Shervin Pishevar, the well-known Uber investors, have been ranting for about 21 hours explaining various issues concerning the United States such as bond market, bitcoin technology, and the emergence of China as a superpower that will replace the United States shortly. His social media extravaganza attracted a significant number of retweets, comments, and shares across different social network platforms given that Shervin Pishevar has gone silent for some time, especially after the issues surrounding sexual harassment that included rape. One of the topics he touched included low start-up companies in the United States.
This is a reality that has been there, and few people have failed to frontier it as a big issue concerning the United States economy. It is common knowledge that there are few United States-based startup companies. Shervin Pishevar has chosen to take the bull by the horn. The investor continues to highlight that sizeable multinational corporation will continue to hold power and control the market for an extended period which is a clear indication that these companies will also be determining the price of goods and services.
The central question that many people should be trying to answer is why there are few startup companies in the United States as compared to other developed countries around the world. The answer is an obvious one; government policies favor the rich and the established class rather than trying to welcome new investors in the industry. This means that most of the rules and regulations formulated and implemented by the government can only be met and adhered to by large corporations.
Shervin Pishevar is trying to give the economists and other policymakers that they have to reverse the trends and frontier trade and business policies that will help new investors invest in the United States so that startup organizations can thrive. One of the significant policy change that should be instituted is taxation where subsidies should be offered to startups based in the country. They will, therefore, be in a position to compete with large established entities. Current rules focus on high taxation which cripples the operations of startup companies which scares investors.