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What to Watch in Tech in 2016: The Bubble, VR, Yahoo in Decline and Apple’s Midlife Crisis
Bubble Watch
If there is a tech bubble, it’s happening just outside the view of Wall Street. Unlike the 2000 bubble, where public stock valuations flew into the sky without accompanying earnings, this time around the concern is with unlisted companies that are getting investments that peg values on venture capital estimates. These billion-dollar unlisted companies are called “unicorns,” and while you’re probably heard of some—like Uber, AirBnb, Snapchat and Slack— others, like Quikr, Kabam and Farfetch are mysteries to most.
One unicorn, Square, tested the IPO market in 2015 and found its $6 billion private valuation was a lot closer to $4 billion on the open market. That discrepancy should have sent some shockwaves through the venture capital world and there are no there there.”
After some stagnation, in 2015 Twitter added a CEO and some snazzy new touches on its product. Can the other massive social media company start growing again in 2016?
Silicon Valley the show will be back to needle the real Silicon Valley with its third season in 2016. Things keep getting worse and worse for the team at Pied Piper, but the show added relatable female characters and season two was the strongest yet. And the show has ruffled some feathers. Back when the show came out, Elon Musk said, “I really feel like Mike Judge has never been to Burning Man.” Burn!
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