> Editor’s note: Bill Maris is president and managing partner at Google Ventures.
Hold onto your wallet. Wall Streeters are moving to tech[1], as are retirement fund managers[2]. Bubbles only work as long as the Smart Money can profit by selling to more fools.
Where do you think the money for VC funds historically came from? It's probably less Wall Street these days now that there is so much home-grown cash (Google Ventures being an example).
> Editor’s note: Bill Maris is president and managing partner at Google Ventures.
Hold onto your wallet. Wall Streeters are moving to tech[1], as are retirement fund managers[2]. Bubbles only work as long as the Smart Money can profit by selling to more fools.
[1] http://www.nytimes.com/2015/03/25/technology/ruth-porat-goog...
[2] http://bits.blogs.nytimes.com/2015/03/23/daily-report-privat...