Shervin Pishevar warns of monopolies

Shervin Pishevar is the former managing director at Sherpa Capital. He has been instrumental in nurturing talents of brilliant entrepreneurs. Through Sherpa Capital, he has invested in startups that have become leading companies in the world. He is today recognized as an early Uber investor. He played a significant role in the growth of this company into a unicorn. Pishevar has never shied to give his opinion on matters touching on investments. One of the areas that every investor looks at is economic growth in a country. If the economy is doing well, that means it can support a good idea. As a venture capitalist, Shervin Pishevar has come to understand a lot about the economy.

In February, Pishevar posted 50 messages via Twitter, indicating why he thought the country was not doing well economically. He touched on various matters such as the decline of the stock market as some of the indicators of a declining economy.

Shervin Pishevar also touched on other matters such as immigration, bitcoin, and gold. On the immigration, he indicated that the country would lose immigrant talent for failure to pass a bill that would have made it possible for immigrant talent to find space in the United States.

Shervin Pishevar went on to say that five monopolies in the United States will affect the economy of the country. The five monopolies have made sure that no other great idea has space to grow. They are using their might to buy every good idea from the Silicon Valley. The five monopolies are Facebook, Alphabet, Apple, Microsoft, and Amazon. He is warning against allowing these companies to control everything. They risk taking the economy down in case they encounter challenges. Shervin Pishevar fears that Uber could be the last great idea from Silicon Valley. He suggests that these companies should be split up.

https://obamawhitehouse.archives.gov/the-press-office/2015/06/26/president-obama-announces-more-key-administration-posts