The media is atwitter with word that venture capital investment in the first quarter hit $9.5 billion — the highest since 2001. Great news! Now we can all ring our hands and talk about bursting bubbles!

Why do concern trolls wring their hands about bubbles? Bubbles are an inescapable reality of our economy. They blow up, they burst, and then they blow up again — usually in new places.

Image: Private Airbnb Studio in San Francisco near Ocean Beach (Photo credit: Kevin Krejci) 

To read the original article: Why Venture Capital Bubble Is Years From Bursting