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> But the era of cheap/free money is just starting to end Don't think so, there's an absurd amount of money in the world, mostly owned by a few rich people, an
by ativzzz 5y ago
> But the era of cheap/free money is just starting to end
Don't think so, there's an absurd amount of money in the world, mostly owned by a few rich people, and rich people aren't just going to let it sit idle without trying to invest it in something.
- pydry 5y agoIf tech consolidates into 5 big corporate behemoths the same way the auto industry did for 60 years the VC easy money spigot could well dry up. Billionaires will find some other shiny baubles to throw money at. Maybe somebody will invent a new kind of real estate or biotech will explode.
- sdevonoes 5y ago> Maybe somebody will invent a new kind of real estate or biotech will explode. Which would require tech behind the curtains in order to innovate (I would dare to say that any real state or biotech company would need a "high" amount of "good" tech in order to disrupt the market... so these companies would, in essence, become tech companies).