Former Uber Backer, Shervin Pishevar, goes on 21-Hour Tweet-a-thon.

Shervin Pishevar is an entrepreneur and philanthropist currently residing in San Francisco, California. He was formally employed with Menlo Ventures, where he led the company in making investments in Tumblr, Uber Series B, and more.

One of his most recent jobs was working for Sherpa Capital, which he co-founded with Scott Stanford. This company, much like his last, works to invest in promising companies and adviser start-ups. The work done with Sherpa Capital has been reported on by Fortune magazine.

Shervin Pishevar recently took to Twitter to share his ideas on the future and share some legal advice, some of which teeters on the fine line of crazy. During this Twitter rant, Pishevar said he believes the stock market will drop 6000 points in the coming months and bitcoin will fall to a stable 2000-5000.

Nearly everything that Shervin Pishevar mentioned during the 21-hour Twitter rant was negative. He also thinks the days of California’s hold on tech development is over. He said that entrepreneurship is borderless and will ultimately lead to other locations evolving to great heights than California.

He considers big tech giants like Apple, Facebook, Microsoft, and Amazon to have monopolies in their respective fields. This could be the primary factor in his hypothesis of the downfall of Silicon Valley and California.

“These 5 giants have too much power,” Pishevar wrote in a Tweet. “{They stifle] startups. Uber might be the last giant to eke out before it was too late.”

Uber was a company once backed heavily by Pishevar, he even worked for the company for a brief period of time before creating his own venture firm.

Shervin Pishevar doesn’t only believe California will fail, he also believes America will take a backseat to China in the coming years.

“Last week China built a train station in 9 hours,” Pishevar wrote in defense of China’s efficiency.

https://angel.co/shervin

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