Forty-four-year-old Shervin Pishevar is a believer in startups. While he was getting his investment feet planted firmly in the industry at Menlo Ventures, he came across Hyperloop, a startup with a strange name. Hyperloop is the answer for people. The company was just getting started, and he liked the concept. Pishevar decided to take a shot on Hyperloop, and that shot gave him credibility in the investment industry. The $26 million he put into Hyperloop is worth about $5 billion today.
— Shervin Pishevar (@shervin) June 15, 2018
Shervin Pishevar left Menlo Ventures to start Investment company. Pishevar always wanted his own investment firm because the Iranian-American investor knew he was good at spotting new concepts. According to a Forbes article, Shervin Pishevar had more than $650 million in assets under management before he left Sherpa in December 2017. It took Shervin a little time to adjust his investment strategy after leaving the company that helped Dollar Shave Club, Didi, Warby Parker, and Slack get started. But Shervin is back, and he let the world know he’s still on top of the investment game by sending a string of tweets that caught people off guard. His tweets weren’t nasty, and he wasn’t complaining about his current status. Pishevar wanted his followers to know all is not well in the global economy.
Sending more than 50 tweets over a 21-hour period isn’t usually the way Shervin Pishevar likes to roll when he has something on his mind. But after disappearing for five months, tweeting was the only vehicle that could express his thoughts in a short, but clear way. And Shervin wasn’t afraid to tweet information that sent a chill down the spines of some investors. The tweet about the stock market dropping by 6,000 points sometime in 2018 didn’t surprise investors who are already pulling money out of the market. But the green investors who haven’t diversified felt the urge to diversify.
And when his bond market tweet surfaced, those green investors knew they had to find a way to protect their assets, And Pishevar gave them a hint when he sent a tweet about investing in the gold market. The big hedge fund investors have a lot of money in the gold market even though the price of gold will vacillate in 2018, according to Shervin. Shervin Pishevar wasn’t trying to scare investors while he was tweeting. He was warning them to get ready for a rocky ride in 2018 and beyond.