets that lasted 21 hours. During Pishevar’s 21-hour tweet storm, he discussed the United States economy, bitcoin, Silicon Valley, and the five big monopolies in the US.

 

What did he Predict During his Tweet Storm?

Shervin Pishevar started his tweet storm with predictions about the stock market. Mr. Pishevar stated that there is a financial storm looming in the US. According to Mr. Pishevar, this is likely because of national debt, increased interest rates, and tax giveaways that were approved by the senate.

 

Shervin Pishevar also discussed Silicon Valley. He noted that the United States no longer has exclusivity. Mr. Pishevar tweeted the United States is no longer the monopoly of entrepreneurial motivation, talent, and ideas and that innovations in technology are now flourishing all over the world. Mr. Pishevar tweeted that this isn’t a good sign for the short-term economy of the US.

 

He also predicted that the five major monopolies in the US will eventually lead to the failure of the US economy. Mr. Pishevar named Google, Alphabet, Microsoft, Apple, and Amazon as the five big US monopolies, and he tweeted that the American system is also to blame for turing a blind eye to the actions of these monopolies.

 

Pishevar noted that bitcoin will plummet before it starts to rise, and he feels that cryptocurrency has the capability to stand apart from centralized banks for a global economy. He stated that a global economy would be perfectly efficient and frictionless.

 

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