In Silicon Valley, a boom era looks like it’s coming to an end

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If it wasn’t clear from the increasingly low 2022 financial results for most tech companies, last week’s shocking collapse of Silicon Valley’s go-to marked the bitter end of last decade’s big tech boom.

Last Friday’s near Lehman-like collapse of a Silicon Valley was a major blow to the startup and venture-capital ecosystem from which new ideas and companies come. And earlier this week, Platforms Inc. META and Inc.

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