No. Same people were "no bubble" 6mo ago. I've been solidly in the "actual value is being created by a lot of companies, mainly because tech (via startups) is

No. Same people were "no bubble" 6mo ago. I've been solidly in the "actual value is being created by a lot of companies, mainly because tech (via startups) is destroying existing monopolies", but that's less true of some. I think SF itself is probably a startup bubble and will correct, but it might just be a "go back to how things were a year ago", not a complete implosion. And the least bad way for this to happen is by sub-sector, like happened with all the shitty social buying apps a few years ago.