Are we inside a bubble?

Very interesting post by Brad Feld about technology cycles.

If you recognize that we are in a strong, positive, upward segment of the current “tech company creation cycle”, that’s more than enough. You should accept that we’ll be back in a downward part of the cycle at some point, but that we don’t know if it’ll be in a week, month, year, or decade. – I Encourage Entrepreneurs To Ignore The Word “Bubble”