Shervin Pishevar has been sometimes referred to as a super angel investor because he has been responsible for seed investing in several major tech disrupter companies. He has been both a political and social activist over the years, and occasionally he will make public statements on the issues. Recently, Pishevar took to Twitter and tweeted about several events he sees affecting the US economy and changing big tech.
One of his first tweets was that the stock market would lose 6,000 points over the course of action 2018. The stock market did take a dip over the course of that year after posting record highs, but overall stocks have still been performing at some of the highest levels in history. Shervin Pishevar also said that China was very far ahead of the US with technology and infrastructure citing a train station that was built in just 9 hours. And he also said the cryptocurrency crash of 2018 would continue, but that Bitcoin and Ethereum would eventually stabilize at around $5,000.
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Shervin Pishevar is quite a talented individual who was born in Iran in 1974, and he would escape with his family as the political turmoil started taking over in the coming years. He excelled in science in high school, and he even studied in a combination of fields in college that included economics and healthcare, but he never went into the medical profession. Instead, Pishevar started going into tech startups immediately as a founding member of WebOS, and a funds manager for Seges Capital, a venture capital firm operating out of Vanderbilt University.
Shervin Pishevar became famous when he pushed for the $26 million Series B Uber investment while serving as an executive at Menlo Ventures, the fund that helped the ride sharing service become a huge phenomena. He would later start his own venture capital firm, and one of its first venture investments was in BackOps. The firm has continued to be a driver for disrupters and has funded Airbnb, Doctor on Demand, Beepi, Shyp and many others. Pishevar has also worked with organizations such as the Democratic National Committee, and the UN’s Global Entrepreneurs Council.
Shervin Pishevar is the former managing director at Sherpa Capital and an Uber investor. He is a venture capitalist who has helped nurture the talents of so many Americans in the Silicon Valley. Some of his recent contributions can be seen through companies such as Munchery, Uber, Hyperloop One and Airbnb. As an investor, he has seen a lot happening in the fields of economics and finances. He can know when to invest and when to keep his hands in the pocket. His experience makes him one of the prominent voices as far as the growth of the American economy is concerned.
In February of this year, Shervin Pishevar posted 50 messages on Twitter after staying out of the social media for a few months. His comeback was pronounced due to the weight of the messages he posted. He revealed his thoughts on various matters surrounding the US economy and the financial industry in general. The highlight of the tweetstorm was the dim picture he painted about the US economy.
After considering various factors that go hand-in-hand with economic growth, Shervin Pishevar was convinced that the US economy was on the downward trend. The stock market was going down, inflation was kicking in, and the interest rate was going up. All these indicators show an ailing economy. Shervin Pishevar projected that the stock market would drop by 6,000 points in the year. The losses would be enough to erase the gains made in the past one year.
Shervin Pishevar mentioned the bond market would also be on the receiving end. The volatility witnessed in the market would catch up with other markets ad essentially there would be no worthy asset for investors. All of them will be overvalued, and there would be no net gains in the process for investors. Shervin added that the uncertainty that is coming from Washington in regards to trade deals is only making matters worse. He predicted that the bond market would first rise before tumbling down and would be in line with the equities market.