Shervin Pishevar Warns of the Dangers of Monopolies

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.

http://www.gcreport.com/twitter-storm-shervin-pishevar/

Ascendant Capital Announces its $1 Billion Milestone

Ascendant Capital LLC, a Texas-based firm offering alternative investment services, announced that it had reached the $1 billion mark in investor equity after a record increase in the last quarter of 2015. This comes after the recent launching of GPB Holdings II, a new flagship offering of GPB Capital Holdings. Ascendant Capital LLC exclusively supplies the products of GPB, an investment management firm that specializes in income producing private equity and real estate businesses.

By the end of the first quarter of 2016, Ascendant Capital had four current offerings and nine closed offerings. The company launched its first GPB flagship fund in 2013. To date, it has raised over $535 million. Before launching GPB family of funds, Ascendant had raised close to $500 million from its initial offerings. Jeffry Schneider, CEO of Ascendant, was excited about the rapid growth experienced over the past year and looked forward to launching more products in the following months. This information was originally published on thediwire.com as explained in this link http://www.thediwire.com/news/ascendant-capital-reaches-1-billion-milestone

About Ascendant Capital LLC

Since its inception in 2009, Ascendant has employed more than 35 employees in six divisions with locations in Boston, Los Angeles, Dallas, Seattle, Chicago, Houston, Argentina, Buenos Aires and New York. Its global capabilities incorporate one-of-kind investment strategy to a broad range of investors with a unique approach on income producing private equity. The company is highly committed to understanding the needs of its audience. They strive to source and collaborate with top quality fund managers to come up with innovative strategies that satisfy the utilities of their customers.

Ascendant Capital consults, structures and markets their service offerings to ensure that their clients’ needs are fully addressed. They utilize their expertise to offer strategies that fit the markets. In addition, the corporation has excellent customer relations and support teams. Their mission is to redefine the investors’ approach to alternative investment and earn their trust as the best alternative investment providers. The employees of the firm advise their clients on the capital markets processes, including market positioning, partnership terms and conditions, fund structuring, collateral and educational material development, and fund capacity.

About Jeffry Schneider

Jeffry Schneider is the founder of Ascendant Capital, LLC. He has gained extensive experience in alternative investment after serving in the industry for over 24 years. Jeffry has applied this knowledge and unique leadership skills to help the company grow to a billion dollar business. He has supported over 35 employees in less than a decade. Jeffry accredits this success to the open and family-like environment at the company. He is proud of the culture that he created together with his team. Previously, Jeffry worked for several companies, including Smith Barney, Axiom Capital Management, Paradigm Global Advisors and Merrill Lynch before establishing Ascendant. His hobbies are travelling, fitness and takes interest in charity work. Jeffry has participated in multiple endurance events, including half ironman competitions, full ironman in New Zealand, and marathons. Some of the initiatives that he supports are Gods Love We Deliver and Cherokee Home for Children.