"Not a single new technology firm has come to the stock market this year, according to the British Venture Capital Association. And further back the evolutionary chain, venture capital investment in start-ups is now stalling in the US, and it's hard to see that pattern not being repeated in the UK."<p>"Last time we had a serious downturn in technology investment at the beginning of this decade, the world did not stand still. In a harsh climate, smart new ventures - from last.fm to Skype - were born, and consumer behaviour was transformed by the arrival of broadband."
i disagree. i think that the focus of tech has shifted away from trying to build up a company to the point of going public. now, its a market full of big companies snapping up smaller ones, and small companies staying small to stay profitable and/or looking to get bought up.