Silicon Valley is a haven for startups. Some investors call Silicon Valley the “startup capital of the world.” But Shervin Pishevar, the man who gave Hyperloop a shoot in the arm by investing $26 million when Hyperloop needed it, thinks Silicon Valley is losing its competitive edge. Pishevar let the world know California won’t be the startup giant it is now in the future. And that tweet didn’t sit well with the investors who have a lot of financial eggs in the Silicon Valley startup tank.
"We proved to the whole world that we can build safely, quickly, efficiently, and proved the technology works." –@Doctor_Astro on the story of DevLoop. For the full story: https://t.co/bgupN1fk4E pic.twitter.com/3stMscl0QH
— Virgin Hyperloop One (@HyperloopOne) June 8, 2018
Shervin Pishevar isn’t afraid to rattle a few investment cages. One of his tweets during his 21-hour tweeting extravaganza let his followers know the stock market is overvalued, and it is heading for a major adjustment. And another tweet said the stable bond market isn’t going to be as stable going forward. Most investors thought Shervin Pishevar was out of his lane when he said the value of a Bitcoin will take a huge hit in 2018. But Pishevar has a way of making sense when the investment cards are on the table.
Mr. Pishevar is a force to reckon within the investment industry. Mr. Pishevar’s investments in companies like Warby Parker, Didi, Slack, and Dollar Shave Club confirm his expertise in the investment game. Shervin Pishevar has a huge group of followers because he knows how to turn money into more money while other people are still trying to decide to invest. Pishevar went on a 21-hour tweetstorm to let people know he was still on top of the investment industry even though he wasn’t going to manage his investment firm, Investment company, going forward.
Not everyone likes Shervin’s tweets. Some investors thought he was being too negative about stocks and bonds. They also thought he was out of touch when he sent a tweet about inflation rearing its head in a big way in 2018. His tweet about keeping immigrants out was also an eye-opening message. Shervin thinks immigrant talent doesn’t want to come to the United States. There are other countries that are making a huge impact in the investment industry.
The future of the U.S. economy looks grim, according to Shervin Pishevar. Obviously, Pishevar isn’t a Trump supporter. Pishevar tells it like he sees it when it comes to stating facts about the domestic and global economy. But some people just don’t like to hear the facts until they experience them, according to Pishevar.