"Two of the world's leading tech investors have warned the new wave of tech companies and their backers are taking on risk and burning through cash at rates unseen since 1999 when the "dotcom bubble" burst.
http://www.theguardian.com/technology/2014/sep/16/tech-bubble-warning-investors-dotcom-losing-money
Bill Gurley, partner at Silicon Valley-based investor Benchmark, sounded the horn of doom on Monday warning that "Silicon Valley as a whole or that the venture-capital community or startup community is taking on an excessive amount of risk right now."