18 months ago there was a seemingly limitless number of Silicon Valley future billionaires buying up multi-million dollar homes and renting out lavish pads. But if demand for excessively priced real estate is any indication of the health of Silicon Valley’s tech industry then all the venture capitalists who have tripped over themselves to invest in the next ‘decacorn’, or startups worth $10s of billions pre-IPO despite burning billions of cash quarterly, should be getting pretty worried right about now.
Published in TZ Latest News 18 March, 2017 by The TZ Newswire Staff
Signs That The Silicon Valley Tech Bubble Is About To Burst
Published in TZ Latest News 18 March, 2017 by The TZ Newswire Staff
Signs That The Silicon Valley Tech Bubble Is About To Burst
18 months ago there was a seemingly limitless number of Silicon Valley future billionaires buying up multi-million dollar homes and renting out lavish pads. But if demand for excessively priced real estate is any indication of the health of Silicon Valley’s tech industry then all the venture capitalists who have tripped over themselves to invest in the next ‘decacorn’, or startups worth $10s of billions pre-IPO despite burning billions of cash quarterly, should be getting pretty worried right about now.