[drusenko]

Public companies seem to be coming back to earth, but I'm not sure that's the case for private companies. The valuations there seem to be just getting more and more outlandish.

On the other hand, if it's all VCs and funds of funds losing silly-money, then no harm no foul, I suppose.

[adestefan]

The problem will occur once the JOBS Act kicks in and anyone can lose their money. That's when the bubble will really pop.

[alex_marchant]

The effects always ripple, even from far away private financial sectors.