Shervin Pishevar set about on a Twitter rampage in early 2018. Pishevar is known for his investments in Slack, Dollar Shave Club, Warby Parker, and Uber. He recently resigned from Sherpa Capital.
In one of the tweets, he went on to discuss why he believes the stock market will fall an aggregate of 6,000 points in the months ahead. His belief is the economy will take a downturn before any increases are seen. He states how the gains from 2018 have already been evaporated, and soon, the 2017 profits will be gone too.
The government bond system has lost control. In the past central banks would buy bonds. It was used as a device to correct the market. This process has become antiquated and no longer valid.
The tweet rampage continues. Tweet number three goes on to inflation. The United States has passed inflation onto the world, thinks Shervin Pishevar. His thoughts might be that the current leaders and administration are shaky on world trade deals.
Some substantial funds will weaken, and funds Pishevar named were Volatility Indices and Managed Future. His tweet feels both significant funds are set up to fall. Some entity is going to collapse.
The subject of the Silicon Valley was touched on. The Valley has lots it glimmer and is no longer the modern day Roman Empire. Basically, the Silicon Valley’s grip on innovative thinkers and new ideas has loosened. That’s not a terrible situation, but one that is a signal that the American economy could slow down. Shervin Pishevar wrote in 2008 about how the entrepreneurs in the USA that were funded by venture capital have now become the way international entrepreneurs operate.
International products are being created and structures built at breakneck speed and without hurdles. A train depot was erected in China in under ten hours. This was one of Shervin Pishevar examples.
Companies like Microsoft, Google, and Amazon are labeled unicorns by Pishevar. In his discussions, these powerful corporations gobble up new and fresh companies, but he believes that style of business will soon crumble the networks and break the system. Shervin Pishevar tweets represent how he may think a watchdog needs to keep an eye on the unicorns instead of letting them roam free.