Tech Investors Are Growing Increasingly Optimistic

Even though several highly-anticipated IPOs have already proven disappointing this year, tech investors aren't losing their optimism. According to research by SharesPost, tech investors feel the industry's companies are going to grow even more valuable over the coming 12 months.

Since the end of 2016, investors have become more bullish. 68 percent of those polled expect valuations for private companies to rise over the coming 12 months, up from 49 percent at the end of 2016. Only 15 percent of investors think private tech company valuations will fall over the coming year.