Shervin Pishevar, a graduate of the University of California, Berkeley, as well as the co-founder of Virgin Hyperloop One and An investing firm, often takes to social media to deliver posts regarding his perspective on upcoming trends within the stock market, and possibly lucrative business investments. Throughout his career, Shervin Pishevar has identified and invested in a number of thriving companies while in their startup phase, including Airbnb, Dollar Shave Club, Tumblr, and Warby Parker, which have proved to be extremely profitable for his portfolio as well as his reputation.
After a short respite from the social media platform, Twitter, which lasted for two months, Shervin Pishevar returned in recent weeks, promptly shaking the social media community. Of the topics discussed, which spanned the course of 50 tweets over a 24 hour period, his thoughts regarding the future of the stock market, the fall of the five unicorns, and the eventual rise of Bitcoin stood out.
The stock market experienced a resurgence during the latter part of 2017, but as we entered in 2018, things became considerably dicier, and many of the gains of the previous year were lost. Based on the events of 2017, a number of prominent investors, including the President of the United States, Donald Trump, showed unwavering support for the stock market. During the tweetstorm, Shervin Pishevar talked of a crash in the stock market that would amount to a 6000 point drop.
As with many of his predictions, things seemed to be coming into fruition shortly after the social media tirade, as the Dow Jones suffered one of the most substantial drops of the last decade, tumbling more than 1000 points by days end. Shervin Pishevar wasted no time taking the fight to the President of the United States, due in part to his staunch disapproval of the president’s backing and began pushing the hashtag, Trump Dump. The five unicorns that exist in the United States today have been growing at an exponential rate, but unfortunately, this has put a strain on competition, keeping America behind a number of countries that have adopted the “American way.”