Are VC's and Entrepreneurs the next crash?

Are VC's and Entrepreneurs the next crash?

Well we are almost over the .bomb era, we have all taken our lumps and are ready to get on to the next new new thing, but is it there? Does the cleanup have a few more steps to take before we can say we are ready to start again. The number of VC companies with large amounts of cash ready to spend and the large number of professional entrepreneurs seem to be out of balance with the true amount of innovation we can create. Is the last phase of the .bomb a massive shrinking of the number of VC's and entrepreneurs?