In what has been a relatively uneventful year for tech IPOs, a number of private startups continue to set record valuations in exchange for cheap capital. While few private tech companies have released IPO information, the following seven companies have grown quite rapidly and could prove to be lucrative investment opportunities for public traders.
Read MoreCreative Destruction
One of the more interesting ideas to come out of economic and business literature is that of “creative destruction,” which is closely related to the concept of “disruptive innovation.” Distilled down to its most basic form, “creative destruction” is the concept that something new, whether a technology, manufacturing process, or business practice, can disrupt the established market and upset the market power of entrenched companies.
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