A mutual fund that invests in technology stocks that have gained traction in recent years has been on the market since 2009.
But since the last time it raised money, in 2015, it has lost almost all of its money.
Now, its market cap has fallen to $20 million, less than half of the $300 million that it raised.
The company’s CEO, Michael Schreiber, said in a statement that the fund’s decline reflects “our inability to find new investors.”
“While the fund is profitable, the fund remains short of cash and is currently facing significant debt.
As we head into the next year, the business plan is to pursue other investment opportunities,” Schreib said.
Investors are now paying much more attention to tech stocks, particularly the companies in the unicorn category.
They are paying more attention because tech stocks have been so much more volatile in recent months.
That volatility has contributed to a drop in the fund from its $300,000 market cap to less than $40 million.
A recent study by S&P Capital IQ found that tech stocks are trading at a 12-year low.
This year’s downturn could mean that investors are buying less and selling more as they wait for the economy to improve.
For example, in December, tech stocks were trading at all-time highs, and stocks in the aerospace and energy industries were soaring.
But that trend has been reversed.
On January 1, the Dow Jones Industrial Average fell 1,764 points, or 2.2%, to 26,946.82, the S&s Industrial Average lost 2,065 points, with the Nasdaq down 2,942 points, and the Nasd up 2,895 points.
A tech bubble?
The tech boom is the result of a bubble that burst in 2014.
It began in earnest in 2015 when Apple released its first iPhone and a huge boom ensued.
The tech bubble started to collapse in early 2016 when Facebook bought WhatsApp, a messaging app that is now used by over one billion people worldwide.
In late 2016, the tech bubble burst when Facebook acquired Oculus VR, maker of virtual reality headsets that use sensors to project virtual images onto the wearer’s retina.
The bubble popped again when Facebook shut down Oculus VR and announced a $2 billion purchase of WhatsApp in 2018.
Investors reacted by buying up all of the tech stocks that were up at the time.
But they lost money in the process.
The S&ams study found that “the largest percentage of investors that exited the tech-sector stocks during the bubble period were tech-focused companies, with a return of just over 7%, and were most often small to medium-sized companies.”
The tech industry, which is worth $1.5 trillion, has been a key driver of the American economy since the beginning of the century.
But as the economy booms, the money flowing into tech stocks has dried up.
Investors have turned to stocks that are trading low in value, and are trading high.
As a result, the companies that were once among the most successful in the U.S. have been struggling to make a profit.
A lot of companies have gone public since the start of the year, and many of them have been bought by tech giants.
Some of the big tech stocks: Microsoft, Uber, Apple, Google, Facebook, Amazon, and Zynga.
The stock market is expected to return to normal by early next year.