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Shervin Pishevar’s 21-Hour Tweet Storm: A Tech Brahmin Speaks

If you’ve followed Silicon Valley news in recent years, you’ve probably read about the meteoric rise of companies such as Uber and Airbnb. Revolutionizing the way in which customers hire services via tech company apps, Uber and Airbnb were some of the biggest companies to emerge from Silicon Valley’s highly competitive start-up culture in the last decade. Less well known, albeit equally important to those firms, however, is Shervin Pishevar, the investment guru whose venture capital fund gave Airbnb and Uber their start towards tech market dominance.

A key figure in Silicon Valley lore who rose through the ranks of the tech industry elite by providing capital to long-shot start-ups that took the world by storm, Shervin Pishevar is no stranger to controversial investment philosophies. So when the entrepreneur delivered a 21-hour tweet storm to his nearly 100,000 Twitter followers recently, the industry maverick turned a lot of heads in Silicon Valley and beyond and made headlines in the process. After all, it isn’t every day that Shervin Pishevar shares his insider knowledge of the workings of Silicon Valley, so when he does, the eyes of a new generation of entrepreneurs are on him.

Suggesting in his marathon Twitter session that US markets would drop by a gut-wrenching 6000 points in the near future, the usually optimistic Pishevar seemed adamant that investors should play their cards close to their chest in coming months despite a seemingly booming economy. If Pishevar is correct, such a market drop could precipitate a global recession of the kind not seen since the 2008 crash.

Despite his pessimistic attitude towards the future of the US economy, Pishevar did take his Twitter tirade in a more upbeat direction when it came to the subject of embattled crypto-currency Bitcoin. Suggesting that the alternative coinage would retake its peak 2017 value level in the near future, Pishevar’s words likely came as welcome reassurance to investors who believe that Bitcoin can still provide the stellar returns of its halcyon days, when shares reached a value of $17500 each and made investors billions of dollars.

For both fans and critics of Shervin Pishevar alike, the tech brahmin’s stellar approach to selecting investments is virtually unparalleled in the current marketplace. With a brash public persona and a penchant for making risky bets on unorthodox investments, Pishevar can sometimes cut a divisive figure in the tech landscape, but his supporters know that his Twitter account will be one to watch in 2019 and beyond.

https://www.youtube.com/watch?v=GdIlKLX5Pn8

Shervin Pishevar Predicts That the U.S. Market Will See a 6000 Point Drop

Shervin Pishevar is a respected American entrepreneur of Iranian descent. He receives great reverence because of some of his most successful entrepreneurial ventures. Shervin Pishevar is the co-founder of Virgin Hyperloop One, WebOS, JamCity.. He is also an angel investor in some of the renowned companies including Uber, Airbnb, Didi, and Ipsy among others.

Shervin Pishevar has been silent for long on Twitter up until February 2018. He took to Twitter with a series of 50, 21-hour long tweets regarding the current state of the U.S economy. In his first tweet, Shervin Pishevar expects that the U.S. market will experience a drop. He mentioned that “Some thoughts on financial storms I seeing brewing ahead. I expect 6000 point drop in aggregate in months ahead.” In addition, he backed his predictions with a couple of viable reasons.

One of the reasons for this drop is that the market has already given up all the gains of 2018, and this will trickle down to the gains of 2017. There is more. The Hyperloop One co-founder also tweeted “Rising interest rates, increasing credit account deficits and tax giveaways without matching service cuts lead to a descent into panic.” Clearly, these are some of the issues that will see the points drop.

Shervin rants on about the unattractive state of the economy saying that the bond market will also be affected, and it is not the safe haven that people perceive it to be. The current state of the economy leaves no room for safety, considering that every asset class is already overhauled. His advice to those in the bond market is that “Bond market is not as deep as well we think. Everytime bonds move so quickly in any direction, it ripples throughout the financial markets.” Safe to say, Shervin Pishevar tries to advise the American investors to try to look into other ventures and or opportunities. Opportunities that will not plunge the U.S. economy into a sorry state, but one that will help rejuvenate it.

www.imdb.com/name/nm6840912/

Sahm Adrangi on QuinStreet

It is not very often that people think of investing in a company that they believe will lose money, but this is exactly what the Chief Investment Officer of Kerrisdale Capital Management Sahm Adrangi does. Sahm Adrangi engages in a type of investing known as short-selling, which is essentially a way of saying he bets against a company. Sahm Adrangi is very careful about what companies he chooses to arrange a short sale attack on an does extensive research before making the decision to go ahead with his plans. Unlike most short sellers who tend to do this anonymously or by a Trojan Horse like attack, Sahm Adrangi makes the findings of the research completed by Kerrisdale Capital Management well known. He publishes his findings online and gives press conferences about the matters frequently. He specializes in certain fields like biotech, mining, and telecommunications. This time, he has set his focus on an online marketing company called QuinStreet.

QuinStreet earns revenue by generating traffic to the websites of the companies that they are affiliated with. By generating traffic, the affiliate can make money from the potential customers. Unfortunately for their clients and investors that jumped onboard the company when their stock price rose, this traffic may all be extremely bogus. The research that Sahm Adrangi produced suggests that QuinStreet is engaging in fraudulent business practices by generating traffic from bots as opposed to actual people. This means that their customers are paying them for services that they actually are not receiving. It also means that their investors were led to believe that QuinStreet is doing much better financially than they actually are. One of the things that made Sahm Adrangi question the validity of the traffic is the fact that most of it went to only one company. Kerrisdale’s findings how that QuinStreet is not a quality organization and their business model is riddled with flaws on a fundamental level.

http://nakreport.com/2018/01/09/kerrisdale-capitals-sahm-adrangi-remains-thumbs-down-on-northern-dynasty-minerals/