Predictions Made During The Shervin Pishevar Tweetstorm

Everyone from reality stars to the President of the United States goes on the occasional tweetstorm. But perhaps one of the most surprising tweetstorms of the year belongs to a Silicon Valley bigwig who has been silent for the past few months. That person, early venture capitalist Shervin Pishevar, took to social media to make predictions on everything from the price of Bitcoin to the future of Silicon Valley. Below are the highlights of the 21-hour twitter rant.

A Big Drop In the Markets

The twitter storm started with a prediction that the markets will drop 6,000 points. Now, Mr. Pishevar did not specify which market he was talking about so it is assumed that he is talking about the Dow Jones Industrial Average. The 6,000 point drop would be about a 25% drop from the early February levels when he made the prediction.

And A Big Drop For Bitcoin

Shervin Pishevar sees the price of Bitcoin falling to the $2000 to $5000 level. The Silicon Valley expert expects the top crypto coin to hit this level before beginning a slow ascent over the next 24 months.

A Roller Coaster Bond Market

To go with the big drop in the markets and Bitcoin, Shervin Pishevar predicts that the normally tepid bond markets will be in for a big ride. He expects the bond market to rock due to the uncertainty coming out of Washington D.C. as well as the impending trade war with China.

California Innovation Dominance Over

Shervin Pishevar sees Silicon Valley’s days as numbered due to other centers of innovation popping up all over the world. Further, Mr. Pishevar perceives Silicon Valley as more of a concept than an actual location.

The United States To Fall Further Behind In Infrastructure Race

In his later tweets, Mr. Pishevar talked about the fact that China can now build an entire rail station in nine hours. Then he pointed out the stark contrast between China’s infrastructure strength and America’s crumbling bridges and highways. However, in a later series of tweets, Mr. Pishevar sees American innovators such as Elon Musk as an exception to the rule when it comes to building big projects like Space X on American soil.

The Shervin Pishevar tweetstorm was noted because it was the first series of public statements made since the executive’s sexual misconduct scandal. Since Mr. Pishevar is a top Silicon Valley industry insider and market expert, his predictions will be closely watched.

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Louis Chenevert Brings UTC to Prominence

Louis Chenevert has been the most successful chief executive officer that United Technologies Corporation has ever seen. By the time he stepped down in 2014 he was one of the most famous chief executive officers in the aerospace manufacturing sector.

During his tenure as chief executive officer he was named person of the year by the magazine called Aviation Week and Space Technology. He was granted an award by the National Building Museum of 2009. And he was given an honorary doctorate by HEC Montréal where he did his undergraduate and graduate work.

During his time at UTC he was able to accomplish the impossible. He acquired several companies to make the United Technologies Corporation rich. This included companies such as Pratt & Whitney, Otis, and Goodrich. Spending nearly $20 billion to make this happen he was able to raise the company’s net worth by $63 billion according to Forbes magazine.

He expanded the role of United Technologies Corporation to not only include high-end aerospace products but also to focus on corporate infrastructure and refrigeration and heating. This allowed UTC to multiple income streams and protected against the great recession in 2008.

During his time running the helm as the chairman and CEO United Technologies Corporation raises dividend payments year-by-year and never missed 177 years. He was able to gain more profit in the 10 years he was a CEO then the average Dow Jones CEO or the average S&P 500 CEO.

It is widely known that the Sikorsky unit produces the majority of America’s helicopters for the military and his other he factories producing aircraft for the military.

While working with United Technologies Corporation he was able to become environmentally conscious. This meant that he was able to lower gas emissions and water consumption by a considerable amount. He would work with the government to urge other companies to follow his example.

After stepping down from UTC, he became a consultant at Goldman Sachs in 2015. He worked as the Exclusive Advisor in the Merchant Banking Division where he would use his wisdom to make them money.

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