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All the easy money from QE is getting squeezed out. I suspect stagflation is coming up with mass layoff and hiring freezes. I am not sure what's the domino that
by ShivShankaran 4y ago
All the easy money from QE is getting squeezed out. I suspect stagflation is coming up with mass layoff and hiring freezes. I am not sure what's the domino that's going to bring down the entire market, maybe black rock maybe credit suisse.
My only regret is that I couldn't get funded in one of the most cash printed economy in the history of humanity. A testimony of how fucking stupid I am at pitching my startup
- deleted 4y ago[deleted]
- oski 4y agoDon’t be so hard on yourself.
- ShivShankaran 4y agoI am good at other things and my startup is flourishing. My point was humans have different strengths and weakness. Mine is pitching investors
- setgree 4y agoOn the bright side, if you had gotten funding, today you'd be A) working insane hours, and B) staring down the barrel of a meltdown that could easily kill your company. But I get it. Five few years ago, a woman friend and I were seated at a dinner with a VC who said her firm funded companies that were 51% woman-owned. To this day, that friend and I joke about what would have happened if she had just blurted out: "The two of us are starting a company actually! it'll be, uh, uh, Uber for dogs!?"
- aaaaaaaaata 4y agoCan I see your deck?
- alecco 4y agoTake it easy. Easy come, easy go. Focus on things that actually matter. Life is not short. Just don't waste it.
- altdataseller 4y agoI knew ppl who got funded and as part of the deal, pocketed a few $ million, no strings attached (I guess that's how much leverage startups had in getting funding). It really makes me angry because even if there's a downturn, they aren't negatively impacted. They made their $$$, and lost their investors money.
- weatherlite 4y agoThat usually happens for well established companies/unicorns. I don't think someone raising seed/A or even series B can just rake millions into his pocket when the company isn't even close to profitable. But maybe I'm just naive?
- altdataseller 4y ago1 of the cofounders of Buffer did that years ago. Got $1 million in his pocket at the Series A
- weatherlite 4y agoWow. Why the hell do contracts allow for this lol, that's crazy. Also - I think this is an American thing.
- flibble 4y agoThe strings attached were the equity they gave up in exchange for the deal.
- altdataseller 4y agoWhich probably will be worth $0
- heartbreak 4y agoSounds like that’s the deal the investors agreed to.