The co-founder of Virgin Hyperloop One, Shervin Pishevar, is a reputable investor who often garners the attention of his contemporaries when he speaks on financial matters such as potential investments, or the future of the US economy. Being that he has consistently connected with auspicious companies in their infant stages, going on to reap significant gains, his perspective is highly valued.
Traditionally, Shervin Pishevar has taken his ideas to social media, and after a short respite, he recently began posting on Twitter again. Just as surprising as his return, was the subject matter that he chose to cover, which ranged from the current infrastructure of America, to path of Bitcoin, which has been the subject of much scrutiny as of late.
Bitcoin has been one of the most polarizing investments to surface in recent history with a large group staunchly on the fence regarding its potential; Shervin Pishevar does not belong to this group. In fact, over the next 24 months, Shervin Pishevar believes that, after a continued period of decline, Bitcoin will begin to crawl back to its winning ways. Shervin Pishevar also believes that the current conditions of America’s roads and buildings leave very much to be desired.
When compared to countries that the United States has competed with historically, most notably, China, he’s found that we are leaps and bounds behind many of their capabilities. To further emphasize his claim, Shervin Pishevar mentioned a train station in China that was completed in a fashion that the US cannot compete with; 1500 men working to completion in under nine hours. As impressive as this is, it also puts into perspective the level of innovation currently operating outside of US borders.
According to Mr. Pishevar, as it stands now, American innovation has become globalized and the United States in no longer a necessity for the creation of companies that will impact the world. Provided the costs associated with operating in the United States, as well as decreased innovative outputs in Silicon Valley, many of these auspicious startups may be better served to operate outside of the country.