Silicon Valley Asks What Happens If Tourist Investors Flee?

There’s a lot of cash floating around that may vanish if the going gets tough.

Silicon Valley is really hot right now—but not in the way you might think.
Private companies have witnessed a surge of investment over the past few years, but virtually all of the new money has come from “tourist investors” led by hedge funds and mutual funds, according to data compiled by PitchBook Data Inc. While venture capital firms have continued writing checks at a relatively stable rate, these tourists have been ramping up their investing, adding to existing investor worries that a bubble may be forming.
Read more here: http://www.bloomberg.com/news/articles/2016-10-19/silicon-valley-asks-what-happens-if-tourist-investors-flee