downturn
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Silicon Valley is experiencing an extended boom that has only recently shown signs of fatigue. Many observers portend an ominous environment ripe for a bust similar to the early 2000s. Yes, there are many similarities between now and the dot-com boom. There are, however, key differences that will enable Silicon Valley to continue driving forward, no matter the headwinds. Read More
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We are accustomed to hearing that European tech is perpetually in Silicon Valley’s shadow. Now there have been suggestions that the local tech scene is starting to feel Silicon Valley’s valuation woes. If true, this should raise alarm bells, because if European technology startups struggle to raise money from wary investors, it could hit the brakes on Europe’s budding… Read More
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I started my last company in mid-2009, just as the market was beginning to recover from the fallout of the financial crisis. In the past several years, surrounded by fast-growth startups with sky-high valuations, many of us forgot what the downturn felt like. Today, things are changing. Again, we’re facing economic uncertainty on a global scale. Read More
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The rise was like a tech startup fairytale. Within three years of founding, this unicorn company had raised more than $1 billion in venture capital — closing an astonishing $950 million in its final private round at a nearly $5 billion valuation. Revenue growth was skyrocketing from $30 million in year two to $713 million in year three and a run-rate of $2.6 billion in year four. Read More
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All it takes is a quick look at the market to see that we are in for a bumpy ride — and a longer-term downturn may be imminent. Tech is not immune to that, which means we’ll see a hit to valuations, VC funding and fundraising. Lots of experts have talked about what that might mean for activity in the tech sector broadly. But what does it mean for the intersection of regulation… Read More
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The Bay Area is well-acquainted with boom and bust cycles, and while it’s too soon to declare that the tech economy has turned, recruiters see early indicators that it’s happening. Indeed, a handful of job placement executives confirms what recent headlines about layoffs already imply: The market is softening for numerous sectors of the startup world, as well as at publicly… Read More
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