Shervin Pishevar is a very successful and well-known venture capitalist and part owner of Uber, Dollar Shave Club and more. He immigrated to the United States before becoming the success is today. While he is very known for being outspoken, he took many of his Twitter followers by surprise when he went on a day-long rant back in February 2018. He bombarded his followers with more than 50 tweets regarding his concerns of our economy and giving his own warnings on how to fix it before it gets worse.
The Downturn Of The Dow
At first, Shervin Pishevar began his first tweets talking about the downturn of the Dow to try and spook investors. His main forecast was that there was going to be a point drop of more than 6,000 in the coming months. If his forecast about this was true, it would have evaporated more than 20-percent of the value for the beginning of the year.
Disadvantages Of Isolationism
Another one of the Twitter rants that Shervin Pishevar wrote about concerned his long-lasting concern over America trying to remain a monopoly. To reiterate his belief in this, he was stating that Silicon Valley is no longer just a physical place. He believes it’s more an “idea” which has gone viral throughout the world. In another tweet, Pishevar stated that keeping out talented immigrants would backfire and that they would eventually start taking their talent to other countries for their benefit.
From some of the tweets he made, it is obvious to see that Shervin Pishevar envisions a world that is going through a revolution while the United States is continuing to struggle trying to stay in the leading position. Even though this is not a good revelation for America, many entrepreneurs will be able to benefit from this. Shervin Pishevar stated that when all of the middlemen start to become more irrelevant, the economy will be able to become more stable and efficient as a result.
It is up the the readers on whether they take the tweets from Shervin Pishevar as serious warnings or take them with a grain of salt.