- Written by: PetsPetsPets
- Category: Bitcoin, Business, CEO, Entrepreneur, Financial Experts, investment, Technology
- Published: October 23, 2018
There are a number of Silicon Valley executives that like to spend time on social media. However, there was one early Uber investor who decided to take his Twitter presence to a whole new level with an amazing 21-hour Tweetstorm. That executive, Shervin Pishevar, made a number of predictions on everything from the stock market to Bitcoin to the future of Silicon Valley. Below are some of the most outrageous predictions from Mr. Pishevar.
The Markets Will Collapse by 6,000 Points
Shervin Pishevar kicked things off with a huge prediction for the markets. Specifically, he sees the markets crashing by 6,000 points. If that prediction turns out to be true, then this would mark the first bear market, in the United States, in over a decade. So far, Mr. Pishevar’s prediction has not turned out to be true. However, the markets have experienced some volatility in the middle of 2018.
Crypto Will Fall Hard As Well
The ever popular Bitcoin was not spared from the Shervin Pishevar tweet storm. The early Uber investor predicted that the crypto currency would fall anywhere between $2,000 to $5,000. That would mark an almost 90% fall from the $20,000 high in late 2017. So far, Mr. Pishevar’s prediction has been mostly on target. Bitcoin did indeed fall to the $6,000 level before bouncing up close to the $7,000 level by October of 2018.
The Pishevar Foundation, our family foundation, will donate donate another $25,000 to help the victims and their families. We are all united against hated. https://t.co/WxZloWNGdE
— Shervin Pishevar (@shervin) October 29, 2018
Silicon Valley Will Lose Its Crown as the Leading Tech Hub
Perhaps one of the most shocking predictions to come from Shervin Pishevar is that Silicon Valley will no longer be the central hub for developing tech companies. Instead, Mr. Pishevar believes that tech companies will set up shop around the world and communicate remotely with clients, vendors and staff. So far, it is too early to tell if this prediction will come true. However, the tech world is seeing more and more new companies emerge from outside of Silicon Valley.
Shervin Pishevar went on to make more pronouncements and predictions on other subjects including American infrastructure and Elon Musk. Some of Mr. Pishevar’s predictions have hit their mark which has raised interest in the rest of Mr. Pishevar’s tweet storm. Time will tell if any more of Mr. Pishevar’s predictions will come true.