[lmg643]

somewhat off topic - it seems like there is a bubble in biotech. Something like 70% of the companies in the nasdaq biotech index have no earnings (losing money!) yet the index is up ~5x in the past few years. echoes of 2001 tech bubble and 2007 real estate bubble.

it does get irritating to hear about "uber as a bubble." Consider how much cash is flowing through uber right now, it is going to become/remain a massive business.

[vskarine]

good point, but I think it's burst going to be relatively contained. My gut feeling it will not affect much since not many other industries are feeding off it. (I could be completely wrong here)

Tech on other hand is a different beast. It's bigger and a lot of things are feeding off it (real estate and online ads for example). If tech bubble bursts, it's effects can reach a lot further.