Of course we don't have enough entrepreneurs. People talk about the "tech bubble" all the time, and that's a debate you can have, but that's always related to

Of course we don't have enough entrepreneurs. People talk about the "tech bubble" all the time, and that's a debate you can have, but that's always related to social web sites. We really don't have enough entrepreneurs, because entire industries (healthcare and education are two good examples) are lagging and not taking full advantage of today's technology. So yes, perhaps Instagram could have been overvalued (or any other big acquisition for that matter), but that only emphasizes how much progress we need to make in other industries.