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TLDR: Venture capitalist claims the tech sector is not in a bubble.

• david927 10y ago
  Exactly. To be fair, it's pretty hard to remain objective in his spot. If he spent a year anywhere else in the world, doing something different, he would certainly have a different perspective. But that's fine. He should feel the way he feels about this. I was going to make a similar bet but in the other direction. My instincts say that 90% of the companies mentioned would be out of business by then and the remaining in the "still-going-but-not-relevant/MySpace" category. The coming Tech Winter will be devastating to the unicorns, precisely because so much is expected from them. But I don't want to be one of those people. A community is built by people supporting each other, up or down, Tuesday or Wednesday. Maybe Sam is right and maybe I am, but at the end of the day, let's innovate and let the future unfold how it will.
• kaonashi 10y ago
  "Bubble" is a bit of a loaded word. It implies both overvaluation and general instability; but these things aren't necessarily linked.
• pj_mukh 10y ago
  Flip side: Journalist writes article with 'bubble' in the title.
• spinlock 10y ago
  It's not a claim. It's a bet with $100,000 backing it.