Comment by snickerbockers

Silicon Valley has never seen a true bubble burst, even the legendary dot-com bubble was a minor setback from which the industry was fully recovered in about 5-10 years.

I have been saying for at least 15 years now that eventually Silly Valley will collapse when all these VCs stop funding dumb startups by the hundreds in search of the elusive "unicorns", but I've been wrong at every turn as it seems that no matter how much money they waste on dumb bullshit the so-called unicorns actually do generate enough revenue to make funding dumb startup ideas a profitable business model....