The phrase
"tech boom" refers to a period of rapid growth and success in the technology industry. It typically signifies a surge in new technologies, innovation, and investment, leading to the creation of groundbreaking products and services.
Full definition
After falling out of favor during the high -
tech boom of the»90s, real estate investment trusts, or REITs, are once again a hot investing commodity.
During the
recent tech boom, many startups ended up with valuations of $ 1 billion or more.
Today's
tech boom means investors are more willing than ever to write big checks, but it also means more startups than ever are competing for those funds.
A
vibrant tech boom is helping to boost home sales of $ 1 million and up, which have doubled in this area in the past year.
The entire
tech boom in the past few months has really focused on the big companies, the CEO of the Aspen Institute said.
The late
1990s tech boom left the national office market chock - full of tenants, but innovations achieved during that hasty expansion aren't yielding the same results these days.
Even after this
current tech boom goes away, I think there still will be a strong demand for real estate here because people want to live here and it is a good place to start a business.
In Santa Clara County, where the Silicon
Valley tech boom has led to skyrocketing home prices, local officials want to turn a public parking lot into teacher housing.
«This is the beginning of a next
great tech boom where trillions of dollars worth of real world assets will be decentralized and placed onto the blockchain in the coming years.
Levi's timing seemed equally fortuitous when he, along with six B.C. trade unions, set up GrowthWorks in 1991, at the start of a decade -
long tech boom.
We all laugh at the Super Bowl advertising excess of the»90s tech boom, but there was a kernel of sense in the awareness craze: If your dot - com is being valued at eleventy - zillion times revenue, it seems inevitable that parabolic growth is in the cards.
If many of them end up listing in Hong Kong, then China will have accomplished a major goal: keeping its hugely
successful tech boom at home.
Across the lake, dozens of cranes rise above the Seattle skyline — visual reminders of the city's
ongoing tech boom.
«Halt and Catch Fire,» AMC's latest drama set during the
1980s tech boom, is about to get released to the masses on DVD and Blu - ray plus Digital and DVD this May, and to celebrate the upcoming release, the show's star, Lee Pace, and the show creators / executive producers discuss retro technology in a DVD bonus clip.
As long as speculators keep bidding up prices (similar to the late
90s tech boom or the early 2000s housing market) nobody seems to care; but then once the correction / crash happens, people will crawl out of the woodwork saying «nobody saw that coming!»
For trainees, the obvious benefit of all of this is international secondments — around a third do one, with San Francisco (the firm's first US office, founded presciently in 2008 to take advantage of the
ensuing tech boom) a reasonably common destination.
The
continued tech boom in the Bay coincides with continued growth of tech jobs around the country.
In the video, I see I was too harsh on Seattle, it's not in the same league as San Francisco as far as home price increases go, although home prices in both cities will eventually be squeezed when the current
tech boom cools off.
In fact, the Wall Street Journal reports that despite the riches of the
high tech boom, San Francisco declined by 24,000 people last year, mostly because too many residents were priced out of its expensive housing market.»
Denmark is facing its «Nokia moment»; drugmaker Novo Nordisk has ballooned into a $ 100 billion giant, dominating its home stock market just as the Finnish firm did at the height of the
1990s tech boom.
But the city also has a history of coping with boom and bust cycles like the forty - niners, the logging barons, and a variety of
recent tech booms (and busts).
It's a business model that hasn't been successful before, say venture capitalists and insurance experts, and it's made Zenefits one of the most - watched startups in the country and launched Parker Conrad, the company's unassuming and mild - mannered co-founder and chief executive, into the hard - charging, high - stakes
valley tech boom.
While the
first tech boom, and subsequent bust, more than a decade ago is a concern for the massive bubble of new tech companies today, Yasukochi says there's evidence that this cycle will be different, that the boom may be slow to diminish.
The
current tech boom is not just in the Bay Area, and some unlikely cities are gaining traction as key hubs.
SingularDTV's co-founder and CEO Zach LeBeau told CoinDesk he believes that the next
great tech boom will see «trillions and trillions of centralized dollars» move to a blockchain, and that CODE will help make that happen.
The on - demand economy is also projected to show significant growth, though the general trend of expansion in the number of users of 1099 forms (tax forms for independent contractors) started long before the recent
tech boom.
However, when
the tech boom rolled in the company and its new investors embarked on Virginesque global conquest.
It has also been called the new «center of
the tech boom,» with companies like Amazon and Microsoft bringing many jobs to the area.
Why it's hot: Jeff Slobotski might not have started any companies in his hometown, but he's credited with making
its tech boom heard beyond its city limits.
«I felt good about it at the time because Cara collapsed and I got into
the tech boom market and that took off,» he recalls.
Answering that question has guided Charles Marleau's career from his early days working at the Montreal Stock Exchange to managing his family's money during
the tech boom and bust.
Lee - Chin was criticized for missing out on
the tech boom, then the rise of income trusts, then the rush to commodities.
Born in Denmark, he spent time at Unilever and Novartis — not two companies associated with the high -
tech boom — before founding SuccessFactors in 2001 and taking it public in 2007.
«This is one way — not a silver bullet — but one way that helps a city like ours address the impasse of
the tech boom and a growing housing crisis,» said San Francisco city supervisor Eric Mar, one of the proposed measure's three co-sponsors.
It's probably not surprising that 14 of the 25 cities where prices rose the fastest are in California, where
the tech boom has pushed home values into the stratosphere.
During the heady days of
any tech boom, nearly every founder you talk to is «crushing it.»
Indeed, in the years following the end of
the tech boom, SEP (No. 93 on the PROFIT 500, with $ 11.4 million in revenue) had ridden a wave of expansion as a growing number of firms moved to search advertising and other forms of digital brand promotion.
Even those with short memories can recall
the tech boom and bust at the turn of the last decade, or the financial crisis we are still digging out of.
BH: We've been through a few cycles of
tech booms and busts now, and we know what it takes to grow bigger companies.
Microsoft and Intel also reported strong earnings, driving stock prices higher in after - hours trading, and dispelling notions that
the tech boom is over.
Campsyte, which builds and operates smart modular spaces making it easy for lot owners to generate revenue and for renters to find unique communities, was an opportunity born out of some of the challenges San Francisco's
tech boom has placed on the already overcrowded Californian city.
Launched just three years ago, ladies apparel company NV BLUE is one of the thousands of small businesses that have emerged from San Francisco's
tech boom.