Linked by Thom Holwerda on Thu 19th Aug 2010 17:54 UTC, submitted by poundsmack
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Member since:
2006-12-11
Just another step in fewer and fewer public tech companies in Silicon Valley. Small start ups are also vanishing.
Vanishing Public Companies Lead To The Incredible Shrinking Silicon Valley
http://www.siliconbeat.com/2010/02/17/vanishing-public-companies-le...
One of the most significant trends I’ve been watching over the past decade is the dramatic drop in public companies in Silicon Valley. Naturally, that number was artificially inflated during the dot-com bubble when it reached 417 in 2000.
But the number of public companies has dropped for nine straight years now. Even when IPOs briefly reappeared in 2006 and 2007, they weren’t enough to overcome the net loss of public companies through acquisitions or bankruptcy.
In 2008, the number had fallen to 261. We just updated our records and the latest figure is 241.
That’s not just less than the dot-com era, that’s well below the 315 public companies