12 ms·
Well, the root cause is likely the interest rate hikes but the proximate cause is that the economic environment has become drastically worse in the last ~6-9mo.
by ZephyrBlu 4y ago
Well, the root cause is likely the interest rate hikes but the proximate cause is that the economic environment has become drastically worse in the last ~6-9mo.
Tech stocks are down a ridiculous amount and funding for startups is now much harder to come by. Probably other factors I don't know about as well.
- ChuckNorris89 4y ago>Tech stocks are down a ridiculous amount Any idea why that happened? Were they overvalued and the bubble finally burst? For stocks like Netflix I understand why, that's obvious, but for the rest, I'm kinda scratching my head.