Will 2016 Be The Year Of The Unicorn Apocalypse In Silicon Valley?

Paul Glader, in a Jan 16th post on the Forbes/ Leadership blog, quotes from a discussion we had with the Berlin School of Creative Leadership during a November workshop, where I said:

There will be an event in the next six or 12 months where a major company doesn’t hit earnings or stumbles in another way.  Everyone runs for the doors when that happens…

as part of a longer discussion on Silicon Valley boom/bust cycles, conserving cash during difficult fundraising times, and how strong companies survive.

We are probably at the top [of the cycle] here again.  It scares the crap out of me.  But it probably will be good for those who want to buy real estate here in Silicon Valley…

Paul was generous to include me alongside Jessi Hempel [Wired], Brad Burnham [Union Square Ventures] and Jason Calacanis [angel investor].