&gt; Surely the VC&#x27;s are performing their due-diligence and there are adults minding the store?<p>If your goal was to run a startup (not necessarily build a product, but just be a CEO of a startup), you just had to find someone with money more stupid than you.<p>I saw it happen before. Someone came with a silly idea for the company, managed to convince a few non-very technical people to trust them, and off they went playing SV CEO for a while.<p>If startups weren&#x27;t hot a few years ago, they&#x27;d probably be buying and selling subprime mortgages or other such thing.<p>Gotta wonder what is next in the pipeline. VC money is drying up I hear but money doesn&#x27;t like to stay put, wonder what&#x27;s the next bubble (genetics, robots, self driving cars, medical devices...)?