Money, money everywhere -- but no place to park it: "The latest firm to raise money is Cupertino's Bay Partners, which has just announced a $290 million fund. There have been several other funds raised lately, which we haven't mentioned, including Morgenthaler's $458 million fund announced earlier this month. " —SiliconBeat

Let me take this opportunity to say that the first offer of $20M at a $20M pre for Bubble 2.0 takes it.