Facebook's valuation is not giant or crazy given its size and influence. Color's may be, but time has yet to tell. The bottom line: we are seeing some big valua

Facebook's valuation is not giant or crazy given its size and influence. Color's may be, but time has yet to tell. The bottom line: we are seeing some big valuations, but they're not universal. Most companies are getting an average of $6-10M in A-round funding. They're not doing IPOs without profitability, and institutional investment is proportionally small. That's why calling this a "bubble" is incorrect and irresponsible.