Interesting juxtaposition of this post (at #4 on news.yc currently) versus the In Silicon Valley, the Crash Seems Like Just Yesterday post (at #3 on news.yc currently), because of this quote from the crash article:
"A lot of froth, especially if you mix in a lot of inexperienced people, that's a bad thing."
"A lot of froth, especially if you mix in a lot of inexperienced people, that's a bad thing."