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Credit rating agencies braced for US downgrade amid political stalemate
- ericd 15y agoNot strictly hacker news, but the implications of this are potentially large enough to affect nearly everyone.
- rdl 15y agoI'm curious how this would specifically affect startups, VC investment as an asset class, etc. All the uncertainty in the short term would be bad for financings I think, but in the long run would it affect VC LPs being willing to meet capital calls? Would it affect the M&A market (sometimes financed by debt, but not so much anymore) or IPO market?