Who cares about the short term cycles, as time goes by there is more and more money to be made online and ever increasing amounts of quality web companies being

Who cares about the short term cycles, as time goes by there is more and more money to be made online and ever increasing amounts of quality web companies being started. Those that stop investing will just miss out on quality companies. Sure the valuations may not be as crazy high but that didn't seem to be a bad thing a few years ago.