Here's what will happen to the tech industry in a recession

  • 📰 CNBC
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

The power and dominance of tech companies seem inevitable, and the wisdom of their executives and investors unquestionable. But as anybody who lived through the dot-com bust or Great Recession can tell you, a lot of things will change in a downturn.

grew from start-up through IPO, collectively achieving well over $100 billion in new market value. Venture money keeps flowing into start-ups, to the point where $100 million fundraising rounds seem unremarkable.

But as anybody who lived through the dot-com bust or Great Recession can tell you, a lot of things will change in a downturn. Depending on how deep and how long any recession lasts, look out for the following: Owners will be looking to restructure and engage in creative business recombinations. Mergers, spinoffs, buyouts, you name it — assuming financing is available.

Big companies will abandon speculative or underperforming business units. On the plus side, this will leave new room for start-ups to find disruptive business models that the giants are suddenly too scared to touch.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Trump want the tech in Russia and the Baltic’s

CNBC beating the drum again for a recession. Their agenda more political than financial. US economy slowing down a bit driven by anti Trump leftist democrats trying to take down the president instead of focusing on productive legislation.

Excellent! Hopefully these unprofitable SJW companies collapse. Enough of the scam IPOs, super-overvalued stock, and clown world controversies!

We are just here

And this is news! Why ?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Automakers trim production as market weakens – but hope to avoid wholesale cuts of a decade agoIndustry officials, including General Motors CEO Mary Barra, say they learned critical lessons during the last recession and hope to be more proactive this time around. PMOIndia FinMinIndia Why is auto sector a priority-why cannot this be a big opportunity to move to electric vehicles & cycles-this will be reset road crazy development,better airquality,save forest trees &save previous forex to the country- we must let some death of this sector The economy is slowing primarily because of Trump’s stupid trade war with China! If it continues it may cause a global recession! Trump is a moron! Drop the interest rates, & people will buy more cars. It’s not rocket science.
Source: CNBC - 🏆 12. / 72 Read more »