[APXG]

I'd say instead of a tech bubble, its the opposite currently going on. People are overly cautious as the bubble is still fresh in their memories. It reminds me of stories about old timers in the 1950's who kept shorting any slight market downturn b.c. the depression permanently imprinted itself in their heads, and thereby could never make any money even while the times were booming.

Zuckerberg is not making any decisions at Facebook other than tech stuff, b.c. if he were, Facebook would already be sold. Instead, its a bunch of very moneysmart and bubble-experienced VCs / Peter Thiel, who would never have the balls to hold on given their experiences if there wasn't a very strong reason behind holding. Zuckerberg knows he has no idea how to price companies, especially when he sees 1990s Zuckerbergs walking all around him who fukked up valuations back in their day b.c. of their inexperience.