Part of it is that regular people don't have a ton of exposure to this alleged bubbled. They don't have start up equity. Last time around the bubble caused the

Part of it is that regular people don't have a ton of exposure to this alleged bubbled. They don't have start up equity. Last time around the bubble caused the stock market as a whole to become overvalued. This time it's limited to mostly private companies. Someone invested in a mutual funds or index funds will have pretty little exposure. Sure Apple, Google, Twitter, and Facebook might lose some value, but those aren't a huge portion of a diversified portfolio. Even the first web bubble only had modest real impact on the general economy. It put the country into a shallow recession for a few quarters but that was it.