Shervin Pishevar has an impressive investment history. Shervin was one of the first investors to recognize Uber’s potential. He invested more than $26 million in Uber while acting as managing director of Menlo Ventures. Pishevar’s investment in Uber has a value of $5 billion today. But Uber isn’t the only startup Shervin Pishevar invested in. Airbnb, Tumblr, Machine Zone, Warby Parker, and Munchery were part of Shervin’s investment strategy. Pishevar left Menlo Ventures in 2013, and he started Sherpa Capital.
It seemed like everything Shervin Pishevar invested in became a success. Pishevar’s investment credibility hit the stratosphere. But he resigned his CEO position at Sherpa Capital at the end of 2017 and fell off the investment grid. Shervin Pishevar decided he had to reinvent himself in February 2018. He did that by going on a 21-hour Twitter rant that shook the cobwebs out of some investors’ minds. His tweet tirade was a 50-tweet, no-holds-barred look at what investors can expect to experience sooner than later.
When Shervin sent his now famous tweet about a stock market adjustment, most investors didn’t think Pishevar was thinking straight. Shervin thinks the market will drop by 6,000 points, and the bond market isn’t going to be a safe haven when that happens. Economists now think Pishevar was on to something when he sent that tweet. More investors are pulling out of the stock market and investing in gold because they fear the bull market has run its course. Trump believes his economic agenda will keep the bull market intact, but the signs for a meltdown are obvious.
Shervin Pishevar tweet about the national debt and interest rates are no laughing matter because they are some of the ingredients that will create an economic meltdown. The national debt is more than $20 trillion. That debt continues to grow because Congress ignores the issue, according to Pishevar. The national debt, inflation, a trade war, and a president who thinks a tax cut will keep the nation’s GDP strong are some of the issues that will make some of Shervin’s predictions come true, according to some venture capitalists.