Evernote is a bad datapoint for the Times to use as a starting point for some tech bubble tea leaf reading. The company was mismanaged for nearly 4 years. The founder and CEO walked or was pushed out over a year ago. And rightly so. It was like it was run by someone with A.D.D. For example they opened an online store that sold a bunch of branded Evernote junk, pens etc. including Evernote socks... They kept adding new features when core features were broken for several versions of the app. In some cases resulting in data lost, eroding customer confidence in the product.
The tech winter came and took out VC funds, valuations, board seats and executives. It also slowed down the rate of new startups and IPO's. It didn't crush companies like reporters speculated or wished. This time companies that received large amounts of funding unlike the crazy web 1.0 companies of 1999. These companies have finical planners, oversight and accountants. This gave them some buffer.
The tech winter came and took out VC funds, valuations, board seats and executives. It also slowed down the rate of new startups and IPO's. It didn't crush companies like reporters speculated or wished. This time companies that received large amounts of funding unlike the crazy web 1.0 companies of 1999. These companies have finical planners, oversight and accountants. This gave them some buffer.