Tag Archives: Uber

Shervin Pishevar Completes An Epic Tweetstorm

We have all seen the epic rants of certain Twitter members but the latest Tweetstorm of Shervin Pishevar appears to have been something completely different. The technology investor is a well-known face in Silicon Valley where he has become a close ally of SpaceX founder, Elon Musk. The close working relationship between Musk and Pishevar was highlighted by the decision of the Tesla founder to give the plans for his underground Hyperloop rail service due to his busy schedule.

Whether his intention was to make the public aware of the problems Shervin Pishevar believes are already affecting the U.S. economy or a true reflection of his beliefs, the Uber investor certainly began a conversation. The Tweetstorm by the University of California Berkeley graduate took in a number of topics surrounding the U.S> economy and the development of technology in the nation.

One of the most impressive series of Tweets from Pishevar discussed the problem of stalled growth in the U.S. technology sector. The start of the Tweetstorm saw Shervin Pishevar begin his series of Tweets by taking on the problems he sees coming in the U.S. economy and would go on to explore his feelings about the U.S. technology sector.

Perhaps the most shocking Tweets were reserved for Silicon Valley and the giants of the technology sector in the U.S. Shervin Pishevar has been one of the leading figures in this sector but believes the innovators in the industry are being halted from achieving their best work by the stranglehold of the top five companies.

Despite top names such as Google and Facebook remaining at the top of the global charts in the technology sector, Shervin Pishevar believes the best days for the U.S. technology sector are behind them. Pishevar stated the stranglehold of the major companies in the technology sector had been stalled for too long by greedy members of the top five technology companies in the world. The epic Tweetstorm named nations such as China as already moving ahead of the U.S. in this sector because of tighter controls over the technology sector.

https://news.vice.com/en_us/article/qvzgj3/shervin-pishevar-hyperloop-one

Shervin Pishevar says financial innovation just increases risk for investors

Since the 1970s, financialization has turned much of the U.S. economy from being based on real productivity into a gigantic craps game. The casino-like nature of the modern equities markets, coupled with the fact that in order to avoid steep depreciation of money people are forced to play these games, has meant that the risk associated simply with saving money has skyrocketed.

But the systemic problems associated with financialization are mild when compared to the serious problems that investors can face if they are not extremely careful about what funds they choose.

Learn more: https://www.bloomberg.com/research/stocks/private/person.asp?personId=627228&privcapId=40311345

Shervin Pishevar says many funds are outright scams

Shervin Pishevar is one of the foremost financial experts in the world of tech finance. He runs Investment company, one of the most respected venture capital firms in the world of technology. Shervin Pishevar also regularly tweets to his more than 100,000 followers on Twitter.

In a recent spate of tweets, Shervin Pishevar discussed the nature of compensation plans for fund management. He said that much financial innovation is actually just the creation of more risk. But this is disguised as being somehow good for the individual investor or the markets. The conceit is that these instruments increase liquidity, provide more secure or higher returns or provide a means of diversification. In fact, the overall effect of many financial innovations, like credit default swaps, is simply to increase the volatility of the funds under management.

Shervin Pishevar says that this increase in volatility benefits managers because they are often compensated in a way that allows them to participate in the upside while not assuming any downside risk. Pishevar says that this amounts to a classical principal-agent scam where one party maximized their profits by simply creating as much risk as possible, thereby maximizing their payoffs when they get lucky and double the funds’ money.

But Shervin Pishevar warns that investors should not be fooled by these arrangements. He says that there is virtually no evidence that hedge funds or other actively managed funds are able to outperform simple index funds. He says that the only active investing method that is shown to work is value investing.

https://www.bizjournals.com/southflorida/news/2018/07/03/shervin-pishevar-buys-miami-beach-home.html

Shervin Pishevar Puts His Famous Audacity On Display On Twitter

Consider that Iranian-American super angel investor Shervin Pishevar was the keynote speaker at President Barack Obama’s 2008 Summit on Entrepreneurship in Algeria. He was also one of 10 members of the United Nation’s Global Entrepreneur Council.

That would suggest that Shervin Pishevar is a man with views on business and world economics that are highly valued. So when such an esteemed personage goes on an intense 21-hour Twitter rant, people tend to listen, even if what’s being Tweeted seems downright outrageous.

Mr. Pishevar had been relatively silent on on Twitter account for months. Then, suddenly, the Twitter floodgates opened and Mr. Pishevar spilled forth with dozens of observations. He talked about everything from the fundamentals of the economy and cryptocurrency to the fate of Silicon Valley and the “death” of inflation.

About inflation — Shervin Pishevar said that America has essentially solved its inflation problem by “exporting” it to other countries via trade policy. He pointed out that mainstream economists have been making one erroneous prediction about inflation after another. None of their forecasts have ever come true. So is inflation a relic of the past for America? Time will tell.

What about Bitcoin? Shervin Pishevar says the cryptocurrency has been wildly overvalued of late. He thinks it price will plummet, but also that it may stabilize at a value of perhaps $2,000 to $5,000.=

Shervin Pishevar had much to say about Silicon Valley — a place where he himself made a fortune backing an array of high tech start-ups. The opinions of Pishevar Tweeted about Silicon Valley paint a rather dire picture for this vaunted California corridore of extreme innovation and advanced tech advancement. In short, Shervin Pishevar thinks the best days of Silicon Valley are well behind it. He said Silicon Valley has become more of an “idea” than a specific location.

Pishevar also threw some shade at such giants as Microsoft, Amazon, Alphabet and others. He said these behemoth business models have been allowed to become too big and powerful. That stifles new innovation from “the small guy,” and this ultimately hurts all entrepreneurship and innovation.

https://www.fastcompany.com/90202302/controversial-vc-shervin-pishevar-tweets-to-help-you-any-way-he-can