If a handful of YC companies are truly asking for a $9M or 14M pre... as rumors are flying around in Silicon Valley state... Then, I could see why VC's might say that the market is overpriced and frothy. Especially, since 6 months earlier, those same startups were priced by YC at a $300k pre.

No doubt YC has a phenomenal brand, and does a great job, and has had a couple of impressive rounds raised recently by AirBnb and DropBox.

But, there's a huge segment of the startup ecosystem that doesn't really show up on HN.

MassChallenge is graduating 125 startups next month. Their last batch, last summer has raised $100M in total.

Angel List has helped over 700 startups get funded in the past 18 months.

Startup Chile just seed funded 125, and opened applications open for another 100 startups today.

Then, there's 500 Startups, IO Ventures, RockHealth, AngelPad, StartX, BlockBox, TechStars, etc... And, a number of those startups have raised really impressive rounds, but they don't tend to get the local blog coverage or coverage here on HN.

Who knows... Here's hoping things slow down a bit.