Shervin Pishevar is an accomplished venture capitalist and an entrepreneur. He has investments and some of the biggest multinationals in the world such as Airbnb and Uber, companies he invested in during the startup ages. Pishevar has spent most of his career in Silicon Valley working closely with promising startups. He is the former managing director of Sherpa Capital as well as Menlo Ventures. Working with Menlo, he was approached by the co-founder of Uber Mr. Travis Kalanick to help in growing the idea.
Shervin Pishevar is clearly a distinguished investor. Although he is no longer working with Sherpa Capital, he still gives his opinion about various matters affecting the business sector. Early 2018, Shervin Pishevar engaged in a tweetstorm that revealed a lot about the American economy and the financial sector in general.
Shervin Pishevar started the tweetstorm by making it clear that he expects the American economy to go down in the coming months. He predicted that the stock market would lose 6,000 points in the coming months, a factor that would contribute significantly to the decline of the economy. At the time of tweeting, he believed that inflation and overvaluation of assets were already present in the market making this a clear indication that a financial storm would hit the country’s economy.
Shervin Pishevar also highlighted others issues likely to affect the financial sector. For instance, he predicted that bitcoin would crash while gold would rise. In his prediction, he indicated that bitcoin had soared to high prices that it would not maintain. He noted it would go down to the 2-5K range before resuming an upward trade. He is however supportive of the idea that cryptocurrencies can bring a frictionless trading environment.
Shervin Pishevar also decried the presence of monopolies in the American economy. By his statement, some companies operating in the country which are making it hard for others to thrive. Facebook, Alphabet, Amazon, Apple and Microsoft have dominated the Silicon Valley making it impossible for any other idea to thrive. He is recommending that such companies should be broken up just like it happened with AT&T. If the status quo is maintained, then he predicts that it will take more than one decade for another great idea such as Uber and Airbnb to be invented.
Professional organizations provide workers with more benefits than what school or on-job training could offer. According to a survey in the US alone there are over 90,000 trade and professional organizations. Many people do not know the difference between trade organization and professional organizations. The main difference between the two is that trade organizations draw membership from companies whereas professional organization members are individuals who belong to a specific profession for example lawyers, doctors or architects.
There are countless benefits of being a member of a professional organization. Advantages of professional associations membership include education programs, networking chances, and opportunities for building credibility that is as a result of taking on leadership roles and competing for industry awards.
Read more: Robert Ivy Receives Noel Polk Lifetime Achievement Award
Access to educational resources is the other benefit that one can get as a member of a professional body. Professional associations pride themselves with extensive data and tools that can be easily found on the organization websites, webinars, and newsletters among others. All the information found on the associations is tailored according to the needs of the members. Professional organizations invest many resources on staff who research the industry requirements. These resources are of great significance for people who are just beginning their career says Reggie Henry of ASAE. Other benefits of belonging to a professional body include advancing industry interests. According to CEO of AIA, Robert Ivy, the American Institute of Architects through its advocacy organization was able to advance its industry interests by influencing the tax legislation.
Selecting an association to belong to some time is a challenge to many. There are many professional associations out there, and one might have difficulties choosing which one is the right one. In the US alone there are more than nine associations for accountants only. It is essential for one to seek advice from colleagues in the profession and consider other factors such as membership cost before deciding on joining an association.
Robert Ivy is one man who understands the tremendous benefits one can get by being a member of a professional organization. Robert Ivy currently serves at the helm of the professional association of architects in the US as CEO and Executive VP. Robert Ivy is an alma mater of Tulane University and Sewanee: The University of the South. Ivy holds a Masters of Architecture.
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Ara Chackerian is a renowned entrepreneur based in San Francisco, California. He spent most of his career life in the healthcare sector where he has more than two decades of wide-ranging experience in building the connection between healthcare services and technology. Some of the companies he was involved in establishing includes, BMC Diagnostics, TMS Health Solutions, Embion/Provider Links, and Pipeline RX. He demonstrates a keen interest in youth development activities, and environment relates causes. Chackerian initiated the Limonapa Teak, a maintainable teak farm based in Nicaragua.
The teak farm employs eco-friendly practices in agriculture to inhibit the pollution of the environment and instead enhance development. The farm has sparked some advantages including the provision of employment opportunities for the local communities. Ara Chackerian is also the co-founder and member of the board of directors at TMS Health Solutions. TMS Health Solutions is a health organization providing treatment for patients struggling with treatment-resistant depression. Chackerian holds various positions in some board of members in the San Francisco Bay region including a Managing Partner of ASC Capital Holdings LLC.
According to Ara Chackerian, the idea behind the most recent venture – TMS Health Solutions – roots from the desire to extend their experience in constructing out-patient diagnostic radiology centres to another department of the healthcare sector. After contemplation, the two partners decided to narrow down on one new device used in the treatment of depression, the transcranial magnetic stimulation. Chackerian admits that their research in the health-tech led to the realization of the almost non-existent awareness and access to treatment of the disease.
The discovery that TMS had the potential of becoming the third pillar of psychiatric solutions alongside talk therapy and medication gave them the go-ahead to invest in the sector. He admits that the efficacy of the treatment to the patients was astonishing. Ara Chackerian expounds on the company’s vision to design a model for care delivery that would enable the patient and the medical practitioner to achieve their anticipated results in a patient-first approach both in treatment and experience. Chackerian discloses the success behind the venture that was launched two years ago in following the construction of seven facilities to serve the larger San Francisco region. Foe more details you can checkout about.me
Early Uber investor and venture capitalist Shervin Pishevar shared a famous tweetstorm in February 2018. His predictions ranged from finance to technology and infrastructure. Pishevar’s words are valuable due to his extensive experience in the financial and technology markets. It is worth reading his predictions and mapping out how they perform over time.
Pishevar is especially concerned with the growth of inflation and possible economic stasis. He warns of the United States’s tendency to spread inflation around the globe. He also noted that the trade deals proposed by the current administration would continue to hurt the global economy. This prediction has proven truthful as demonstrated by the heavy trade tariffs imposed by the current administration.
Shervin Pishevar predicted a downturn in financial markets, sparked by a loss in bonds and Bitcoin. His stock market predictions have not quite come to pass as of the summer of 2018, but market trends continue downward. Bitcoin, in particular, has taken a significant hit.
Shervin Pishevar warned strongly against the dominance of the 5 major American tech monopolies. He stated that Apple, Amazon, Facebook, Alphabet, and Microsoft were stifling American innovation. He likened these five companies to “Ma Bell,” the dominant telephone company until its breakup in the 1980s.
“Breaking up Ma Bell unleashed many companies, and it was best for consumers. But these five Modern ‘Ma Bells’ have much more power than Ma Bell ever did… (They have) access to data that no sovereign (country) has.” He went on to state that “we might not see another Uber or Airbnb scale business for 10+ year(s) unless the Modern Ma Bells are restrained from their absolute power.”
Pressure from the five tech monopolies squashes innovation, according to Shervin Pishevar. New companies are increasingly founded overseas since the dominance of Silicon Valley has begun to fade.
Shervin Pishevar has a unique voice in the tech world. As a former venture capitalist, he funded the rise of many important companies such as Uber. With his finger on the pulse of the economy, he has shared valuable information about the future. It is worth keeping his predictions in mind as time passes.