What to do if a bubble is starting
Bubble? I feel like people who are claiming that we are in a startup bubble weren't really around in the 90s. Guys were getting paid $100/hour to do HTML. Just HTML. Literally just HTML.The excess was mind-boggling. In contrast, today it just seems like lots of investors have found a good way to pump money into a reasonable risk pool and extract value. Seems fairly sustainable.In the 90s, companies were doing IPOs and their shares were skyrocketing from public investment. For the most part right now it's institutional investors who are a lot more qualified than John Q. Public.