The top five “big tech” companies prove inspiring to those wishing to become wealthy. The founders of Apple, Google, Facebook, Amazon, and Microsoft all present wonderful biographies. The founders overcame many hurdles to build companies. Their innovations changed the landscape of technology. A dark cloud surrounds them. In a 21-hour tweet storm, Shervin Pishevar discussed how the “Big Five” companies might be too powerful. Such a massive amount of power concentrated in five companies problem. In addition to forcing smaller companies to struggle, the big companies may wield too much economic and political power across the globe.
Shervin Pishevar suggests the time has come for the United States to use its anti-trust authority to deal with the companies’ concentrated monopolistic structures. The government famously used its anti-trust powers to address the phone companies of yesteryear. Pishevar’s tweets ask why the U.S. government cannot do the same to the tech companies. The entrepreneur’s tweets may prove prophetic. Recent rumblings in the Justice Department suggest thoughts about anti-trust lawsuits might be on the horizon.
Shervin Pishevar isn’t a stranger to the technology industry. Pishevar was one of the early investors in Uber. Likely, at the time, people in the venture capital world were skeptical of Uber. The skepticism was rooted in concerns about whether the public would go for ridesharing. Not only did millions of people “go” for the service, but customers appreciative of Uber also changed the landscape of how people seek out transportation. Shervin Pishevar continued his tech investment and innovation career with Virgin. The Virgin Hyperloop One may further change transportation forever.
After examining Shervin Pishevar’s background, people take his tweets about the tech industry seriously. Pishevar’s commentary about the tech world isn’t all focused on monopolies and antitrust topics. He also tweets about a glorious future where the next generation of tech wizards can come from anywhere. No one needs to feel the industry begins and ends in the Silicon Valley.