> or if they're just using us to buy dollar bills for $0.97 This kind of thing confuses me. I've heard similar thoughts before, but as someone out of the loop,

> or if they're just using us to buy dollar bills for $0.97 This kind of thing confuses me. I've heard similar thoughts before, but as someone out of the loop, aren't investors still expecting a return on their investment? Sure VCs have high toleration of risk but they need at least one or two of their companies to make money eventually, right? If investors really are buying dollars for $.97 this seems like the best indication yet that we are in a huge tech bubble.