So does this mean that although $Bb valuations sound like we're in a bull market...

ilzmastr on Sept 24, 2015 | parent | context | favorite | on: The Risk of a Billion-Dollar Valuation in Silicon ...

So does this mean that although $Bb valuations sound like we're in a bull market, it really means we're in a bear market where investors prefer downside protection over a larger share in the upside?