On Bubbles … And Why We’ll Be Just Fine (bothsidesofthetable.com)

One of the most important charts in that article is the valuation range. How often do you see a VC give specific numbers for valuations? The direct link is: http://bothsides.wpengine.netdna-cdn.com/wp-content/uploads/...

But you should read all of it (or watch the video of the speech, which is more or less the same content).