The question is, how does this current bubble end? Not when, but how? What constitutes a bubble? For me, I can clearly see we’re in a bubble economy when relatively more money is chasing relatively few good ideas

The question is, how does this current bubble end? Not when, but how? What constitutes a bubble? For me, I can clearly see we’re in a bubble economy when relatively more money is chasing relatively few good ideas. When the conversation turns to Uber for “x,” you can tell there we’re out of ideas, that people are basically just trying to iterate and get lucky. — John Markoff, The Next Wave.