[username223]

Pretty much:

> Editor’s note: Bill Maris is president and managing partner at Google Ventures.

Hold onto your wallet. Wall Streeters are moving to tech[1], as are retirement fund managers[2]. Bubbles only work as long as the Smart Money can profit by selling to more fools.

[1] http://www.nytimes.com/2015/03/25/technology/ruth-porat-goog...

[2] http://bits.blogs.nytimes.com/2015/03/23/daily-report-privat...

[vskarine]

Silicon Valley is the new Wall Street

[adventured]

And before it was the new Wall Street in 2015, it was once before the new Wall Street circa 1999, the Frank Quattrone era.

[rayiner]

Where do you think the money for VC funds historically came from? It's probably less Wall Street these days now that there is so much home-grown cash (Google Ventures being an example).