Tech mogul issues warning to investors in 21 Hour Tweet Storm

Shervin Pishevar is a successful investor who is followed by many because of his accurate predictions of the economy. When he immigrated to the United States, he became a venture capitalist, and today his success is unmatched. He owns several companies including Dollar Shave Club, Warby Parker and he also has shares in Uber. The entrepreneur is also one of the brains behind the development of Virgin Hyperloop.

In February 2012 Shervin Pishevar he started a series of tweets lasting for 21 hours. In about fifty tweets, he gave warning to investors about the future of America’s economy. At the time of starting his tweets, the Dow Jones Industrial Average was declining, and the trend spooked many investors. He forecasted that it would fall in the year. “I expect a 6,000-point drop in aggregate,” he tweeted.

Shervin Pishevar mentions in a tweet that in 2009 he wrote a comprehensive essay warning the United States. He passed the information that America should not believe in retaining economic monopoly during this Information Age. The message is evident in his tweet, “Silicon Valley is no longer a physical place but an idea that’s gone viral.” In another tweet, “While we build walls…to keep out immigrant talent, that talent doesn’t need to come here anymore,” he warned politicians and citizens.

Some tweets talked about the issues of isolationists who think they can use national boundaries to retain tech talents. In particular, he mentioned that the advent of cryptocurrency gives entrepreneurs an opportunity to do their businesses internationally avoiding frictions and lengthy processes. He also pointed out the ability of China to build a train within nine hours.

Shervin Pishevar also thinks that the world is experiencing an economic shift whereby he sees a kind of evolution. In this trend he sees America struggling to maintain its top position economically. He tweeted, “When all the middlemen are irrelevant, we can have an economy that is more perfectly efficient.” Entrepreneurs should decide whether they would follow the warnings of the seasoned entrepreneur or they would remain as middlemen.

https://www.accompany.com/people/shervin-pishevar

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