here is the thing. there are good investments and bad investments. good execution strategies and bad execution strategies. i have no doubt that a lot of these companies will go belly up. happens in every new domain where there is a lot of uncertainty and FUD.

So the question is not: how does a company ... work out in the long run? the question is: which company actually does things in a sane manner and will survive to be a dominant player in the space once the dust settles?