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VC cash only seems like it's having a large effect on the world because you read Hacker News and work in Tech. The total value of VC investment in 2015 (the mo
by pembrook 10y ago
VC cash only seems like it's having a large effect on the world because you read Hacker News and work in Tech.
The total value of VC investment in 2015 (the most recent data I could find) was around 60 billion. The US GDP in 2015 was 18,036 Billion. I can assure you its influence on our economy as a whole is miniscule.
You're not wrong about the temporary "propped up" nature of our economy however. Except the cause is not VC money, it's low interest rates courtesy of the Fed.