Veteran investors have been nervous on and off for several years about the risk of a potential bubble forming in the venture capital markets. That anxiety has been especially pronounced among VCs who saw their portfolio companies obliterated in the dot-com crash of March 2000.
Today those same industry veterans are increasingly vocal about the heightened risk of the market going through yet another sharp correction, drawing comparisons between 2000 and a hawkish Fed and the new wave of hyper-driven valuation increases.