Dour news on clearly the best weather day the East Coast has seen this year - 75 degrees and beautiful sunny skies. So - is this news the signaling of storm clouds inching their way in? From our vantage point, the demand and competition for talent has not been as intense as it is now in years. The good news is that most of the demand we are experiencing appears to be more a function of companies growing and overachieving on their targets, as opposed to merely reacting to having raised lots of money and looking for something to spend it on. Being the "glass half full" person that I am, I tend to see this as "digestion" per Venky Ganesan's comment.
Tech investors and startups alike had hoped the new year would bring a revival in venture investments and initial public offerings that began slowing down last year. No such luck. According to two new reports this week, and likely a third report due out next week, both venture-backed investments and IPOs are continuing to fall. That’s despite a pretty favorable environment marked by a rising stock market, falling unemployment and upward revisions in gross domestic product numbers.
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