With all
the success technology has been having recently we have seen a huge increase in
investments from private sectors. Experts
are seeing investments reach record highs just like back in the hay days before
the dotcom bubble.
For those
who don’t recall, the dotcom era was a time in the 90’s where people were
investing in tech companies feverishly. People
were trying to gobble up all the companies they could in the hopes of hitting
it big.
A piece has
recently been published in which respected venture capitalist Bill Gurley told The Wall Street Journal the “Huge amount of capital pouring into
startups-and the great expectations all that money represents-is forcing new
companies to spend more, and faster, than they have in 15 years. So much
spending sets companies up for a fall if the funding dries up and they still
have big bill to pay.
It seems
though that people are not paying attention to this warning digging themselves
deeper by the day. The problem is if your
competitor is spending then you must spend to also keep up. The experts seem to divide 50/50. Half of the experts seem to feel like the market
is strong and this is the time to continue pumping funds into new businesses
while others feel like we are seeing a reoccurrence of what happened in
1999.
Unlike the
90’s tech companies now are concentrating on tangible products. People aren’t trying to sell ideas anymore,
they are more concentrated on making a product or a service that will make a
person’s life easier. Take for example
the new field of home automation.
In the last
10 years home automation has been making moves.
Companies like Nest Labs have
created a product that saves you money on your energy bills by creating smart
thermostats that can keep a close look on your energy consumption. These companies are thriving. Nest lasb recently was bought out by Google
for 3.2 billion dollars.
Companies
like Cyber Technologies provides some of the best products on the market for
home automation, security systems and system integrations. For more information contact Cyber Technology
today for the following services:
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