The point is not whether or not there will be a downturn. In any sector, there will be a downturn ... eventually. That's just capitalism. (And it could be trigg

The point is not whether or not there will be a downturn. In any sector, there will be a downturn ... eventually. That's just capitalism. (And it could be triggered in the short term by something like the small reasons you mock - it is merely not wise to bet your shirt on one or the other being the exact proximate cause.) The point according to OP is that the start-up scene has become soft and flabby, and lean times, whenever they arrive and for whatever reason, will toughen it up - and for those who can survive the initial chill winds, lower costs of labour, real estate etc will provide a boost.