Shervin Pishevar is well-known for his entrepreneurial savvy and his ability to find the right investments to seed. He has successfully seeded over 60 companies, both individually and through his own company, Sherpa Capital. He has also created new companies himself, one of which is Hyperloop One, a technology firm that focuses on new and innovative ways to transport goods cheaply and quickly. When someone like Shervin Pishevar, who has had his ear to the ground on the U.S. Economy for years, starts to talk about the fall of the economy during a 21-hour tweeting session, people will tend to listen.
This session on Twitter, the large social media platform that allows its users to create 140-character posts, raised a lot of eyebrows. Shervin Pishevar has made predictions like this in the past, but none of them have been so clear, and none of them have been on so many topics. Pishevar talked about the future of bitcoin, the U.S. Economy in general, innovation, technology, and most importantly, the place of the U.S. on the world stage going forward. It was in this realm that most people got concerned.
Pishevar started by stating that the United States would no longer be the center for innovation and technology. He stated that innovation was becoming borderless, with so many more people and companies from around the world gaining access to the internet and other resources that had once been reserved for large corporations with enormous capital reserves. He also stated that Silicon Valley, once a haven for innovation, has dried up. It is no longer competitive on the world stage and will be the cause of the downfall of the U.S. in the tech sector.
Pishevar then went on to talk about America’s place in the infrastructure and manufacturing race, an area that has been hotly debated and cited for the reason by the U.S. needs to spend more on bringing in companies and building new roads and bridges. Shervin Pishevar stated that countries like China are able to build major projects in less than a day, while the U.S. struggles to even find funding. Overall, Shervin Pishevar’s tweets spelled doom and gloom for the U.S., and it suggested that a new superpower was about to take the world stage.