This is not a bubble, I think a lot of people are yelling fire because they want to cool the market, but this is no where near a bubble. When the stupidest idea

This is not a bubble, I think a lot of people are yelling fire because they want to cool the market, but this is no where near a bubble. When the stupidest ideas are being funded after a meeting with 2 guys and a sketch pad, with no product and no company, then we are in a bubble. Wait until the Euro collapses and all that capital flight happens, then we may see a real bubble like the one we saw in the .com boom or worse the kind of money that hit the housing boom. I think the wise people in the Vally see the capital influx coming and are trying to cool the sector to ducks some of that capital. We have already killed the goose that laid the golden egg once before, I think we are just trying to ensure that we are not to attractive to the stupid money. There are fewer and fewer places for it to run to and tech is one of the last bastions, but it cannot sustain the kind of fiat capital that has been created, we are too weak in our recovery from the last exuberance. That being said, this is not a bubble, it can and has gotten a lot crazier than this. This is what healthy was before the bubble.