The Other Tech Bubble: Tech Mutual Funds
from the still-too-many dept
In the late 90s it seemed that everyone was pushing over each other to open up the latest, hottest “technology mutual fund” to capitalize on all the dot com IPOs. While the dot com bubble popped three years ago, there are still 135 tech funds out there. Down from a high of 181, but still much greater than the 46 that were found in 1997. Business 2.0 is asking when the “tech fund” bubble is going to burst, and find many of these funds liquidating themselves.
