Shervin Pishevar Says Giant American Tech Companies Too Big, Powerful

At age 23 Shervin Pishevar created the groundbreaking WebOS, the first-ever company to produce cross browser Windows-like platforms for use on the Internet. This produced nothing less than the advent of cloud computing. It was a remarkable achievement and breakthrough for the young, Iranian-born American entrepreneur.

Just a few years earlier the brilliant young Shervin Pishevar was expected to enter the field of biomedical research, a field in which he had already made important contributions while still a student.

In the years that followed, Shervin Pishevar went on to become one of America’s most significant and accomplished super angel investors in the high-tech sector. He backed some of the biggest success stories, entities like Uber, Airbnb, Tumblr and Machine Zone. He was also co-founder of Hyperloop One and Sherpa Capital. That’s to name just a few.

So when Shervin Pishevar recently launched into an epic Tweetstorms that went on for hours and churned out dozens of Tweets, it created something of a media sensation. Mr. Pishevar offered a wide range of opinion on everything from the stock market to the potential fate of cryptocurrencies, especially Bitcoin. He also talked about Silicon Valley, the inflation rate in the U.S. economy and the role of such giant companies as Apple, Microsoft, Amazon, Alphabet and Facebook.

As for these high-tech American behemoths, Shervin Pishevar said they have become too large, to rich, too powerful — and they are using their enormous influence to crush the hopes and dreams of small, innovative entrepreneurs. The remedy, he suggested in a Tweet, is to maybe break them up, just as AT&T was broken up by government regulators in years past.

As for Bitcoin, it may also be wildly overvalued, Pishevar Tweeted. He predicted a significant downward in correction for this “stateless” cryptocurrency. He also predicted Bitcoin will stabilize at a lower value.

 

https://www.elitetrader.com/et/threads/early-uber-investor-shervin-pishevar-buys-miami-beach-mansion-for-17m.322705

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