Excerpt from Barron’s quoting DataTrek’s Nick Colas:
…. “If the latest VC data are signs of a dry spell, U.S. investors may want to take note because venture-backed companies buy a lot of hardware and software as well as components, and use cloud-computing services, use cloud-computing services, and buy components, DataTrek Research co-founder Nicholas Colas wrote to clients in a note this week. “The slowdown in Chinese VC is, therefore, something worth watching for U.S. tech investors. Remember what happened to high-end chipmakers when the bitcoin bubble burst? This is potentially like that, only much bigger,” he cautioned”….
Read the full article here in Barron’s!