Tech bubbles are bursting all over the place
Some more loudly than others
A FAVOURITE PASTIME in Silicon Valley, second only to inventing the next new thing, is bubble-spotting. Even industry insiders tend to get these things spectacularly wrong. “You’ll see some dead unicorns this year,” Bill Gurley, a noted venture capitalist, predicted in 2015, the year that incubation of these startups worth more than $1bn really got going.
This article appeared in the Business section of the print edition under the headline “Pop!”
From the May 14th 2022 edition
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