“There’s always an upside. When stocks go down, bonds go up. When any hamster-based startup can raise $50 million on a $1 billion market cap, there’s not much market for new ideas. Why bother, when the same-old-stuff can make you rich. But when the bubble fades, it’s time to get creative. Because tech will reboot. The question is, what’s the next wave.”

Dave Winer.