Shervin Pishevar is renowned for his accurate predictions on the economy and technology aspects of the United States of America. Basing on history of his predictions, Pishevar has the ability to identify opportunities and make appropriate decisions long before realization of its effect to the public. The growth of his career in the investment industry transcends all other personalities in the industry. Pishevar is the founder of An investing firm. He has also invested in multi-billion tech companies including Airbnb and Uber. Besides, he is popular for his controversial tweets on diverse topics on status and trends of the United States.
In one of his 50 tweets that he sent over a 24 hour period, Shervin Pishevar criticized the Unicorns for their recent moves in acquiring startup competitors. According to Pishevar, old forests should burn out to make room for the new. He mentions Microsoft, Amazon, Google, Apple, and Alphabet as the big five unicorns in the United States that may lead to a downfall of the country’s economy. Basing on his extensive experience in the business world, Shervin Pishevar warns against buying of the small companies by the unicorns stating that this would cripple the national system.
Gundlach predicts a 3% yield on the 10-year Treasury will spell the end of the bull market https://t.co/iVWb7KCgQ2
— Shervin Pishevar (@shervin) March 18, 2018
In the tweet, Shervin Pishevar demonstrates how startup companies are gradually getting absorbed by the unicorns. He blames the corporate world for the collective blind eye to impending effects of the trend. Pishevar emphasizes on negative impacts of the power and influence of these unicorns to the nation. He considers the five companies as monopolies in the technology industry. Pishevar remains adamant on his negative perspective of economic giants built on monopoly frameworks. He clearly demonstrates his worry on future of the economy if the unicorns continue to dominate and buy out the small competitors.
Although none of his predictions can be guaranteed, it is suicidal to assume the 50 tweets. Any business owner and investor should take into consideration the warnings and make individual assumptions. Shervin Pishevar’s track record on identifying trends and making timely investment decisions is admirable. Most of his past predictions and follow-up decisions have been right. Hence, more reason to look into the tweets other than brushing them off.