Understand the rise and fall of the technology industry from the sales of the table tennis table

ByDomenico Mascagna

Twitter announced sales in the first quarter of 2016It is 36% higher than the same period of the previous year due to sluggish advertising revenue, Lower than the market forecast average. As an example, "Twitter has ordered table tennis every year until 2014, but suddenly ceased to be ordered from one time" as an example, the surprising connection between the rise and fall of the technology industry and the sales of the table tennis table is visible.

Is the Tech Bubble Popping? Ping Pong Offers an Answer - WSJ
http://www.wsj.com/articles/is-the-tech-bubble-popping-ping-pong-offers-an-answer-1462286089

In response to the question "Why did Twitter suddenly stop ordering the table tennis table", Twitter PR has said "I bought a strong table tennis table", but in fact the sales of the table tennis table and the excitement of the technology industry There is a correlation between. The figure below shows the relationship between quarterly sales of venture capital in Silicon Valley (vertical axis) and quarterly sales of table tennis table (horizontal axis). Roughly looking at, as sales of table tennis table go up, venture capital sales also increased, especially in the second quarter of 2015, both were very good at sales. However, looking at the first quarter of 2016, both have recorded very low sales.


Simon Ng, the shop owner of a retail store selling table tennis, thinks that sales of the table tennis table are pursuing the economy of the technology industry, "Although sales in the first quarter of last year were very good, "We are slowly losing sales." "Technology companies may not have space to put table tennis tables in the company or they may have problems."

Track financing of venture companiesDow Jones VentureSourceAccording to the report, table tennis sales in the first quarter of 2016 fell by 50% from the previous term, and startup investment also fell by 25%. Although it seems to have nothing to do with it at all, the startup based in San FranciscoLithium TechnologiesSaid, "Companies without table tennis table are not technology companies."

Joe Fahr, vice president of marketing company FutureAdvisor, is a skill to be the second place in table tennis ranking within the startup company. Fahr says, "The table tennis table is an equalizer that breaks the hierarchy." In other words, when a table tennis table is in the company, switching "You are not working now" is possible inside the company, you can refresh and deepen your relationship with your colleagues and your boss.

ByMichael Koukoullis

Pivotal, a software company in San Francisco, has eight table tennis tables, coders use it during breaks, and in the Bay Area there are also table tennis tournaments where companies such as Oracle and Dropbox participate, In Silicon Valley, table tennis culture is penetrating. Michael Cardamone, a capitalist who hosts tournaments, advises young startups "to be one of the company's culture" about setting up a table tennis table.

It is in San FranciscoSPORTS AUTHORITYRepresentative David Vannatta also recognized that there is a correlation between technology company and table tennis sales and explained that the sales of table tennis table began to decline since Christmas 2015. In terms of business units, Yahoo! has not purchased sports equipment such as table tennis for a long time, Intel stops purchasing in 2015. However, it seems that only Google is continuing to buy sporting goods.


Yahoo! spokesperson for the interview of the Wall Street Journal said, "Recently, at the headquarters we have not purchased a table tennis table, but the table tennis table is in the company and employees are enjoying table tennis," Google Said the table tennis table is "a part of the company and one of welfare benefits", but Intel has not responded to the interview.

in the past"FoosballThere are things called "indicators", and billiard tables are popular in the technology industry. However, when the boom ended around 2000, the table tennis table was evaluated because it is inexpensive and foldable than the billiard table, and attention has shifted to the table tennis table. However, although the table tennis table is more practical, there are few asset values ​​unlike the billiards table, so the disadvantage is that it is hardly money to sell it when folding the startup. The billiards table comes with some value when you put it in the auction at the end of startup, but the table tennis table which will enter the office for the first time when the startup expands its scale will end literally the role when the startup ends.

ByFreenerd