2 percent inflation over a decade cuts your 100x return to 80x. That would seem like it would move some needles on valuations and yet it doesn't. You need to co

2 percent inflation over a decade cuts your 100x return to 80x. That would seem like it would move some needles on valuations and yet it doesn't. You need to compare the 7 percent inflation to previous levels, but also to bond yields, equity yields, etc. I wouldn't be surprised if there was less money flowing into seed funds, but all that means is that your web3 app to see where the closest set of exposed nipples are might not get funded whereas in a lower yield environment, somebody may have taken a flyer. I'd be surprised if it caused a wholesale pivot away from unicorn hunting.