Is the Venture Capital Bubble About to Burst?

The venture capital bubble is about to burst.  That's the premise of an interesting and thoughtful article by Tallat Mahmood, founder and managing director of SkyPanther Capital, in his TechCrunch article "The Tech Industry Is In Denial, But The Bubble Is About To Burst."  The article discusses the rapid growth in the number of venture-backed "Unicorns" - companies with valuations in excess of $1 billion, the rapid cash burn rate of many venture-backed companies, and how the low interest rate environment has created an asset bubble.  The article then defines and identifies the elements of a bubble, and uses Uber as a case study to argue that the bubble is about to burst.  It's a good article and worth a read.  Here's the link:
http://techcrunch.com/2015/06/26/the-tech-industry-is-in-denial-but-the-bubble-is-about-to-burst/

Note that we've been hearing about a venture capital bubble for a couple of years now.  Here are links to prior posts on the bubble.  A good place to start is my post in February of 2015:
http://www.allenlatta.com/allens-blog/are-we-in-a-venture-capital-bubble-more-thoughts

Other posts include my thoughts from April 2014: http://www.allenlatta.com/allens-blog/is-venture-capital-in-a-bubble
A post from March 2014:  http://www.allenlatta.com/allens-blog/fred-wilson-on-the-bubble-question
Finally, a post from April 2012:  http://www.allenlatta.com/allens-blog/tech-bubble-two-views