A critical word in what I said was aggregate assets, and a critical word in yours was outlandish. Sure, the median venture investment will be overvalued, but f

A critical word in what I said was aggregate assets, and a critical word in yours was outlandish. Sure, the median venture investment will be overvalued, but for it to be outlandishly overvalued would imply that it's unreasonable even within its asset class. That's a strong claim to make with next to zero data given that people with a wealth of data and a track record of making sense of that type of data obviously disagree.