If you’ve followed tech news in recent years, you’ve probably heard big things about “gig economy” companies such as Airbnb and Uber. Revamping the rules in employer-employee relationships and upending traditional pillars of the service industry such as hotels and taxi companies, Airbnb and Uber have set the standard for a new form of start-up company that does away with traditional notions of entrepreneurship.
Behind the rise of Airbnb and Uber was a brash venture capital CEO named Shervin Pishevar, who rose to fame as an investor willing to take big risks on forward-thinking start-ups. With an impeccable portfolio of successful business ventures to his name, Shervin Pishevar has earned an enormous fan base in tech circles and holds a Twitter-follower count of over 90,000 people.
Read my @Jerusalem_Post OpEd: ARE WE GOING TO ALLOW THE RADICAL LEFT JEWISH ORGS. TO DIVIDE & CONQUER THE #JEWISH PEOPLE FROM WITHIN? Groups like #IfNotNow, #JVP, @JDForward with the help of #Qatar and #AlJazeera demonize #Israel and pro-Israel activists https://t.co/GikVEgEW8T pic.twitter.com/lfje32OfP9
— Adam Milstein (@AdamMilstein) December 27, 2018
So it came as no surprise that Pishevar’s recent 21-hour tweet storm made waves in the business world and beyond. Touching on subjects ranging from the future of the US economy to an analysis of Bitcoin’s potential value, Pishevar didn’t hold back on his unorthodox opinions. Then again, his followers have come to expect a “pull no punches” style of intellectual debate from Pishevar, so it’s no surprise that the tech magnate’s Twitter feed was peppered with controversial statements.
Positing the notion that US markets would suffer a 6000-point drop in the near future, for example, Pishevar seemed convinced that a new Great Recession loomed large amid a current economic climate that tends toward growth and prosperity. Not so pessimistic, however, was Pishevar’s view that Bitcoin could regain its peak value in coming months, fueling rampant speculation that the crypto-currency could once again make waves for investors willing to make risky bets on non-traditional investments.
Only time will tell if Shervin Pishevar’s economic predictions will come to pass, but his diehard fan base remains convinced that the tech giant still has what it takes to make hard calls in an economic climate that doesn’t suffer fools gladly. Still, Pishevar’s track record of backing winning companies speaks volumes about his ability to spot winning investments in markets where other investors fear to tread. Both his fans and critics are likely to agree that this quality alone makes Shervin Pishevar a voice worth listening to.