Ann: Placement of Shortfall Shares, page-8

even this rather depressing article about the tech boom in the states ends with the following:

"Gouw said she's still bullish on early-stage companies and is looking for companies with sound growth fundamentals that are led by entrepreneurs who are domain experts.
One area where she sees opportunity is the mobile ecosystem.
"The scale of opportunity with mobile Internet addressable devices is well over 10 [times] what it was even five or 10 years ago, and the rate of technology change is growing.""

http://www.cnbc.com/2015/09/11/bubble-may-claim-13-of-start-ups-in-a-year-vc.html

sounds like she should have a look at WAC.