Here's the lede they buried:

>The key is to not be one of the investors whose wealth is destroyed in the process of bringing on progress.

They are a VC group. Financial folks. They are working largely with other people's money. They simply need not hold the bag to be successful.

Of course they don't care if its a bubble or not, at the end of the day, they only have to make sure they aren't holding the bag when it all implodes.

They have "capital" in their domain name. Of course they're going to be, well... on the side of capital. This shouldn't be hotly debated... "Mining company says mine they own is full of ore and totally not out of ore."