I don&#x27;t think we will see a .com bubble style &#x27;crash&#x27; but it seems increasingly certain that the screws are going to get turned on startups that can&#x27;t sustain themselves without constant injections of cash from investors.<p>There is a knock on effect too in where the risks aren&#x27;t entirely understood. For example think about mobile&#x2F;web analytics companies. Tons of their revenue comes from other unprofitable companies that are propped up by VC cash. Even if the web analytics company is doing well in their own right there is a huge hidden risk with the business model of such companies since a big chunk of their revenue comes startups propped up elsewhere with VC cash and that cash is about about to start drying up really quickly. In other words a lot of companies that think they are doing well are in reality just also propped up with VC cash indirectly.<p>In short, the tide is going out and we&#x27;re about to see who&#x27;s been swimming naked.