[cameldrv]

There was a similar circular effect in the dot com boom around ads. VCs poured money into startups, which put the money into ads on Yahoo and other properties. Yahoo was getting huge revenue from the ads, which pumped up the stock price. The rising price and revenue, and hence stock price of Yahoo pumped up the market for other dot coms, as it proved you could make money on the Internet, so the market for dot com IPOs was strong. That drew more VC money. More VC money meant more ads.