Suffice to say, Silicon Valley is known as the center of tech innovations in America. As a matter of fact, Shervin Pishevar is an angel investor in some of the most reputable tech companies in this Silicon Valley. On February 2018, Shervin Pishevar went on a 21-hour long tweet storm, and one of the topics he touched on is tech innovations in Silicon Valley, concerning big companies and startups.
As an entrepreneur, Shervin Pishevar has played a significant role in the current state of Silicon Valley. In his tweets, he mentions that Silicon Valley is no longer the giant it was in tech innovations. He tweeted that “A tectonic shift in has been brewing as Silicon Valley has lost some of its competitive edge against competing zones of innovation.” Why is this the case? Innovation is mostly creativity. People from different parts of the globe now have the skill set and know-how needed to develop tech innovations of their own.
Innovation also involves a lot of technical and engineering skills. And as Shervin Pishevar notes, there is not enough workforce in the U.S. to fill these positions. As a result, Silicon Valley has lost its competitive edge to other regions that have the ability to create their own products.
Truth be told, there is a lot of talent out there. If Silicon Valley wishes to remain at the top, it is time immigrants were allowed to come into the country. Pishevar goes on to mention that “But while we build walls physical and culture to keep out immigrant talent that talent doesn’t need to come here anymore.” He also tweeted that “As I’ve said before Silicon Valley is it longer a physical place but an idea that’s gone viral. Entrepreneurship is a movement. Borderless.”
What does this mean? If Silicon Valley wants to continue experiencing growth, they have to bring in immigrants who have the needed skills. If they don’t do so, other zones will take over and capture more talent, leaving Silicon Valley behind.