Shervin Pishevar stands out as one of the most respected venture capitalists in Silicon Valley, California. He is the co-founder of Virgin Hyperloop One and Sherpa Capital (which he recently resigned from due to legal matters). He is one of the key people to see Silicon Valley become the center for tech innovation and development it is today.
After keeping off Twitter for a while, Shervin Pishevar came back on fire back in February 2018. He made 50, 21 hour-long tweets speaking about the future of the US economy, globalization and tech innovations. These are major fields that dictate the success of America and its potential for more growth.
— Shervin Pishevar (@shervin) May 25, 2018
Being an angel investor, one of the major topics that he talked about was startup companies and their future in Silicon Valley. Shervin Pishevar is keen to note that the Silicon Valley tech industry is somewhat monopolized by some major companies. Shervin says in one of his tweets that “As Silicon Valley monopoly on early stage has shifted abroad its empowered 5 US monopolies: Alphabet, Amazon, Apple, Facebook, and Microsoft.” Frankly, everybody knows these companies, and constantly uses their products. You might be surprised that cities are fighting for Amazon to come to their location. That is how big these companies have grown.
Unfortunately, the dominance of these companies in the market has made it almost impossible for startups to come up in Silicon Valley. Their immense power will continue to run for years to come just like they have been unless they are divided into small companies like the way Ma Bell was divided. Do note that these companies have immense power.
Shervin Pishevar describes this power in his tweets as “These Modern Ma Bells have much more power than Ma Bell ever did. Extreme amounts of power with access to data no sovereign has.” He goes further to say “They have power of a nation-state destroy vulnerable start-ups threatening their monopolies. They’ll use that great power overtly + covertly.” Needless to say, if something is not done about them, they will continue to run Silicon Valley for ages.