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A couple more for you: 4. Interest rates have been effectively zero for nearly a decade, making borrowing money cheap and also making getting a decent guarante
by mdorazio 9y ago
A couple more for you:
4. Interest rates have been effectively zero for nearly a decade, making borrowing money cheap and also making getting a decent guaranteed return on your money hard. The net result is more speculation in riskier markets like tech VC.
5. If you're looking for outsized returns, there are few industries outside tech where this is a real possibility these days, compared to in the past.
- jacobr1 9y agoAlso 5B - to the extent there is innovation outside "pure tech," it is probably being sold as a tech play. Ag-Tech, Fin-Tech, etc ... Consumer-tech is already just tech, as is enterprise-tech, industrial-tech. With the disintermediation of vertical supply chains, any supplier of technical innovation is a "tech" company. Tech companies operate in nearly all industries.
- abakker 9y agoPersonal Theory: The boom of tech in the "knowledge work" era has pretty much stagnated, but we're deep in the very promising world of merging digital and physical world via sensors, drones, self driving/autonomous vehicles, and AR/VR. A lot of the business that gets most effected by the physical world stuff has been the least touched by the knowledge worker focused stuff (Cloud, apps, etc.)
- frandroid 9y ago...you mean the Internet of Things?
- imjk 9y agoThe interest rate in Japan, in particular, is literally zero.
- deleted 9y ago[deleted]