[Aqueous]

Not sure if this is sarcastic or not. If it isn't, it's ridiculous.

If this is a bubble, it needs to burst (or, preferably but imaginarily, gradually unwind in a non-traumatic fashion) as soon as possible. That's why bubbles are bad - they're going to burst eventually. Better to do it when they're smaller than bigger. And the goal definitely shouldn't be to keep them going as long as possible by artificially sustaining them with more and more speculative money. (Gee, when has that happened before?)

And if it is not a bubble, Chris Sacca no longer investing in high-growth startups is not going to have any impact.