I am wondering what will happen once private funding source diminishes. When it becomes way harder to raise money in private market, then over valued yet-not-pr

I am wondering what will happen once private funding source diminishes. When it becomes way harder to raise money in private market, then over valued yet-not-profitable startups will have two choices: 1) go dead, or 2) try desperate hard to go public. Then, we can really start talking about the crush. Guess 2016 could be 1999 all over again? Smart founders may already see this. They might already have started to control burn rate, working hard on get real profits. At the end of the day, the survivors will shine.