Over the past 10 years, there have been a number of very prominent investors that have been extremely successful in helping to raise capital for some of the top growing companies in the world. One individual that has continued to be considered one of the top investors in the world today is Shervin Pishevar. Most people know of Shervin Pishevar as being one of the top original investors in Uber, which is now one of the top global ride share companies in the world.
While Shervin Pishevar has a very strong and verifiable track record as an investor, he has also been very outspoken about a variety of topics in the world of investments. Over the past few months, he has continued to be very outspoken on social media. This includes a long 21-hour period in February 2018 in which he tweeted out about a variety of major topics taking place in the finance world.
During the “tweetstorm”, Shervin Pishevar discussed a wide variety of topics. One area that he discussed during his social media tirade was the current rise and fall of Bitcoin and other cryptocurrencies. The investor spent time discussing why he believed Bitcoin grew so rapidly and volume in 2017. During this time, he also expressed predictions that the price of the coin would fall dramatically in 2018. He predicted that it would fall as low as $5,000 per coin for beginning to increase a little bit during the rest of the year.
During this period, he also discussed a variety of other predictions about the global and United States economy. During this 21-hour period he predicted that we would see the United State go further into debt and continue to fall behind China and other global powers in a variety of ways including fiscal standing and infrastructure.
While Pishevar has gained a lot of fame and fortune from investing in Uber and other tech companies, he believes that the innovation coming out of Silicon Valley is slowing. What may be more concerning is that some of the top companies are now growing in the emerging markets, which could show a shift in power.