I can agree that there are opportunities both in busts and booms. However, nobody wants to be working on an over-hyped project. And it would definitely be hel

I can agree that there are opportunities both in busts and booms. However, nobody wants to be working on an over-hyped project. And it would definitely be helpful to know if you are. Even if your startup is solid, knowing the condition of the market is still important. For example, if there is a bubble, a profitable company might want to seek financing before it "bursts." You'll get a higher valuation, and therefore give away less equity. Sure, you shouldn't let worries about "bubble 2.0" prevent you from starting your company. But it'd be foolish not to try to learn from the mistakes made in the '90s.