‘Tech IPOs not keeping up with funding surge’ – CNBC
Joe Sohm says, “If you’re looking for signs of a tech bubble, you don’t have to do much searching these days. From start-up valuations and real estate prices to fancy perks and outlandish parties, practically everything in Silicon Valley is headed up and to the right.
A report Thursday from CB Insights shows that investor support, far from wavering, is still picking up, with venture capitalists plunging $13.9 billion into start-ups in the second quarter, the most in any period since 2001 and almost twice the amount from a year earlier. Investing in mobile surged to a record and the number of companies raising money at valuations of at least $1 billion was more than double the number that did so all of last year”.
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