For Shervin Pishevar, one of the most prominent entrepreneurs and venture capitalists in the world today, making waves is just a part of a day’s work. An avid social media user, he often takes to Twitter in order to make bold predictions regarding financial trends and downturns affecting United States economy, and after a short break from the public spotlight, he returned in epic fashion. Over the course of 21 hours, in what was immediately deemed a “tweetstorm,” Shervin Pishever unleashed a myriad of posts discussing the future of the world’s economic infrastructure, the fate of the cryptocurrency, Bitcoin, and the role of the five current unicorn companies in existence today.
While Bitcoin experienced a period of unprecedented growth throughout that latter half of last year, eventually reaching a price of nearly 20k, shortly after, the value of the cryptocurrency fell dramatically, causing investors and spectators alike to panic, often projecting a bleak outlook for the immediate future. According to Shervin Pishevar, despite its recent volatility, Bitcoin will begin a period of stabilization over the course of the next few years, eventually regaining the strength that made it such a polarizing investment in recent times. While this rise spells good news for proponents of Bitcoin, Shervin Pishevar estimates that this growth will be steady, but losses may continue to mount in the short term.
Over the 21-hour flurry, Shervin Pishevar also discussed the current role of Silicon Valley in the race for innovative domination around the world. Previously, Silicon Valley has been known as the de facto world capital of innovation, but as other countries have adopted the “American way,” which has seen entrepreneurship rise exponentially, the leading region in California has essentially taken a backseat. Shervin Pishevar believes that the reason for this is because companies no longer need to exist within the borders of the United States in order to prosper on a grand scale, and they are instead keeping their own talent within their countries of origin. Today, China is currently leading the march, as their speed of execution far surpasses that of the United States.
Peter Briger is a business leader and a billionaire based in San Francisco California. Currently, Briger serves as a co-chairman and a principal of the board of directors of Fortress Investment Group. He is also the head of Credit and Real Estate department in Fortress. Fortress is a leading investment management firm based in New York City. Briger has served for more than 20 years in asset management and has acquired substantial experience over the time.Peter Briger went to Princeton University where he acquired his B.A and later on he joined Wharton School of Business at the University of Pennsylvania and attained his M.B.A. He served at Goldman, Sachs & Co for 15 years before he joined Fortress. His primary job in the company was to oversee business operations. As a co-head of the firm, he also served in various committee including Asian management committee and Global Control.
In 2007, Peter Briger held position 407 on Forbes List of world’s billionaires. Briger according to research conducted by Forbes List had a fortune of $2.3 billion. Forbes states that Briger owned 66.6 million shares which is equivalent to $ 2 billion.Fortress Investment Group LLC is a highly diversified global investment group.The company in 2017 managed assets worth approximately $43.6 billion making it one of the leading investment companies across the world. Founded in 1998, the company strives to generate strong returns for the investors. Fortress offers their services to various institutions including private equity, private investors and also capital investments strategies.The company has close to one thousand employees including 216 investment professionals. The employees of fortress group are excited to serve the company since they are exposed to a high energy investment hedge fund environment and the opportunities. The company has a culture of offering exclusive training to the employees to help furnish their skills. They also enjoy a dynamic workplace with a highly motivated and driven team primarily from the management.
The employees also enjoy high compensations and salaries along working with an incredibly intelligent management team with strong industry expertise. Peter Briger alongside other alumni of Princeton University founded a pilot funding program that focuses on supporting recent university alumni who want to join entrepreneurship. The program known as The Alumni Entrepreneur Fund was put forth to help realize the vision for Entrepreneurship the Princeton way. Briger says that it is the right time for this project particularly in times of business and business models for Princeton to assist the student in preparing on how to venture in the current business world. The idea is well embraced by the faculty, and senior staff and Briger says he is excited by the enthusiastic response. Away from professional activities, Peter Briger also engages in philanthropic activities and giving back to the community initiatives. Briger is a member of the council in a nonpartisan organization Foreign Relations. The organization promotes understanding of foreign policies among citizens and elected officials. He puts a lot of efforts in poverty alleviation and education.