Shervin Pishevar Predicts the Stock Market Will Tank 6,000 Points in Coming Months

In February 2018, Shervin Pishevar predicted that the market was going to drop an aggregate 6.000 points. This was after the market had experienced a dramatic drop. He gave 50 reasons why he feels that this drop will occur. The overall message that he sent out to the Twitter world is that things relating to the US economy will get worse before they are able to get better.

This Twitter storm lasted 21 hours. This may have come as a surprise to many considering that Shervin Pishevar hasn’t used his Twitter account to share any ideas on leadership, economics, or venture capitalism for over two months. The last time he posted anything was in December 2017 when he announced that he would be resigning from Sherpa Capital, a venture capital fund that he had co-founded and served as a managing director with. This company is known for investing in Uber, Munchery, and Airbnb.

One of the points that Shervin Pishevar mentioned was that there has been a loss in exclusivity in Silicon Valley. He says that it is now an idea that’s gone viral and is borderless. This means that immigrant talent that once needed to come to the United States no longer needs to do so. He warns that innovation that is frictionless is flourishing in other countries. One example he gave was of a team in China that was able to build a train station in just nine hours. His basic point was that the American economy isn’t alone.

Shervin Pishevar predicts that companies that have been built on monopoly frameworks are going to fall. His gloomiest predictions involved Google, Microsoft, Alphabet, Amazon, and Apple. He calls them monopolies and says that they should fall because that is how evolution works. He warned about their ability to buy out small startup companies, which will make the entire system fail. He feels like everyone is turning a blind eye to the power that these giant companies hold.

Not all of Shervin Pishevar’s predictions were dark and gloomy. He predicted that there are a few companies that inspire good work and will continue to rise. He specifically mentioned Virgin Hyperloop One and SpaceX.

https://eca.state.gov/fulbright/about-fulbright/j-william-fulbright-foreign-scholarship-board-ffsb/ffsb-members/shervin

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