What happened to the 2012 tech bubble that never was

By Rebecca Greenfield

January 3, 2013

Turns out Facebook's fizzled IPO was a pretty good microcosm for 2012 in startup land: it was all one big fizzle. The final numbers for last year in venture-capital IPOs and acquisitions are in, and while there was no dot-com-era type of explosion, the much hyped new tech bubble appears to have just... petered out. There remains hope, as always, for the unpredictable year ahead. Here are some key stats from the Thompson Reuters and National Venture Capital Association survey released Wednesday:

The most positive figure from the entire report is actually skewed: Those eight companies that did IPO companies raised more money on average, combing out with higher valuations — an average that is weighed down almost entirely by Facebook. But venture-backed companies did raise $21.5 billion (way up from $10.7 billion the year before), which was the strongest annual funding since 2000. 

Read more at The Atlantic Wire


By Rebecca Greenfield

January 3, 2013

http://www.nextgov.com/cio-briefing/2013/01/what-happened-2012-tech-bubble-never-was/60450/