TECHtalk - Issue 3, May 2015
BDO’s Q1 2015 TechTalk report, which provides a comprehensive view of key trends and deals in the technology industry, has revealed that M&A activity in the tech sector continues to boom internationally while the number of companies completing IPOs has sharply declined.
Main findings include:
- Late-stage technology start-ups have easy access to private capital from VCs and increasingly from hedge and mutual funds at high valuations
- Fears of a dotcom-style technology bubble in the US seem to have subsided for now
- The Chinese stock market is in the middle of a bull run and is up almost 100% over 12 months
- Hong Kong is benefitting from China’s stock market fever