| There's a bunch of options. One of the most obvious, as an investor, is to hoard cash now. When the bubble bursts, your dollar will go further; you'll get better valuations, companies will be more desperate, etc. As an entrepreneur, time to make hay while the sun is shining; raise cash now. Looking for hedge? Consider SF real estate. A big part of what's keeping it sky high is the proliferation of startups in SoMa, making living in the city an attractive option. If those jobs all disappear, I doubt there will be more than enough Tech shuttles to bring all those people back down to the valley - and the depressed labor market should lead to lower wages. I do think there's tremendous opportunity in the hiring space for a good startup, but I have no idea what that is. The "Bad Hire" risk is magnified for small companies... so if anything, that's something that does better in this phase of the business cycle, when hiring is high. |