AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Tech Industry Faces Decline as Year Comes to a Close
The NASDAQ and tech heavy index are nearing their worst year since 2008, signaling a decline in the tech industry. The chapter explores the movement of stocks including tech firms, EV makers, and Chinese tech names, as well as the struggles of gig economy stocks and cuts in valuation for startups like Instacart. The speakers anticipate potential IPOs in 2023 while discussing the IPO market and whether startups should wait for market stabilization before going public.