Shervin Pishevar is an investor and is the founder of Sherpa Capital. Over the years he has made some great investments, as according to this article in Business Insider by Becky Peterson, Pishevar was an early Uber investor. That being said, Pishevar stepped down from his position at Sherpa Capital amid sexual misconduct allegations. According to Peterson, Pishevar had stayed largely out of the spotlight until his 21-hour Twitter rant.
Shervin Pishevar’s rant covered a large amount of topics, ranging from business to infrastructure. There were some negative predictions and observations made throughout the course of this Twitter storm. Below are some of the interesting predictions that Shervin Pishevar made.
6,000 Point Drop in Markets
Pishevar began his massive tweet storm by declaring that the market would drop 6,000 points over the next several months. This statement essentially sets the groundwork for the rest of the tweets that follow. On this bombshell, and as an explanation of this bombshell, Pishevar continues in his predictions.
Continued Bitcoin Crash
Pishevar does not think that the bitcoin crash is over. In his prediction, Peshivar sees the bitcoin crash continuing until its eventual stabilization in the “2-5k range.” He then sees bitcoin actually making a more steady rise after its stabilization.
Rise in Gold
As a response to the drop of bitcoin, Pishevar sees gold rising.
End of Silicon Valley’s Reign
Pishevar predicts that Silicon Valley’s grip on the tech industry is coming to and end. In his mind, Silicon Valley is no longer a place but an idea. As an idea, it is border-less and unconstrained. He also feels that Silicon Valley has been losing some of its edge against competitors.
U.S. Infrastructure Inferior to China’s
As an example of how effecient China has now become in regards to building infrastructure, Pishevar gives the example of a train station being built in China in just 9 hours. He compares this to a decaying U.S. system.
These are only some of the predictions Shervin Pishevar gave in his enormous twitter rant. That being said, only time will tell whether his predictions will be validated or not.