Tweet storms can’t exactly be described as rare occurrences. People, especially those with large online followings, do like to share their opinions on various topics. Venture capital and business expert Shervin Pishevar took to Twitter in early February to discuss several topics in a lengthy tweet storm. His warnings about the Dow potentially suffering from a massive nosedive shouldn’t be ignored. Pishevar co-founded and managed companies worth millions of dollars. He knows more than a little bit about the market. The tweets addressing a potential Dow dive are best taken seriously.
A potential declining Dow Industrial Average was only one subject Shervin Pishevar discussed in his epic tweet storm. Other topics were tweeted about with equal levels of passion.
Among the most provocative statements Shervin Pishevar made were directed towards Silicon Valley. The statements seem to strip away a great deal of the romanticism that the tech industry enjoys. Then again, recent scandals about data breaches have cast a dark cloud over the industry. Pishevar’s early February tweets were ahead of the proverbial game in terms of addressing issues overlooked with Silicon Valley.
Specifically, Pishevar warned about the monopolies that a limited number of tech companies seem to be forming. Pishevar singled out five major companies as being “empowered monopolies.” Amazon, Apple, Microsoft, Facebook, and Alphabet reflect the five tech giants. Pishevar warns that companies built on “monopoly frameworks” run a risk of failure. Pishevar points to the historical example of “Ma Bell” suggesting breaking up monopolies might be good for the industry in the long run. Others do share similar concerns about tech giants consolidating too much power.
The Silicon Valley tweets could very well gain a lot of attention among younger persons. Silicon Valley represents a fantastic world where creativity, science-fact, pop culture, and entrepreneurship all merge. Not everyone looks at the potential negatives associated with the vaunted region’s business models. Maybe Shervin Pishevar helped reverse some overly-optimistic opinions.
Pishevar definitely raised eyebrows with his tweet storm. Warning about the Dow, Silicon Valley, and Bitcoin probably caught some followers off-guard. That’s fine as long as the tweets gave them serious things to ponder.