Shervin Pishevar is not one to mince words. He certainly isn’t someone who appears shy about tweeting his opinions. Pishevar’s Twitter feed consistently shares opinions, and insights person interested in tech, entrepreneurship, business, and philanthropy would find intriguing. At times, Pishevar may even turn his Twitter feed into something a bit shocking. A February 2018 tweet storm raised eyebrows for sure. Pishevar’s comments on the tech industry, the stock market, cryptocurrency, and antitrust laws came off as both opinionated and informational. Business news outlets concerned the tweet storm newsworthy and covered it.
Media outlets have good reasons to follow the commentary of Shervin Pishevar. Per Wikipedia, the number of companies the entrepreneur and venture capitalist seeded tops more than 60. In addition to consistently serving as a dynamic investor, Pishevar acts as an advisor to major companies such as Uber.
His tweet storm appears directed more towards the average person wishing to discover different perspectives about investing and finance. Pishevar indeed sent out a warning to anyone invested in the stock market. He feels the market can’t avoid a deep drop in value. Pishevar’s opinion proved somewhat prophetic. While prices didn’t drop to the level he predicted, November of 2018 — 9 months after the tweet storm — the Dow Jones took a terrible drop.
Shervin Pishevar also noted his issues with the tech industry in his tweets. He believes the top five tech companies wield too much power. Pishevar suggests dusting off antitrust laws such as ones employed against the telecommunications industry to address “Big Tech’s”strength. His tweets on this matter also seem prophetic. Recent news reports suggest the government may take an antitrust case against tech companies. Facebook appears readying itself for an antitrust battle.
Apple may find itself with worse worries than an antitrust suit. The company’s stock suffered significant losses. A route of tech stocks factored into the stock market’s decline. Shervin Pishevar believed the market and cryptocurrency would decline, but and probably isn’t surprised the tech sector played a role in recent market woes.
Time will reveal how accurate his tweet storm commentary turns out.