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Shervin Pishevar says Uber could be last major startup if tech monopolies not reined in

Shervin Pishevar is one of the most accomplished people in the world of tech finance. He is the founder and CEO of Investment company, one of the most prominent and prolific venture capital firms in Silicon Valley. He has been instrumental in the founding and growth of Virgin Hyperloop, Uber and Airbnb. Shervin Pishevar has also founded a number of companies on his own, including Ionside, WebOS and Social Gaming Network.

Shervin Pishevar also runs one of the most-followed Twitter accounts in the technology sector. He has more than 100,000 followers, who hang on his every word. Recently, Shervin Pishevar engaged in a more than 24-hour tweet storm where he went into detailed analyses regarding a wide breadth of topics. One of the topics that he addressed is the current problems that tech monopolies are posing for startups.

Pishevar is no stranger to the world of cutthroat tech startups. As someone who has helped to launch dozens of companies, he has seen the many methods that are used by the Big Five tech monopolies to shut down potential competitors before they reach the point of posing a serious threat to the monopolists’ markets.

Shervin Pishevar says that one of the ways in which new startups are driven off is through the particularly nasty practice of lawfare. The way it works is that companies like Google, with nearly unlimited cash reserves, can invest $50 or $100 million in paying teams of top-end lawyers to harass competitors with nuisance lawsuits.

In many cases, these lawsuits are completely specious. Yet, the companies who are targeted by them are forced to show up in court and defend themselves, lest they incur default judgments that could put them out of business. The fact that companies like Google can outspend these new startups by factors of 10,000:1 or more means that, eventually, these firms can be exhausted by court costs.

Even when the monopolies lose, they win because even if they end up having to pay court costs, all of that money comes out of operating capital until the court case has been resolved. And in many cases, such resolutions can take years.

 

https://www.linkedin.com/in/shervinpishevar

Stream Energy

Stream Energy was founded in the year 2005, and it is a company that provides energy, wireless, protective and home services to its large clientele base. Stream Energy is worldly renowned, and currently, it serves in over seven states, and some of these include New York, New Jersey, Pennsylvania, Georgia, and Texas. Stream is concerned about its environment, and their social responsibility is to give back to the society to make it a better place. This prompted the formation of Stream Care Center which is an organization they formed to give back to the society since the company is making a lot of revenue in energy sales.

 

Stream Energy in Dallas patch

Dallas Patch recognizes brands that are socially responsible and give back to the society or partake in activities that are of benefit to the society. In 2018, Dallas Patch featured Stream Care Center as the new philanthropic foundation in town that was helping the community at large. Back when Hurricane Harvey caused havoc in Houston, Stream Care Center is among the foundations that chipped in and helped the people in that area affected by it. Stream Care is also in partnership with the Hope Supply Company in Dallas that is a company that strives to help the people that are homeless in the area. Their partnership has been ongoing for close to four years and is involved in providing basic needs such as shelter and clothing.

 

Philanthropic efforts

 

Stream Energy has been involved in a lot of philanthropic efforts that strive to assist people during natural disasters and calamities. Some of their philanthropic efforts include:

  • They have worked with Habitat for Humanity that offers cheap mortgages to people and free labor for the repairment and building of new and old houses.
  • They have worked with Red Cross several times offering aid to individuals affected by natural calamities and providing them with food.
  • They worked with the Salvation Army back in 2016 to provide relief food and money to individuals that were affected by the tornado that occurred in Texas.
  • The organization continues to make major strides in the country.

https://www.uschamberfoundation.org/organization/stream-energy

Jeunesse Global expands rapidly throughout Pacific Rim

Although they aren’t household names to most Americans, Randy Ray and Wendy Lewis have long been known throughout the North American direct-selling business as some of the most talented and astute entrepreneurs to have ever graced the industry. Responsible for the formation of dozens of great companies, the couple has enjoyed immense wealth and power within the industry for decades.

But as Ray and Lewis approached the typical retirement age, they pondered whether it was time for them to finally hang up the towel and enjoy the fruits of their labors. In August of 2009, the couple finally took the plunge, trading in their lives of quintessential workaholics for the leisure and luxury of retirement in an exclusive Florida community. But old habits die hard. It didn’t take long for Ray and Lewis to develop a serious itch for the fast-paced excitement and deep sense of meaning that they left behind when they exited the business world. They started selling a few products out of the garage of their Florida mansion. Soon, the couple was back to spending 70 hours per week and more on their new venture, which was now trading under the name of Jeunesse Global.

Early on, both Ray and Lewis made the conscious strategic decision that they would focus their new venture on the East Asian market. The couple had travelled extensively through the region and was well aware that the population had been stuck under the jackboot of communism for the better part of a half century. Ray and Lewis knew that as free market reforms continued to take hold throughout countries like China and Vietnam, that those markets would represent one of the most bounteous opportunities in the history of commerce. They quickly started making efforts to recruit some of the top product distributors from the region.

This bet would prove to be one of the best that Ray and Lewis ever made. Today, Jeunesse Global is a force majeure throughout much of the East Asia region. It has made billions of dollars in sales, much of which have come from its health and beauty products that are specially tailored to the Chinese market.

https://www.facebook.com/JeunesseHQ/