, Columnist
Follow the Bouncing Tech Bubble
Startup cash has dwindled, but venture capital firms are raising a ton more.
This article is for subscribers only.
Silicon Valley's moment of sanity is likely to be short-lived.
Two contradictory trends are swirling in the world of tech startups. First, what had been a torrent of money rushing into young tech companies has become a babbling brook in the past six months. This has been a healthy development that has forced Silicon Valley to migrate slowly back to the altar of profits.