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Even I don't like my portfolio," says Pip Coburn, chief of global tech equity research at UBS Warburg.
But Clef employees had also taken it upon themselves to craft a tech equity plan for Oakland startups to help train and potentially hire local residents, meeting dozens of civic and non-profit leaders in the process.
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Prior to Gawker, Spiers was a buy-side financial analyst focusing on small cap tech equities and (prior to that) early stage venture capital.
But the recent record high for the NASDAQ, America's tech-heavy equity index, ought to give investors pause.
Alongside these low-tech innovations, Equity Bank has harnessed the exponential growth in mobile telephony in Africa.
Serena was purchased at 11 times EBITDA a record multiple for a tech deal.Private-equity firms are raising huge amounts of capital from profit-hungry investors.
In early 2011, Jeffrey Leonard, a clean-tech private equity fund manager, wrote in the Washington Monthly that Cisco Systems was increasing its payment time from 30 to 60 days, despite handsome profits and nearly $39 billion in cash on its balance sheet.
This is also the position backed in a new report from tech-focused equity specialists BlueFin Research Partners.
Jörg Sperling is a partner at clean-tech private equity firm WHEB Partners, which has invested heavily in the business.
Five years ago he joined Elevation Partners, a tech private-equity firm with investments in companies such as gadget maker Palm and Web site Move, formerly Homestore Inc. Palm is a big turnaround story that's still evolving.
"In addition," Mr. Fine said, "growing concerns about risks in other sectors have, at times, produced a flight-to-quality movement into Treasuries, and with asset allocations jumping around between cash, bonds, traditional stocks and particularly tech-sector equities, the markets appear to be searching for some kind of anchor in what has recently become a rather volatile financial world".
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