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Well, sure; if you want to define it that narrowly. "Blue is only Pantone™ 292. The sky is not Pantone™ 292. Therefore the sky is not blue." It's awfully self-
by rosser 13y ago
Well, sure; if you want to define it that narrowly. "Blue is only Pantone™ 292. The sky is not Pantone™ 292. Therefore the sky is not blue."
It's awfully self-serving for pmarca to deny the existence of a bubble. Leaving aside the question of whether or not there is a bubble, how much does he — personally, nevermind a16z — stand to lose if people were to start behaving like there's one?
- argonaut 13y agoI would go on a limb and argue that a16z stands to gain if people start behaving like there is a bubble. Much less competition from angels and other VCs. Much better valuations for them.