Shervin Pishevar understands the technology industry. Uber and Virgin Hyperloop One represent only two significant tech endeavors Pisher contributed his talents. Don’t think he sees “all things tech” as good though.
The technology industry continues to be the bane of entrepreneur Shervin Pishevar. His complaints against the tech industry appear somewhat ironic. After all, he put so much time and effort into venture capital funding tech-oriented enterprises. Yet, he sees things as they are. Drawing from this experiences, he paints an accurate picture of the tech industry and its flaws. It doesn’t find the massive concentration of power in the big five tech company comforting. From his perspective, it makes sense that he stresses the importance of government oversight of technology ventures.
Shervin Pishevar also pushes the suggestion that the Justice Department utilize its antitrust powers to break up the top five tech corporations. Fans of Apple, Google, Facebook, Microsoft, and Amazon find themselves taken aback by the suggestion. They often remain enthralled at the tech companies and the products the companies produce.
However, end-user consumers aren’t usually involved business-wise with tech companies. A brilliant innovator launching a new app may wonder why there is pressure to constrict his/her growth in the market may have issues with the tech giants. Shervin Pishevar does note that tech success can exist outside the “Big Five” and Silicon Valley. Things may become easier if roadblocks were removed from the path of startups. Being forced to deal almost exclusively with five tech companies creates issues. What happens if you can’t get your app into the Apple store? Problems will ensue.
Ironically, Shervin Pishevar took his issues with tech companies public through Twitter. Pishevar went on a 21-hour tweet storm to discuss his troubles with the tech industry. Twitter won’t join the rankings of the five top companies any time soon though. Twitter’s fortunes don’t seem as bright.
Alex Hern has been in the business of technology and working with in the field for over 25 years. Tsunami XR, where Hern is the co-founder and Chief Executive Officer, has hit the ground running and lead the business in successful attempts to corner the market. XR is known too many as cross reality or extend reality. To be more specific, it is an all-in real virtual experience that mixes human machines and environments to have interactions. All of these are computer generated as the person puts on a particular wearable and goes into another world. It’s also representative of certain technology such as augmented reality, virtual reality and augmented reality. David ross and Alex Hern run and operate Tsunami XR and continue to find levels of success in the XR space.
Hern has been on board and is very hands-on with assisting with companies in the incubation and early stages. He has mentioned and firmly believes that cloud-based computing is the next leap forward when it comes to graphic intensive software and particular applications. When talking about the start of Tsunami XR, Hern has said he knew he wanted to shift from cpu computing and move into GPU, as it was clear this activity was coming in the computing era. Hern states he sought out many new ways to leverage capabilities that were made by graphics processing advancements in the field. His focus has always been on beginning strong and studying the market. XR has become so popular that it has a value of 6 billion dollars and that was only two years ago. Now experts in the industry see that number rising to 200 billion before we reach 2022. Tsunami XR is in great hands when it comes to Alex Hern skills. He has made his presence known by working on different boards, assisting with running companies as a co-founder and director.
Eric Lefkofsky is a busy man with a lot of hats to wear. And yet, there does seem to be a ‘root for the underdog’ feel to all of them. For example, he co-founded Lightbank, an investment company that specializes in backing and advising upstart companies that have a great idea even if they are not ready to tussle with the big boys just yet. He also co-founded Tempus, a company that gathers and stores clinical molecular data. For now, at least, the data available is cancer-specific. Physicians can make use of Tempus’s genomic tests and sequencing data to find possible therapies that offer a high degree of relevance and precision far more quickly than they would using more conventional means.
Eric Lefkofsky also co-founded Groupon, the company that expanded the concept of the coupon to offer deals on local services linked to users’ credit cards. It’s a name that should bring at least a half-smile to millions of ordinary frugal Fannies and Freddys. That said, Lefkofsky points out that Groupon is also an e-commerce entity many seem intent on picking on, despite its obvious usefulness. Many will recall that Groupon did jump out of the gate with a lot of presence. Perhaps its only natural that some would wonder whether it was all just hype. Mainly, however, Lefkofsky is sanguine. He recalls the nineties when technology was idolized and the backlash when it was later distrusted. Today, Lefkofsky reminds readers of adrinkwith.com that Groupon is really still young, in fact “a four year old startup,” still finding its e-commerce legs.
In a lot of ways Lefkofsky seems like the rest of us, although he does admit to having a high drive for success and getting up at 5 AM. He’s also been married for more than fifteen years, eats macaroni and cheese he makes himself, likes to watch “Star Trek” and “Homeland” and rates himself a huge Bruce Springsteen fan.
Shervin Pishevar is not a name we have heard much of in 2018, but he has resurfaced with a tongue lashing ready for anyone who is present on Twitter. The entrepreneur who has associations with the Dollar Shave Club, Uber. Pishevar blew up the Twitterverse with more than twenty messages predicting what will become of the American stock market and how the world will change if we do not get competitive with China in Tweets in early February 2018.
One of the posts that held the most significance was one saying that the U.S. stock market would tumble at least five thousand points before slowly regaining ground. He also said that he felt that bitcoin would drop by more than half and then make a crawl back to normal. He attributes a higher interest rate, tax cuts, corporate breaks, and overseas competition as the primary reasons for the upheaval.
Bonds will not work anymore claims Shervin Pishevar. He says that even though these financial tools are effective, America has used these items too many times for them to hold any worth now. He feels that this situation will be like throwing buckets of water on a five-alarm fire. He kept tweeting and downing the interest rate changes saying that we are giving the world an financial problem. He feels that the issues will also extend to a major up and comer in the financial sector too causing the downfall of a good firm.
Shervin Pishevar says that the giant computer megalopolis has fallen and five giants have emerged including Amazon and Facebook. He says that “Silicon Valley” is more of an idea now instead of a physical location. He points out an example of how China is building transportation areas quickly, some in less than a day. Shervin Pishevar does point out a good thing about starter firms like SpaceXsaying that they will come forward and excel. He even says that with a pitfall comes new glory and that the U.S. will bounce back, but to mark his words that tough days are coming for America.