It's not even close. I've been told that at the height of the Dotcom bubble, companies received investments for simply having ".com" in their name. That's where we're headed.
I think we are close to the top, how much worse than this can it get?
Everyone has realized there's crazy mania, and so now everyone is capitalizing on it. In a few months, the number of projects to fund will no longer be smaller than the amount of money being put towards funding.