Entrepreneur and venture capitalist Shervin Pishevar has a knack for choosing young companies to invest in. He is an Angel Investor, meaning he provides backing to new companies and has done so with over 60 startups.
In 2015 Shervin Pishevar was appointed by Barack Obama to assume a position on the J. William Fulbright Foreign Scholarship Board. The J. William Fulbright Foreign Scholarship Board is in charge of overseeing several programs, such as the Fulbright Program, which chooses educators and students for a scholarship funded exchange programs. The Board consists of 12 members.
Pishevar, who received his college education the University of California Berkeley, initially planned on working in the medical field. He studied the trade in college, and even published some research in medical journals. After college, however, he decided to pursue entrepreneurship and began investing in and developing software.
He released one of the first web-based browsers in 1997 called WebOS. It was successful, and Shervin Pishevar began to focus on investing. He created Seges capital in 2001. Despite his investment work (he managed 17 accounts for Seges Capital) Pishever continued to work in technology. He founded two tech companies in 2001. One, Application Corporation, developed popular messaging software. The other, Ionside Interactive, developed software for the Pocket PC, including graphics systems and artificial intelligence.
In 2005 Pishevar gathered $12 million of investor money for Webs Inc, which had changed its name from Freewebs. These investments help to boost Webs Inc. to the top of the list of social publishing companies.
Shervin Pishevar partnered with an investment banker from Goldman Sachs named Scott Stanford in 2013. The two started a venture capital company they named Sherpa Capital. The firm invested in what would become some of the most popular companies in America, such as Airbnb and Uber. In 2014 Pishevar began to look into developing a Hyperloop for southern California.
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