Except that as soon as this becomes conversational wisdom the market has reacted. The moment for a land grab pitch has passed. Let's be real and make some money.
Kinda makes me want to get a job, and raise money with a really strong team of bubble pop refugees once this bubble is over. Who is it that said the best companies tend to get founded after the bubble, and grow a lot/monetize during them?<p>Kinda makes me wanna do that. But not really.
I think this bubble is primarily fueled by central banks making money available to primary dealers basically for free. This is unlike the New Economy bubble where the money came from peons who invested in stocks. As soon as the central banks (the Fed in particular) step on the brake, it's over. Thus, lots of truth in what this guy says.
I agree.<p>Raise money. OK. Lets all do it - everyone in! Mark is a smart guy, and obviously right on the mark.<p>But please lets focus on businesses with a real business. Those will continue through the ups and downs.