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Global oil prices are falling and Chinese leaders are scrambling as their economy buckles, but the stock market's recent tumble has also uncovered problems in Silicon Valley.
Compared to the rest of the country, the Bay Area bounced back quickly from the Great Recession, thanks to the region's growing tech sector. Now, even once-burgeoning companies like Fourquare, FitBit and even Twitter have seen their share prices tumble.
Lise Buyer, founder and partner of Class V Group, a public-offering consulting firm in Silicon Valley, describes the technology sector's recent woes and examines the companies that will persevere in the current economic climate.
What you'll learn from this segment:
- What's happening with tech stocks in the U.S. and around the globe.
- Whether the tide is turning against the novelty of tech startups.
- What this means overall for Silicon Valley and the Bay Area.
