[DeepThoughts]

Looks like somebody is trying to cash in their chips before the casino burns down.

Facebook is so massively overvalued that the only thing smart people can do is consider this period being close to the high water mark and get ready to get out while the getting is good. I don't think the swelling dot com bubble will be anything like the one at the turn of the century, particularly in the sense that I don't think many of these overvalued companies will actually fold, but I think it's safe to say that how ever it turns out, some folks are going to lose a warchest full of capital investment by the time this is done.

[hendzen]

I don't think facebook is overvalued. The bubble aspect of the current situation is due to the increased allocation of capital into the tech industry because of big successes such as Facebook, Groupon, LinkedIn, etc. The worry is that this infusion of capital will result in 'bad' companies getting funded.

Considering how many startups are being founded by MBAs these days (MBAs will always follow the money), you have to wonder if they are all really creating something worthy of their sky high valuations.

[alooPotato]

Curious to see if you know of any specific examples of recently founded companies that are:

1) Founded by just MBA's 2) Raised a lot (relative I guess) of money 3) don't pass your definition "creating something worth"