Doubts About Private Tech Grow

You’re not the only one feeling gloomy about the markets. Sentiment towards both the broader economy and the technology sector turned negative this month among The Information subscribers, according to our latest survey. It’s the first time sentiment has turned negative for either since the monthly survey began last November.

The gloomy attitude surfacing in the survey was particularly noticeable in responses to a question about future value of individual companies. A majority of subscribers said they expected 10 of the 14 companies on the list would be worth less in two years than their current valuation.