That particular metric means nothing. People like me saying there's a bubble means basically nothing, because no VC is actually listening to my opinion. Just li

That particular metric means nothing. People like me saying there's a bubble means basically nothing, because no VC is actually listening to my opinion. Just like most commenters on here saying there isn't also means nothing. But, there may (or may not) be a bubble going on despite this. Ultimately whether it is viewed as a bubble in 10 or 20 years depends entirely on whether enough investors get burned and burned big enough that they stop investing, just like what happened in the early 00's.