As a venture capitalist, Shervin Pishevar needs to know what’s going on with startups. He has seen the rise of many great startups, including Uber and Airbnb. However, he recently sent off 50 tweets, many of which talk about what’s hurting businesses.
Monopolies are one of the reasons why so many startups are hurting. It’s hard to go up against the giants such as Amazon and Apple because of the amount of power that they hold.
Even when a startup happens to be more innovative, they are simply swallowed up within an acquisition. This only adds strength to the monopoly. The founders of the startup might have money in their pocket, but their dream of being a CEO and competing with the big dogs is gone.
Many startups don’t have the innovation that they once did. Some of this has to do with Silicon Valley losing their competitive edge. Shervin Pishevar discusses how immigrant talent is no longer flocking to the U.S. Some of this has to do with physical and cultural borders imposed by the government. With less talent immigrating to the United States, startups are not as successful as they once were.
Another way that startups aren’t working is that they are trying to model themselves after the giants. However, what works for a monopoly isn’t going to work for a young startup.
Shervin Pishevar has identified throughout his tweets that the monopolies need to be taken down. He says that once Ma Bell was broken down, it allowed new companies to rise. This is what was best for consumers. Taking down the current giants in the U.S. too, will be what’s best for consumers as well as for the startups who are eagerly trying to get into the marketplace and stay there.
By following all of the tweets that Shervin Pishevar sent out, it’s easy to see the advice that he has for startup businesses and where the government is currently failing to help them.
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