[damonpace]

Word of Caution: The Dot-Com & Real Estate bubbles happened slowly and then all at once. When a bubble slows down, everyone says we're just going through a correction. The possibility of a complete crash is still there in the next year or so. Especially, since a mega-hit ($10b+ val) hasn't been created in SV in over 5 years. Investors need these mega-hits in order to justify the risks they take and there hasn't been a break-out started since 2010.

[crush_xc]

Snapchat?

[toomuchtodo]

Is SnapChat's valuation anywhere near inline with their revenue/profitability (or lack thereof)?

[damonpace]

Great company & example...however not SV & founded July 2011.

[dredmorbius]

Snapchat's value was its disruptive threat to Facebook.