As Silicon Valley tech firms continue to dominate markets at home and abroad, few figures from the region have developed quite a high profile as Shervin Pishevar. A former venture capital CEO with an astounding ability to invest in winning companies such as Airbnb and Uber, Shervin Pishevar rose to fame as a key figure in the wake of the “gig economy,” a movement Pishevar himself helped create, and his huge fan base in the tech world has made him something of a guru in business innovation circles across the globe.
In a recent 21-hour tweet storm that took Silicon Valley by surprise, Shervin Pishevar delivered stunning predictions about the future state of the market and investments such as Bitcoin. Telling his 90,000-plus followers that US markets were due to crash by 6000 points in coming months, Pishevar was adamant that investors should tread carefully with their stock purchases in the future. Pishevar seemed more positive about the prospect of Bitcoin regaining its peak value, however, stating his belief that the alternative currency would pick up strength in the near future. For crypto-currency fans, this was good news indeed: Bitcoin was an extremely profitable investment in 2017, but a drop in value early in 2018 has left investors disappointed.
With his self-assertive investing style and his willingness to take big risks on unorthodox companies, Shervin Pishevar is no stranger to controversy. Considering his ability to spot tomorrow’s leading companies while they’re still in their development phase, however, it looks like Shervin Pishevar may have a better understanding of the marketplace than most elite investors of his field. Considering the competition Pishevar is up against, that is saying something indeed.