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> The goal of this bet was to deflate the bubble conversation, and that seemed somewhat effective. Is it the bet which deflated the bubble conversation, or a d
by eganist 10y ago
> The goal of this bet was to deflate the bubble conversation, and that seemed somewhat effective.
Is it the bet which deflated the bubble conversation, or a deflation (or speculation of such) of the bubble itself? I ask because if you take a look at layman-accessible headlines or even some of the conversations which take place here, there's still quite a lot about the "downturn" in the bay. That alone's likely enough to get people to stop talking "bubble" even if the only downturn was in the rate of acceleration of growth, not in actual growth itself.
Still, I appreciate the bet for putting the focus on entrepreneurial efforts as a force of worldwide change rather than as a force of wealth creation.