Who are these reporters. Where is the analysis?

The paint with a broad brush trends at which they "tsk, tsk" without presenting the data, discussing what criteria constitute evidence of "bubbling", or demostrating overvaluation.

Consider:

"The chief evidence, according to industry experts and analysts, is the way venture capitalists and established companies are clamoring to give money to young companies, including those with only a shred of an idea. "

Which "experts and analysts"? ?All? of them? Do none dissent? How much of "an idea" is "as shred of an idea." Do they mean "only a shred of a business plan?"

I believe this meets the criterion for "a bubble of journalism."

Look out for Rupert: it seems the NYT has surrendereed.