If anything it's even more glutted now. Which brings this to mind: http://news.ycombinator.com/item?id=38691 http://news.ycombinator.com/item?id=38691 "Today,

If anything it's even more glutted now. Which brings this to mind: http://news.ycombinator.com/item?id=38691 http://news.ycombinator.com/item?id=38691 "Today, there is $230 billion of private financing around private equity backed companies."