Shervin Pishevar is a Venture Capitalist known well as the founder of Sherpa Capital and a former investor for Uber. In February this year, Shervin Pishevar unleashed a storm of tweets with predictions of how the economy in the US will decline and other predictions concerning Bitcoin, immigration and software companies in Silicon Valley.
A look at Shervin Pishevar’s predictions
According to Pishevar, Bitcoin is predicted to drop from its current value to a figure ranging between $2000 and $5000 with expectations of rising again slowly at a later time.
In a few months, Shervin Pishevar predicted that the stock market in the US is expected to suffer a huge blow and dropping down with 6,000 points.
Pishevar didn’t stop there, he went on later to attack Silicon Valley. He said that California would soon cease to be the stronghold of technological innovations. He claims that Silicon Valley has lost some of its edge in competing with other zones of innovation. He tweeted that Silicon Valley is now an idea that’s gone viral and it cannot be confined to a physical place.
Us losing to China, specifically on infrastructure
Shervin Pishevar went on to compare the infrastructure capability between the US and China. The speed with which China moves with will surpass that of the US because leaders in the US only focus on short-term thinking.
Shervin also predicted that Space-X and Virgin Hyperloop One will rise but will suffer derision because big companies in the US hold too much power and that is why startups never go far unless they are brought in by these big companies.
Who is Shervin Pishevar?
He is a Super Angel, a Venture Capitalist and an Entrepreneur who is also the founder of Hyperloop One and Sherpa Capital. He is of Iranian Nationality and resides in Florida California under American Citizenship and raises his two children as a single father. Shervin studied in the University of California Berkeley and had won awards from Ellis Island Medal of Honor and Outstanding American by Choice.