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> The final, and perhaps most important, reason why Silicon Valley as we know it may be over is that its current incarnation is a product of the extraordinarily
by 627467 6y ago
> The final, and perhaps most important, reason why Silicon Valley as we know it may be over is that its current incarnation is a product of the extraordinarily cheap capital of the years since the global financial crisis of 2009.
Seems to be implying that cheap capital is ending? Isn't the narrative everywhere right now that capital will remain cheap (almost) indefinitely and one of the reasons why many fear inflation and money is rushing to wallstreet and sv-casino (SPACs)?