After a stomach dropping drop in the stock market on February 5, Shervin Pishevar sent out a flurry of tweets addressing the deep concerns he has about the US economy overall. Starting on February 6, Shervin Pishevar went on a Twitter rant that lasted 21 hours and included 50 separate tweets addressing the stock market, immigration, technology, bitcoin, and much more. For the most part, the predictions he made in these areas are dark and gloomy.
After experiencing a dramatic drop, one of the tools the government can use to re-correct the market is quantitative easing. Shervin Pishevar said that people should expect to see US leaders using this tool after the stock market dropped on February 5 and in the future. However, he warned that people should not be fooled by it. While it has been an effective tool in the past, he says that it has been overused and will not continue to be effective. As the stock market tanks, Shervin Pishevar has dark predictions for big funds as well, like Managed Future Funds. He expects to see at least some major funds crumble in the days ahead.
Shervin Pishevar acknowledged that Silicon Valley used to have strongholds on talent and ideas. He is actually one of the big players in the Silicon Valley area. He is an entrepreneur and investor who made much of his fortune with a venture fund that invested in the early days of Uber. He even served as one of their advisors. In addition to the vast experience he has as a super angel investor, philanthropist, and entrepreneur, he has worked as an entrepreneurial ambassador in State Department delegations in the Middle East and Russia.
He feels that the exclusivity that Silicon Valley once had is just no longer there. And while this is good on a global scale, Shervin Pishevar mentions that it is not good for short-term domestic growth in the United States. The idea of being an entrepreneur is now something that has taken the world by storm. Talented individuals from other countries no longer need to come to the United States to get their ideas off the ground.