Shervin Pishevar is an angel investor who played a significant role with Uber. In February 2018, he took to Twitter to express his thoughts on a variety of topics. These topics ranged from the price of
Bitcoin to the potential for the stock market falling.
The Stock Market Will Likely Face a Correction
Based on market conditions at the time, Shervin Pishevar said that the Dow could drop up to 6,000 points. Furthermore, the price of Bitcoin would possibly fall to as low as $2,000. At a minimum, it would fall to about $5,000 before it would search for a support level.
Uber Is the Last Great American Startup
According to Shervin Pishevar, startups will be acquired by Google, Facebook or Amazon in for the foreseeable future. This means that new companies may not be able to form and grow to the level that this former startups did. Shervin Pishevar claims that Uber was the last company to start from nothing and grow into a mature business.
Elon Musk May Be Our Last Hope
Elon Musk is the owner of Tesla and SpaceX, and he also owns the Boring Company. These businesses seek to push the boundaries of what is possible in their respective industries. According to Shervin Pishevar, he is one of the few true visionaries that the country has.