What’s even harder to endure than the collapse of an economic or technology bubble? The long lull that follows.
The current bubble hasn’t popped quite yet—and it might not, at least not in the sudden and messy way that the dot-com bubble did, in March 2000. What’s just as possible is that that we’ll see a slow leak: a gradual downgrading of expectations about the technology economy—reflected in concrete measures like falling company valuations, lower rates of venture investment and new company formation, and a slowdown in IPO and M&A activity—but without a dramatic crash on the NASDAQ or the NYSE.
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To read the original article: Welcome to the Seven-Year Technology Pause | Xconomy
