[antonioevans]

To plenty of us in the tech field a successful Facebook IPO would have opened up a path for other tech business to IPO in the near term. On top of that a successful IPO would have opened up some funding in our hacker space (Paypal Mafia/Google Mafia..etc). We want them to be successful.

[malandrew]

Kind of true, but I'm wondering if there is more to be gained in Silicon Valley by deflating and delaying the pop of the bubble a year or longer or by prompting a string of tech IPOs that will line the pockets of engineers that can fund many startups several years later after the pop. As someone working on a startup now and looking to move from bootstrapped stage to seed stage, I'd rather see the bubble deflate now. Lining the pockets of a Facebook Mafia and several other "mafias" doesn't do me and others like me a whole lot of good in the near to medium term.

[brazzy]

Seems to me it's a very good thing none of that happened. The VC scene was already pretty damn irrational and dysfuntional, and in sore need of some unpleasant reality injection.