Once in a while, a business titan will let loose on Twitter and begin to spill his opinions and insights. Recently, one of these Silicon Valley titans went on an incredible 21-hour tweetstorm. That titan, Shervin Pishevar, has created some predictions that has raised millions of eyebrows on the social media platform. Below are the highlights of that infamous 21-hour tweetstorm.
The Dow is Going to Crash
Perhaps the biggest and most shocking prediction from the 21-hour tweetstorm was that the Dow would drop 6,000 points. If this prediction were to come true, then that would cause the biggest crash, in the U.S. market, in over a decade.
Bitcoin Is Going Down, Too
Not one to isolate his doom and gloom to just the major financial markets, Shervin Pishevar also sees a crash coming to the world’s biggest cryptocurrency. In another tweet, Mr. Pishevar predicted that Bitcoin would crash to the $2,000 to $5,000 level. This would mark a 75% to 90% crash from Bitcoin’s $20,000 high from December 2017.
America is Falling Behind in the Global Infrastructure Race
Veering from the financial world, Shervin Pishevar sees America falling behind in the world of infrastructure. The Silicon Valley tycoon points to the fact that China can now build entire railway station in about 9 hours.
California Will No Longer Be the Center of Tech Innovation
One of the most shocking predictions from the Silicon Valley titan was that his hometown will no longer be the center of tech innovation. Instead, Shervin Pishevar believes that start-ups will work remotely and connect with clients and workers online.
America’s Biggest Companies Have Become Too Powerful
Finally, Shervin Pishevar proclaimed that America’s biggest companies have become too powerful. And that these massive firms are stifling start-ups. Mr. Pishevar believes that Uber may be the last start=up to “make it.”
The 21-hour tweet storm were the first public statements from Shervin Pishevar in many months. And the executive’s wild proclamations and predictions have become the talk of Silicon Valley. As the year continues, people will watch to see how many of Mr. Pishevar’s predictions come true.