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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

A Few Quick Questions With ATS Digital Services CEO Robert Deignan

Robert Deignan is a successful businessman that is the CEO and co-founder of ATS Digital Services. ATS provides companies with digital support solutions including connectivity issues as well as general troubleshooting.

Deignan is a native of Ft. Lauderdale, Florida and while in high school earned a full scholarship to play football at the University of Purdue. Deignan graduated with a degree in organizational leadership and played briefly after college with the Miami Dolphins.

Robert once again resides in the Miami-Ft. Lauderdale area with his wife and son. He recently took a moment to provide some insight into his life and career.

What Was The Inspiration For ATS Digital

I worked once at a company named Anti-Malware Software and we had many complications with the installation of our software on the machines of our customers. We learned later that the very issues we were fighting, Malware, was successfully blocking our attempts to install our software. We came up with the solution of having our tech experts remove the malware and install our product from remote locations. When my partners and I decided to move on to our next venture, we used this concept as the centerpiece.

What Is A Typical Day Like For Robert Deignan

I awake at about five am and meet a friend at the gym each morning at 5;45. After my workout, I return home and after seeing my wife and son off to work and school at seven or so I enjoy a cup of coffee before driving to work at eight.

My first order of business once at work is to answer emails and tie up any loose ends from the day before. After that, its a crapshoot and no two days are the same.

What’s a current trend that gets you excited

More and more home computer users are turning to remote technology to fix and repair their computers.

Do You Have A Habit That Makes You Successful In Business

I think there are two. I absolutely believe in myself with my whole heart and I love to analyze numbers.

What Is One Piece Of Advice You Would Give A Younger Robert Deignan

Just one? There are many. (Chuckles.) Okay, I would warn myself about the extreme risk of hiring family and friends and caution myself against it.

 

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