What New Startups Need To Know According To Shervin Pishevar
It’s easy to say that Shervin Pishevar has a vested interest in how startups do in the market. As an early investor to many tech companies, he has made his fortune by investing in the right companies, including such ones as Uber and Airbnb.
He has some advice for startups, which is included in the 50 tweets that the venture capitalist recently shared on Twitter in only 21 hours. The tweets are numbered, making it easy to follow along and see how one tweet leads into the next.
Beware of Monopolies
Shervin Pishevar explains that there are a large number of monopolies in the United States, all with entirely too much power. These include Facebook and Microsoft as well as Alphabet, Amazon, and Apple. As he tweets, they are acquiring many of the startups, creating silent assassinations. It makes it difficult for startups to gain any kind of footing because of the amount of power that the monopolies hold.
Focus on Innovation
Shervin Pishevar warns that startups need to be extremely innovative. Silicon Valley is no longer the only place where innovation lives. It has become borderless as entrepreneurship continues to thrive and grow. Talent is no longer moving to the US because of borders, which means that talent is sprouting up all over the globe.
The startups that are truly innovative are the ones that will succeed because they are offering the marketplace something different.
Don’t Use a Traditional Infrastructure
Shervin Pishevar also tweets that the infrastructure is used by monopolies are not going to be successful for startups. Often, companies get trapped into short-term thinking and this is leading to the decaying infrastructure of the US government.
It is important for startups to consider all of the advice that Shervin Pishevar is providing. He has seen enough successful startups to know what works and what doesn’t work.
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