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Re:Airbnb Files to Raise $850M at $30B Valuation on Saturday August 06, 2016 @10:46AM (#12238269)
Reasoning from whom? The interested parties won't tell the truth. In the cited period 1998-2001 Greenspan warned of "irrational exuberance", though he did not exactly do everything he could to stop the bubble either.

In reality, opinions from anonymous engineers who know what is being sold may be the best you can get.