Is the Market (and Tech Scene) Rebounding?
Recent headlines (within last 10 days):
- Yahoo earnings beat expectations, profit triples, stock soars
- Apple earnings put stock near all time high
- Seagate Tech earnings surge to $179 million
- IBM reports 14% profit growth
- Sandisk Q3 Blowout!
I’m not going to pretend I’m a Wall Street analyst or an amateur Stocktwits guru, but where there is smoke, there is fire. While I can’t prove that the market is rebounding overall, this is solid news and we are moving in the right direction.
If this continues, the M&A market will heat up and some startups and later stage companies that we’ve all come to know will be on the receiving end of some checks (and potentially some stock swaps).
Areas that should see some M&A activity: location based mobile companies, buy-side advertising optimizers, mobile ad networks, mobile ad optimizers, and niche focused content sites.
Another sign of a potential recovery is the recent influx of headhunters, investors, company management all reaching out to find CMO’s and VPs of Marketing for their organizations and investments. Company positioning and value proposition is critical during a warm/hot M&A market.
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