Yes. Why? Fundamental economics. Money is essentially free. People need to invest somewhere. The stock market is already over-valued. Gold and other commoditie

Yes. Why? Fundamental economics. Money is essentially free. People need to invest somewhere. The stock market is already over-valued. Gold and other commodities seem to be overvalued as well. It doesn't seem like the US will raise interest rates (that's what the market thinks ... see the 10 year rates on Treasuries). In theory, if you take money and make it somewhat productive (ala a hot-dog stand), you have improved things. However, start-ups are not like hot-dog stands. I think that a failed start-up produces less value than an average run hot-dog stand. A few startups are certainly creating value. But their valuation is being bid up by the hordes of people with cash to invest. Case in point. Facebook is not worth 50 billion. If Kevin Rose invests near this valuation, does he expect to get a x2 or x5 on his capital? Seriously?? Don't give me the "if each user was worth 10 bucks a year crap". Until FB figures out how to monetize in a scalable manner, I remain a skeptic. That's just my opinion :)