Money is sloshing around, and nobody wants to earn 2% on long term junk government paper.
That's the most concise expression of this thing I've ever seen!
I'd normally say the start-up bubble would continue until the next economic melt down dries up the funding, but the funding levels driving the start-up bubble are so low, it's hard to see what will slow it down short of government regulations (they're working on that).
So, arc you thinking the Bay Area is in something like a perpetual bubble? Sort of like Helium starting to move and "roil" weirdly near absolute zero, once things have cooled enough to let quantum effects come into play?
That's the most concise expression of this thing I've ever seen!
I'd normally say the start-up bubble would continue until the next economic melt down dries up the funding, but the funding levels driving the start-up bubble are so low, it's hard to see what will slow it down short of government regulations (they're working on that).
So, arc you thinking the Bay Area is in something like a perpetual bubble? Sort of like Helium starting to move and "roil" weirdly near absolute zero, once things have cooled enough to let quantum effects come into play?