> “I was right. Tech companies are overvalued.” second-rate investors would say.
So anybody who thinks tech companies are overvalued are 2nd rate investors?
> That doesn’t mean you should agree to whatever terms early-stage investors give you.
If you’re not early stage, you don’t have this luxury when you’re running out of cash.
> A bubble happens when EVERYBODY loses when it bursts.
Not true. A bubble is a time when really smart people benefit.
> Massive capital influx is the mark of a healthy ecosystem.
And also a sign of abundance of cheap money (QE, zero interest rates).