Word on the street(in SF) is that bozo investment firms like K9 are potentially ruining the whole the market by significantly skewing valuations; basically, the

Word on the street(in SF) is that bozo investment firms like K9 are potentially ruining the whole the market by significantly skewing valuations; basically, they don't know what they're doing. These firms are like that scene in Jurassic Park when Jeff Goldblum's character tries to distract the T.Rex and ends up getting thrown into the outhouse by it. You have potentially valuable companies like AirBnb, Uber, etc. but the whole market is being skewed by completely outrageous valuations for products like Snapchat or Lyft. I don't think it's intentionally malicious(by K9 and other firms) I think they think they know the value of these companies and that value is really high(in their minds) when it's really not. It's going to get worse and worse until pop. But the real ones will survive. The problem is it's going to affect investment in potentially viable companies in the future. Fool me once(2000), shame on you; fool me twice(2015), shame on me.