Shervin Pishevar, the founder of Investment company has made his first major appearance since leaving the company. Being a man of many words, the tweet storm has gained significance due to his long time off the lime light.
The last we heard of the early Uber investor was in mid-December. This was when he went on tweeter to post his resignation from Investment company. Following the largest drop in the U.S. stock market in recent history, Shervin Pishevar took to twitter on Monday with a fifty-point stretch of tweets. He explained why he predicts a 6,000 points drop in the stock market.
Here are some of the reasons he gave;
Silicon Valley’s Economy is spiralling down.
Shervin Pishevar made his point by arguing that Silicon Valley had lost exclusivity. This, according to Pishevar, is a bad sign for the short-term domestic economic growth. He says it is no longer a good option to rely on the stronghold on talent and ideas.
He goes on to criticize the expansion of U.S. ideologies across the globe. He said that the U.S no longer has the monopoly on the entrepreneurial spirit backed by venture capital. ”The American way is now the Global way”, he said.
Shervin Pishevar predicts a possible expansion in entrepreneurship with new methods of payment and fundraising. When the small and medium enterprises get unique capital, they can grow faster and spur on the economy.
A New Type of Economy Could Rise out of an Economic Disaster
Despite Pishevar’s general prediction of unstable conditions, he upholds a globalist perspective. He offers a bit of hope. He seems to suggest that there is an opportunity for a more open economy to be presented by the potential for failure.
Shervin Pishevar has been known to express notions that fight for a more transparent society. It seems that this new tweet storm from Pishevar is doing just that. It expresses notions that fight for a society without tailbacks for innovation and with no volatility.