Shervin Pishevar Paints A Gloomy Economic Forecast In His Recent Tweetstorm

Some people might remember Shervin Pishevar when he was Obama’s keynote speaker at his 2008 Summit on Entrepreneurship in Algeria. That same year, Pishevar help create the Obama Technology and Innovation Plan. Other people might know Shervin from his ballsy investments in Uber, Warby Parker, Machine Zone, and Tumbir. Pishevar was an Uber advisor, and he was also a board advisor. In 2013, Pishevar left Menlo Ventures and decided to start Sherpa Capital his own venture capital company. Shervin Pishevar and Sherpa Capital parted ways at the end of 2017, and Pishevar went underground.

The reason Pishevar went off the investment grid is still an unanswered question, but some investors believe he needed time to sort out his investment life. Other investors thought Shervin was burnt toast in the startup world of Silicon Valley. But Shervin Pishevar’s 21-hour tweetstorm proved he wasn’t underground after all. He was studying the global economy and his tweetstorm shows the depth of that study.

Silicon Valley is the startup capital of the world, but according to one Shervin Pishevar tweet, Silicon Valley is losing its position at the top of the startup world. That tweet seems unrealistic, but when other countries like India and states like New York and California are part of the conversation, there is some truth in Pishevar’s tweet.

The Silicon Valley tweet is just one of more than 50 tweets that express Pishevar’s feelings about the state of the world’s economy. Shervin thinks investors should be ready for a stock market adjustment in 2018. And he also thinks the bond market isn’t going to be the safe investment haven it’s been in the past. Investors should buy gold and silver, according to Pishevar. And they should develop an alternative asset investment strategy that will protect them when the bottom falls out of the market.

Not everyone thinks Pishevar is right, in his assessment of the economy. But some investors know Shervin Pishevar is right more than he’s wrong when it comes to predicting ways to make a lot of money in the investment industry.

https://www.forbes.com/sites/tomiogeron/2012/02/27/one-venture-capitalists-personal-view-on-innovation-and-immigration/#6ddd0642740d