Is this a joke?
Today there’s a funding bubble but there’s not as much of a liquidity bubble.
The only reason I didn’t throw my laptop across the room is the speaker of this brilliant quip had a nice smile when he said it. I had to assume he said this tongue-in-cheek. Kind of, “Let’s pull Arrington’s leg.”
On a related note regarding this comedy and the earlier Digg is worth millions Business Week story: lack of diversity, especially as regards women. It’s enough to make you cry. Even if it’s all smoke and mirrors, it’s smoke and mirrors that doesn’t even know that 51+% of the world exists.
The words make you laugh. The reality makes you cry.