'We're in a Bubble'
Sam HAS to play down the fact that we are in a tech bubble. He is, after all, a venture capitalist, so do note the conflict of interest here.My friend referred me to this Bill Gurley article [1]. My metric for whether there is another bubble is not so sophisticated. I feel that there is a bubble when celebrities (like sports personalities) begin investing in questionable startups [2][3]. Harkens back to the '99 bubble.Edit: Before you bring up Ashton Kutcher, a single data point does not a trend make. But yes, we've been in a bubble long before he began investing actually.[1]: http://abovethecrowd.com/2014/01/24/on-bubbles/[2]: http://www.vanityfair.com/news/2016/04/kobe-bryant-silicon-v...[3]: https://e27.co/boxing-champion-manny-pacquiao-throws-his-hat...