Shervin Pishevar Compares Modern-Day Monopolies to Ma Bell

Years ago, the biggest monopoly that the United States had to contend with was Ma Bell. The telephone company was the only one around, so people had no choice but to use them if they wanted telephone service.

Shervin Pishevar, the co-founder of Sherpa Capital, identifies that there’s a few new Ma Bells in town. This includes Amazon, Alphabet, Facebook, Microsoft, and Apple. In his tweet storm, he refers to them as robber barons that are out to destroy all of the different startups.

Shervin Pishevar warns that these monopolies have been allowed to thrive for so long that there are many people crying out for Amazon in their area. However, it’s not healthy for entrepreneurship. Every time a startup has a chance to compete, their bought up or destroyed by the monopolies.

As Shervin Pishevar points out, breaking up Ma Bell ended up being what was best for the American people. The same should be said about all of the new monopolies. Breaking them up could provide more choices and, ultimately, be better for the economy.

It’s going to be hard to break up the monopolies. They’ve been allowed to grow in power for so long that people have grown dependent on them. Shervin Pishevar dedicated a significant amount of tweets to warning about this power. As a result, a lot of people are talking about these modern-day monopolies and what should be done about them.

https://calacanis.com/2011/12/07/this-week-in-startups-shervin-pishevar-of-menlo-ventures/

Shervin Pishevar Predicts Downfall of Big US Companies and More

Shervin Pishevar used Twitter as a platform on February 5, 2018, to make some dark predictions. This Twitter storm spanned 21 hours and included 50 separate tweets. He is a super angel investor and philanthropist. He got his start in the Silicon Valley area and helped cofound a venture capital fund that has invested in companies like Doctor On Demand, Munchery, Shyp, and Uber.

One of the most ominous predictions that Shervin Pishevar made is in regard to the influence, and even possible downfall, of what are referred to as the big five unicorns in the United States. These include Alphabet, Amazon, Apple, Google, and Microsoft. Toward the end of his tweet storm, Shervin Pishevar said that these giant companies have been constructed on monopoly frameworks that will eventually fall. He feels that they should, as this is the way that evolution works. He calls them monopolies because they can buy out small startup businesses and have the influence and power of nation-states.

Shervin Pishevar has some ominous predictions for most US institutions, both financial and governmental. He says that they will soon face a reckoning of irrelevance. The reason why he feels this is the case is because there is a revolution in stateless digital currencies. Now, startups have access to a wide variety of digital currencies. They also have new methods they can use to raise funds for their businesses. As these small startups are able to find unique capital, they have the ability to grow. This is something that will be good for the economy.

The thing that started Shervin Pishevar on his Twitter rant was the dramatic drop in the stock market that recently occurred. He feels that this decline is going to continue. He predicted that it would go down at least 6,000 aggregate points. He feels that all asset classes have been overvalued and that no one should feel safe.

Other topics he touched on include politics, nationalism, bitcoin, and immigration. Shervin Pishevar has accurately predicted other trends in the past. It seems like the point that he was making with this tweet storm is that a new system needs to be built from the ground up.
https://www.fastcodesign.com/user/shervin-pishevar

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