Shervin Pishevar has never been shy about relaying his thoughts regarding potentially lucrative investments, and people have consistently listened due to the fact that he has been overwhelmingly correct in his predictions. The founder of An investing firm has often utilized his signature brand of forward-thought to discover innovative companies such as Uber and Airbnb, investing in them before the masses could get a handle on them while profiting significantly.
He recently returned to the social media platform, Twitter, which he’s has traditionally been very active on, delivering a slew of tweets that could have major implications for the financial world over the next few months and years. Of the myriad of topics discussed, Shervin Pishevar most notably predicted the eventual failure of tech juggernauts, Amazon and Google, citing that their immense power, which consistently allowed them to swallow up innovative startup companies, and in turn has been strangling innovation in the United States.
Shervin Pishevar also touched on Bitcoin, which over the last year, has experienced a prominent rise to relevancy, but has also fluctuated regarding price. At its peak, Bitcoin shot up to 20k, before seeing an eventually fall to about 8k. While Shervin Pishevar expects this trend to continue for a period of time, he also believes that over the next 24 months, the cryptocurrency will regain its stability and see a steady climb in price. The status of the United States, in particular, Silicon Valley, as the leader of innovation around the world, was also called into question.
Shervin Pishevar is of the opinion that innovation and the American way, is now without borders, as companies are rapidly discovering that location in the United States is not necessary for establishment. He described innovation as a movement, and the recent change in trajectory as a tectonic shift, specifically touching on the speed of execution amongst many of America’s innovative rivals, particularly China. With very few factors stifling the way China innovates, they are able to improve infrastructure at an alarming rate, recently building an entire train station from the ground up in as little as nine hours, with the help of 1500 workers.