Technology is always evolving with tech gurus coming up with fresh and interesting ideas every now and then. It is with these ideas that entrepreneurs develop startups and see them grow into successful ventures. Shervin Pishevar, an angel investor and a co-founder of some of the startups, could not fail to mention about their progress. He compared their success to major tech environments in U.S., particularly Silicon Valley.
Tech innovations are a major part of the U.S. economy. Shervin Pishevar notes that startups are often overlooked because major tech companies have taken over the scene. Shervin Pishevar tweeted that “Moonshot like SpaceX + Virgin Hyperloop One rise but they suffer derision until teams will it to reality. Exceptions to rule.” This is a clear indication that startup companies are struggling a lot to gain recognition despite having much to offer.
Happy Independence Day. America is a young and great nation. Our potential is still unborn. Patriots will endeavor to love their nation through the good and bad and draw us towards the better angels of our nature.
— Shervin Pishevar (@shervin) July 5, 2018
Shervin Pishevar did not stop there; he mentioned that Silicon Valley is like a monopoly. Giant companies are the ones that have a say. He tweeted that “As Silicon Valley monopoly on early stage has shifted abroad its empowered 5 US monopolies: Alphabet, Amazon, Apple, Facebook, Microsoft.” These companies have immense power, and they have gained popularity all over the globe. This makes it hard for startups to establish a name for themselves.
Shervin Pishevar, however, is disgusted by this. He believes that for progress to come about, it is imperative for change to occur. This was clearly expressed in his February 7, 2018 tweet, where he said, “Giants built on monopoly frameworks will fall. As they should. That’s how evolution works. All old forests burn to make room for the new.”
He went on to compare the giant companies to a telephone company back in the day known as Ma Bell. Ma Bell was a monopoly until it was broken up, allowing numerous companies to sprout. Shervin argues that the tech monopolies must also fall if startups are to see the light of day. Otherwise, the giant companies will continue to reign. Shervin tweeted that “They have power of a nation-state destroy vulnerable start-ups threatening their monopolies. They’ll use that great power overtly + covertly.”