Is there a bubble in the tech/startup/web business scene? Probably not, this is where we're at with modern day services and business making use of modern infra

Is there a bubble in the tech/startup/web business scene? Probably not, this is where we're at with modern day services and business making use of modern infrastructures and newly developed technologies. Is there a bubble specific to San Francisco / Bay Area startups? I would assume so, granted all it takes to run a startup is a sensible business plan, talent, and an office space. There's a lot of factors at play. Advertising and data mining analysis seems to be fueling the value of services like WhatsApp/Facebook. SV has attracted a lot of talent because it's a great area to live around, there's plenty of fresh blood from the good schools in the area, and SV is where a lot of big companies have set up shop. There's always been charlatans and swindlers in the business world, and there will be many interesting innovators to come. There's an excessive amount of cash flying around [1]. It's not a tech bubble, it seems like a San Fransisco/Silicon Valley real estate bubble. [1] https://xkcd.com/980/ https://xkcd.com/980/