Should we worry about a tech bubble?
It seems like every day we hear about some newfangled app landing tens of millions of dollars and sometimes billions of dollars in funding.
Silicon Valley is minting tech millionaires right now.
For some market watchers, the anecdotes echo of the tech bubble of the late 1990s that ultimate collapse in one stunning stock market crash.
Are we reliving that dotcom bubble?
The actual data suggests we aren’t.
Andreessen Horowitz’s Benedict Evans tweeted this chart of the past 35 years of private funding and initial public funding in the tech industry.
Currently, the money is flowing at half the pace it was during the peak in 2000.
This article is published in collaboration with Business Insider. Publication does not imply endorsement of views by the World Economic Forum.
To keep up with the Agenda subscribe to our weekly newsletter.
Author: Sam Ro is a deputy editor at Business Insider.
Image: An illustration picture shows a projection of binary code on a man holding a laptop computer, in an office in Warsaw. REUTERS/Kacper Pempel
Don't miss any update on this topic
Create a free account and access your personalized content collection with our latest publications and analyses.
License and Republishing
World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.
The views expressed in this article are those of the author alone and not the World Economic Forum.
Stay up to date:
The Digital Economy
The Agenda Weekly
A weekly update of the most important issues driving the global agenda
You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.
More on Geo-Economics and PoliticsSee all
Spencer Feingold
November 20, 2024
