RIP good times: Tech’s chance to build back better

RIP good times: Tech’s chance to build back better
Tech firms all over the world are now facing hard decisions as they seek to adapt to the new market reality. (Image: Getty)
Peter Griffin
In 2008, as Lehman Brothers was collapsing and share prices plummeted, the legendary venture capital firm Sequoia Capital held a presentation for the startup founders it had invested in.The now infamous “RIP good times” slide deck outlined the carnage subprime mortgages and frozen credit markets had created. It was a set of circumstances very specific to that housing-led recession.But the Menlo Park, California, investment firm known for taking lucrative bets on the likes of Apple, Google, Zoom and Instagram, went on to advise tech...

More Opinion

Carmageddon: to buy shares, or not to
Opinion

Simon Robertson: Carmageddon: to buy shares, or not to

A basic early investing rule: never own airline or car company shares.

Simon Robertson 14 Dec 2024
Red tape? More scissors, less string please
Opinion

Deb Te Kawa: Red tape? More scissors, less string please

We need a complete rethink of how we approach regulation in Aotearoa New Zealand.

Deb Te Kawa 13 Dec 2024
Is advertising ready for the giant babushka?
Opinion

Kelly Bennett: Is advertising ready for the giant babushka?

Advertising was built on mergers but has not seen anything like IPG and Omnicom joining.

Kelly Bennett 13 Dec 2024
Microsoft’s shiny new NZ datacentre
Opinion

Peter Griffin: Microsoft’s shiny new NZ datacentre

NZ is a sort of experiment demonstrating the role of high-capacity infrastructure.

Peter Griffin 12 Dec 2024