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Let's put things into perspective. The VC market raised 28 billion dollars last year [1]. Apple's market cap alone often goes up and down by this much on any gi
by dtnewman 10y ago
Let's put things into perspective. The VC market raised 28 billion dollars last year [1]. Apple's market cap alone often goes up and down by this much on any given month (or even day, occasionally). While this small segment of the financial system gets a lot of press (especially on HN), this is a tiny amount in terms of the overall capital markets. My guess is that if the same kind of bubble were present in the stock or fixed income markets--which are both many many times larger than the VC investment market--there would be much more hysteria.
[1] http://nvca.org/pressreleases/venture-capitalists-raise-5-billion-in-fourth-quarter-28-billion-for-year/ http://nvca.org/pressreleases/venture-capitalists-raise-5-bi...