Tag Archives: CEO

Shervin Pishevar’s Crystal Ball

In the past, Shervin Pishevar seemed to have a crystal ball. He made multiple fortunes as an early investor in firms like Uber, Airbnb, Dollar Shave Club and Warby Parker, then used his expertise to create his own investment firm called Investment company .

Famous for his ability to spot new businesses before they skyrocket, he presented clients with the opportunity to “get in on the ground floor. In 2017, Shervin Pishevar abruptly resigned from Investment company and became something of a recluse. In February 2017, he took Twitter by storm, sending out 50 self-numbered tweets in less than a day, outlining his view of the future, which is universally bleak.

Among other things:

* Shervin Pishevar predicted a prolonged drop in the stock market in the first tweet, with the market eventually reaching 6000 points.

* In tweets 2 and 3, he predicted a general decline in the American economy and explained why.

In tweets 7 and 8, he blamed derivatives like Credit Default Swaps And Mortgage Backed Securities for the Great Recession of 2008.

* In tweets 17, 18, and 23 he discusses inflationary pressures and their effect on the overall American economy and world economy.

In tweet 24, he predicts the rise of gold and the decline of Bitcoin.

In tweets 25 through 28, he stated that Silicon Valley is rapidly becoming irrelevant, thanks to the internet. Innovation has become global. Entrepreneurs worldwide can drum up business and acquire financing right from their laptops.

According to Shervin Pishevar, what he calls the “empowered 5 US monopolies: Alphabet, Amazon, Apple, Facebook, and Microsoft” will soon be broken into smaller units in the manner of Ma Bell being broken into smaller “Baby Bells.”

He mentions “speed of execution” in China bringing dissimilar groups together to build a complete, working train station in less than 9 hours.

Among other things, he points to America’s infrastructure in ruins while the government engages in “short-term thinking”

http://summit.vanityfair.com/speakers/shervin-pishevar