For technology firms, the overproduction of semiconductors, flat screens and computers does not bode well.
The IPO market for technology firms has sprung to life again in America.
Whether MBAs are a good fit for technology firms is another question altogether.
But more than ever, the Valley is a must location for technology firms of any size.
The fact remains, however, that for technology firms, venture investing is a delicate balancing act.
Traditional industries like steel making and mining remain important, though the city is also home to the Lulea University of Technology and a small business park for technology firms.
But it's this collision where the biggest challenges for technology firms lie, encouraging adoption of rapidly developing new technology for a population that is quirky, unpredictable and, in turn, both sceptical and overtrusting.
But that is increasingly the biggest challenge for technology firms, in not only being able to explore and exploit the opportunity of technology using their significant resources and brainpower, but in knowing how to win the confidence of citizens.
In future, seed funding for technology firms is likely to come from "angel investors", typically rich people looking for diversification, rather than institutions.Investment bankers have seen an increasing share of their fees come from private-equity deals.
But when it all went sour, its standing with investors worsened all the more quickly.Comes a cropperCommunications with the outside world also failed and that suggests a wider lesson for technology firms.
