Can't blame him(?), it's worse than the 1st bubble.
There was a lot of extremely overvalued web companies 20 years ago, but to me and due to their lower volume then, the current bubble is just insanity. It is clear to me that people just want to ignore reality because they're too invested and don't want to be "that guy". What is very worrisome is however they must have corrupted the system both legally and financially to sustain such an illusion that the foundation of not just ethical but also practical business is forever decayed. Once practicality is lost, is it officially everyone for themselves?
A line from the movie Coming to America (Eddie Murphy): "Fuck you, fuck you and fuck you. Who's next?"