Tech Fail Forecast: Bursting The Next Bubble - InformationWeek

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IT Leadership // Digital Business
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12/28/2015
07:06 AM
Jim Nash
Jim Nash
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Tech Fail Forecast: Bursting The Next Bubble

Fifteen years after the dot-com bubble burst, industry pundits are calling out similar signs of froth in the current tech boom. Here are nine tech ideas, products, excesses, and business models that we expect to look back on in 15 years and ask: "What were we thinking?"
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The Term 'Unicorn'
This fanciful term always sounded odd coming out of a hyper-competitive and profit-driven industry like venture capital. The VC industry's pejorative nickname is 'vulture capitalism' for a reason. And a lot of investors are likely to find that their own unicorn was all too imaginary. For the record: The word 'unicorn' in this context was coined by Aileen Lee, founder of the VC firm Cowboy Ventures, in a November 2013 blog post on TechCrunch.  Back then, Lee counted only 39 such creatures.
(Image: Domenico Zampieri via Wikimedia Commons)

The Term 'Unicorn'

This fanciful term always sounded odd coming out of a hyper-competitive and profit-driven industry like venture capital. The VC industry's pejorative nickname is "vulture capitalism" for a reason. And a lot of investors are likely to find that their own unicorn was all too imaginary. For the record: The word "unicorn" in this context was coined by Aileen Lee, founder of the VC firm Cowboy Ventures, in a November 2013 blog post on TechCrunch. Back then, Lee counted only 39 such creatures.

(Image: Domenico Zampieri via Wikimedia Commons)

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