This Tech Bubble Is Bursting

These journalists, along with most people outside the tech industry, fail to see the overall picture. 4 out of 5 of the largest companies on earth are tech firms, and none of them were even close to that position 10 years ago. Software runs the world and tech companies are the single largest driver of the modern American economy, making the overall pool of companies that may go belly up at any given time larger. Public consciousness just hasn't caught up to that fact yet since it happened so fast.

If journalists keep writing articles about tech bubbles every few months, someone is bound to be correct. Looks like this &quot;trend&quot; started up again in 2013.<p><a href="https:&#x2F;&#x2F;www.google.com&#x2F;trends&#x2F;explore#q=tech%20bubble" rel="nofollow">https:&#x2F;&#x2F;www.google.com&#x2F;trends&#x2F;explore#q=tech%20bubble</a>

Shouldn&#x27;t a bubble burst be sudden and definitive, like fancy tulip bulbs being worth a king&#x27;s ransom one day and close to nothing the next?<p>I guess &quot;the high tech sector may experience a reasonably paced contraction&quot; wouldn&#x27;t get as many clicks.

If everybody is a couple of layoffs away from profitability or multi-year runways, where are the big falls? Who is the Pets.com this time around?<p>P.S: Also mixed messaging (<a href="http:&#x2F;&#x2F;www.wsj.com&#x2F;articles&#x2F;fidelity-in-reversal-raises-value-of-many-tech-startups-1462041176?mod=e2tw" rel="nofollow">http:&#x2F;&#x2F;www.wsj.com&#x2F;articles&#x2F;fidelity-in-reversal-raises-valu...</a>). Maybe its not all sky-is-falling doom and gloom.

While I don&#x27;t think that the bubble is bursting, it does seem that the values some companies which have been massively overvalued, are being adjusted. I&#x27;d much rather see this than companies loosing 90-99% of the value overnight - That&#x27;s a burst.<p>If interns are making $80k a year, I think most of us are safe (for the time being).

This is one of those articles that consists mainly of speculation, anecdotes, and quotes from phone interviews. It&#x27;s hard to tell if Mimms ever left his office to do the foot-soldier work that serious journalism requires.

There is no bubble. There may be a dip in funding for companies of a certain stage, which could be due to any number of factors. Fund vintage (funds raised optimally at bottom of 2009 are now fully allocated); shift in focus away from sectors (no money for social media); random variance in relatively small pool of VC (tiny portion of total capital invested in small businesses).

How many people with a WSJ login actually read this before commenting?

Buy Credit Default Swaps for private tech unicorns!

Burst already God damnit, I&#x27;m sick of this slow motion train wreck.

If the funding bubble for startups has burst, fine, look to crowdfund startups and projects that people actually want to use.<p>I wanted to validate ideas early and tighten the feedback loop for products I was building, so we built Baqqer in the hopes it would create transparent projects and companies that help grow community from day one. Less time floating around until launch going &quot;I hope someone uses or pays me for this.&quot; and more time spent figuring out what people actually want.

I honestly think this constant talk of tech bubble is the best thing that can happen to this industry. It keeps people skeptical and allows the industry to make course corrections. It&#x27;s a much needed regularization.

Credit is much cheaper than it was in 2000. It&#x27;s simply not as appealing for investors to make hasty exits when cash is so easy to come by from other sources.

I have a feeling it&#x27;s going to be a &quot;soft-landing&quot; in terms of the tech scene in SV. I was hoping for a burst and a bit of a fall-out, but unfortunately everything I&#x27;m seeing is that the bubble is deflating slowly which is allowing for another round of inflation in the subsequent year, without the cleansing effect of a true burst like 2000. That would be unfortunate because it will mean that the next burst 5 years from now will be all the more painful, and we don&#x27;t currently get any relief from high housing&#x2F;rent, traffic, etc.

If we think about the future of technologies, I am pretty sure there is a bubble:<p><a href="https:&#x2F;&#x2F;medium.com&#x2F;@tbsmartens&#x2F;is-iot-the-end-of-rocket-internet-2697f4b7a3d1#.r0mgmh3hy" rel="nofollow">https:&#x2F;&#x2F;medium.com&#x2F;@tbsmartens&#x2F;is-iot-the-end-of-rocket-inte...</a><p>It´s all about singularity: How many services do you need that all do the same? Not too many, not too many - and this realisations will hit everybody, from ad-tech to server technologies to consumer services.

not bursting, deflating

FINALLY someone predicts the tech bubble bursting!

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stock markets does not believe that yet.

Drivel like this is why I refuse to pay for WSJ.

no, it isn&#x27;t.

I guess I&#x27;ll never know how exactly it&#x27;s bursting since that information is behind a paywall.

I&#x27;m sure there is a bubble bursting, whatever that means. But it&#x27;s interesting that this narrative always involves mentioning Zenefits, which is suffering because it ran afoul of the law, not due to an economic downturn.