Tag Archives: Finance

The Shervin Pishevar rant.

Most have heard of it.

Those who haven’t will.

The man ranted about everything from Bitcoin to the stock market. He even had a few words to say about big businesses such as Apple and Amazon.

One must wonder, however, why?

This is a guy who has never behaved in such a manner before.

Shervin Pishevar is not known for just getting on social media to discuss various topics,

and to make matters worse, the topics are downright depressing.

Are you trying to warn us about an oncoming decline, Pishevar, or are all of these things just in your head?

Whether or not his negative forecasts are all figments on his imagination, one thing is certain: something is definitely up with Shervin Pishevar.

Could this 21-hour rant be an attempt to derail attention from the sexual assault charges that are against him?

And what is the real reason behind his resignation from Sherpa?

As the founder of Sherpa Capital, he had held such a prestigious position in the company.

Are this rant, his public resignation letter, and the assaults all connected?

Could be, but one thing’s for sure: we now know how he feels about big business.

According to his rants, it would appear that Shervin Pishevar is against big business holding too much power.

Which businesses in particular?

Five worldwide companies:

  • Amazon
  • Alphabet
  • Facebook
  • Apple
  • Microsoft

According to Pishevar, these companies have “too much power” and are making it difficult for small businesses to grow and get the customers that they need to thrive.

Have any of these companies responded or reached out to Pishevar regarding his claims?

If any have reached out to them, it has been on a much smaller scale; no response has been made public.

The more important question is: should any of these companies respond to Pishevar’s claims?

In my opinion, no.

It would seem that by mentioning these companies and other situations in the world, Pishevar is simply trying to divert attention away from the sexual assault and rape cases that are against him.

https://innovators.berkeley.edu/article/fireside-chat-uber-vc-shervin-pishevar-98

Shervin Pishevar and HODL Investing

Shervin Pishevar’s prediction about the price of Bitcoin continuing to fall was accurate. The cryptocurrency market did not rebound after February. Much of the gains from 2017 were lost. The whole market was affected. Back in February, Shervin Pishevar saw interest rates and other factors weighing this industry down.

Shervin Pishevar is not a fortune teller, rather, he understands that the market is volatile. Investors do not have a lot of confidence in this market, and thus, are not willing to stick out the tough times. While this means there is more money to be made, it also makes it harder for cryptocurrency innovation.

Part of the reason that Shervin Pishevar projected continued market slippage through February is due to an industry trend. The cryptocurrency market has regularly risen at the end of the year. Then, market volatility tends to lead to a fast and sharp retraction.

The young industry is still overly influenced by the major markets. This is why its market cap grows and shrinks so quickly. Nevertheless, a correction follows the fall of prices at the beginning of the year. While it seems stable compared to the larger end-of-year volatility graph, this stability is detrimental to the uninformed, conservative crypto investor.

Cryptocurrencies are a highly technical industry. Its market cap is controlled by investors with more specialized knowledge than the fund behemoths of traditional financial markets. Conservative crypto investors must understand that innovation is not merely ongoing, it is rampant. Knowing about the more important looming releases illuminates price fluctuations. They may be subject to volatility, but at least they are backed by rational responses to market conditions.

Being uninformed in the cryptocurrency market is more detrimental to short term traders. There is a saying among crypto enthusiasts, “HODL”. Hold on for Dear Life, or HODL, is just one of the terms embraced by this community to cope with volatility unseen by any other market of this size. A long term investor that leaves their investment alone for several years allows innovation to reach its apex. This is the successful strategy that Shervin Pishevar alludes to.

https://hyperloop-one.com/team