[jmanooch]

Everyone who says we are in a bubble should come up with a systematically better way to allocate capital.

Otherwise: shut up and fuck off.

Because for all the hullaballoo about poor allocation in X or Y [Combinator] or Z company being correct, the broader premise, that the market is working out good things to do with money, is clearly somewhat proven by Silicon Valley's last decade of spend: cheap, connected, actually smart smartphones; electric cars becoming affordable; affordable re-useable rockets. All of which are vastly humanly benign, as well as good ways to make money (not all of which do, but some do, i.e. phones).

So, pony up, or fuck the fuck off.

[effingwewt]

It's already been done, you're just too vehemently guarding your non-point to admit it. IPO. If these ridiculously over-valued companies ever went public, as stated MANY times in this discussion, they would get REALISTIC VALUATIONS, and come crashing back to earth quick, fast, and in a hurry. Companies are actively SCARED to IPO now, as it almost always means lower valuations once they have to prove feasibility, rather than convince rich people dumber than they to pony up the money. So how about come up with a cogent argument or GTFO?

-Also, good things with money? One words. THERANOS.

[shinryuu]

hello old friend :)