There are some grim signals and muttering noises coming out of what was once the shining haven of the future, Silicon Valley/CyberWorld. It is very much looking like the tech version of Mr. Toad’s Wild Ride is over, perpetual Fantasy Land is being canceled, and a return to Earth is ordered for the high flyers who inhabited that once sacrosanct realm. Tech types on both sides of the equation – the firms and the venture capitalists who’ve been on firm buying and investment sprees – are finding out in the rudest way possible that cheap money is not forever.Read More
The wild ride in tech looks to be about over
