"Heck, even I’m concerned when I see companies like SecondMarket holding public auctions for Facebook stock, driving the price ever higher..."

Ah, nice a cleverly rephrased 'blame the speculators' argument, ignoring the fact that all stocks are speculative in nature. Also, the Pets.com reference felt lazy.

I'm really noticing a pattern with TC articles and a feedback loop on HN, they basically just milk a subject until the comments die down and then once the comments begin to show a new popular consensus they're quick to hop on that. Reminds me a lot of Fox News. He barely even covers the topic his headline implies the article is about--whether we are, or aren't, in a bubble currently.

The article is mostly about himself. Funny when a journalists favorite subject is himself.