I am much further removed from the "startup frenzy" of the early 2010s, but does it seem like this model has trended downward since the start of lockdown? As o

I am much further removed from the "startup frenzy" of the early 2010s, but does it seem like this model has trended downward since the start of lockdown? As optimism about the pandemic rises, it seems like the innovation that you would expect from this kind of volatility never panned out. I suppose capital was pumped into the public market instead?