Shervin Pishevar’s understanding of economics is well known. He has a proven record of accomplishment to show with his purchases of companies such as Uber, Slack, and Dollar Shave Club. He recently sent out a Twitter barrage to discuss the recent economic failures, pending doom, and some shining lights at the end of the tunnel.
The good news is Shervin Pishevar sees some profitable companies and business models on the horizon. SpaceX is one, which works on very forward thinking aerospace transportation programs. Virgin Hyperloop, which Pishevar is one of the co-founders, is bridging out into new territory and will survive. Shervin Pishevar called these types of companies, “moonshots.”
The tweets refer to one of the most significant declines in the US stock market recently. The drop destroyed all of the profits of 2018, and he forewarns that all of 2017’s gain will be erased too. His prediction is gloomy. The market has the possibility of dropping 6000 points. Shervin Pishevar goes on to explain his theories.
Microsoft, Apple, Google, and Amazon are not big they are massive. One tactic they all use is to buyout emerging smaller companies and absorbing their technology or innovations. Pishevar states this business model will begin to crumble the bohemians. It’s hard to imagine a world without any of those companies, but it can and might actually happen.
Shervin Pishevar tweets about the US government bond market. The outdated means the central banks use to adjust the financial market is not sufficient anymore. The central banks could buy back bonds, but this trickery no longer will have any effect.
Young startups may change the face of business. These new stars can raise funds by crowdfunding. They also have the modern luxury of using different currencies. The two systems working together may open up many entrepreneurs and bring them to the big stage.
Shervin Pishevar envisions many disasters ahead, but there are a few moonshots and stars to watch out for.