A Tech Correction Is Coming And Why You Should Be Happy About It

Editors note: Pot stocks take caution, all bubbles eventually burst.  But tech money may also be looking for a new home in the near future, so get your ducks in a row if you want to attract capital and brain power. A tech correction is coming. The only remaining question marks are when it will happen and how bad it will be. Let’s take a look at the evidence.

The NASDAQ index is now up around 5,000 points, the culmination of a terrific seven-year run in which it has tripled in value. The only other time it reached this level was just before the dot.com crash in 2000. In comparison, the Dow Jones has only risen by half as much over the same time period.

An unprecedented level of Venture Capital (VC) funding has fueled this rise. According to CB Insights, VC funding globally was just under US$50 billion in 2011,...

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