Silicon Valley is a hotbed of innovation, with organizations like Google, Facebook and Apple main the pack. But despite the fact that tech is booming withinside the area, it's now no longer all correct news.
A latest document from the Center for American Progress observed that the tech enterprise has a percolating liquidity crisis this is inflicting a few fundamental ripples for the duration of Silicon Valley. The document highlighted what number of younger marketers are caught in debt at the same time as they construct their businesses — and it additionally mentioned that low hobby fees should make it even worse.
This problem is specially acute for startups which might be looking to improve capital from challenge capitalists or angel investors. According to the document, approximately one-0.33 of marketers surveyed stated they struggled with debt after elevating cash from investors. And lots of them stated those loans could take years to pay off.