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Tag: dot.com

Christian Sanfilippo

Silicon Valley: Dot-com 2.0 Crash Looms as VC Tech IPOs Dwindle

Earlier this week, Breitbart News broke described how hedge funds paid too much for venture investments and are actually losing money on many public offerings. Now a new report by pitchbook.com called “Are IPO down rounds to blame for dearth of VC tech IPOs?” reveals that the number of venture-backed tech companies seeking to go public is dwindling to a trickle. If the initial public offering (IPO) window closes, Silicon Valley could face a Dot-com Crash Version 2.0.

REUTERS/LUCAS JACKSON

Hot NASDAQ Stock Index Is Still Down 31.6% After Inflation

It has been over 14 years since the NASDAQ index touched an all-time high of 5132.52 on March 10, 2000, signaling the end of the “dot-com” boom. By closing today at 4,726.81, the tech-heavy, over-the-counter stock exchange is only 6.2% from topping the previous record high.