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Thanks for summarizing the info. But only 12-15 months? What do they foresee is going to change then, just adaptation to the new market realities? From what I

Thanks for summarizing the info. But only 12-15 months? What do they foresee is going to change then, just adaptation to the new market realities? From what I understand we're likely to enter a prolonged recession.

scarface74 4y ago
The economy is not the stock market. It’s bad for non profitable startups because VC funding is a Ponzi scheme where they fund startups hoping they can exit by selling their investments to the “bigger fools” - retail investors - after they and the investment bankers/underwriters take advantage of the initial “pop”. When the public markets are skittish, VCs are going to be holding the bag.
petercooper 4y ago
The longest recession in the past 80 years was about 18 months (2007-2009), but most were in the 8-10 month zone. I imagine once you're almost a year into a recession you're going to be able to get a better feel for it and change tack if needed, though, if you're prepared to weather longer.