“With a thriving tech economy, ballooning valuations and an IPO market humming at a level unseen since the dot-com boom of the late 1990s, headlines have lately, inevitably been raising the specter of another tech bubble — and asking whether a corresponding collapse is at hand. The answer, according to technology leaders, is a resounding no.That’s the conclusion from the fourth annual Technology Leaders Forecast Survey [October 2014] a poll of more than 200 technology executives and investors developed by DLA Piper, the global business law firm, and PitchBook, a research firm for private equity and venture capital. After years of uncertainty, technology leaders see an economy that’s found its footing and a tech industry that’s primed for sustainable expansion. Refuting concerns about a new bubble, more than three-quarters of technology executives say the US economy at large will experience at least moderate growth over the next 12 months. Technology executives are even more bullish regarding their own companies, with over a quarter of executives expecting significant sales growth and almost 90 percent expecting at least moderate growth. Expectations around employment growth are a bit more subdued, with 13 percent of executives expecting significant growth and 64 percent expecting at least moderate growth.That positive attitude carried over to their analysis of the domestic IPO market, where almost 70 percent expect to see at least moderate growth, which stands in sharp contrast to the prevailing, almost bearish sentiment of just two years ago, when 75 percent of executives told us they didn’t expect the IPO market would ever return to the levels of the late 1990s and early 2000s. Further, coming off the robust IPO market of the past year — capped off with the recent Alibaba offering — an expectation of moderate growth shows considerable confidence. Improved underlying market and economic conditions form the most popular rationale for the continued strength of the IPO market, followed by increasing investor demand and higher valuations.”