VC Horowitz: I'll bet everything against dotcom-type crash in next 5 years

There are predictions regarding the stock market and the Santa Cruz / Bay Area Real Estate everywhere you turn, the questions is, do you trust the source. Recently Andreesen Horowitz (of Andreesen Horowitz Venture Capital Firm) had the following prediction: “I don't see a massive crash on the horizon like 2001," Horowitz said. "In 2001, Nasdaq lost 80 percent of its value. I'll bet any bubble believer everything that I have that Nasdaq won't drop 80 percent in the next five years." So if he is willing to bet "everything he has" on this prediction, there might be some merit.

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