3 ms·

Depends on which lens you look at. Is the world about to blow up? Most likely not. (Russia. unseen asteroid). Are things going to be more challenging over th

Depends on which lens you look at. Is the world about to blow up? Most likely not. (Russia. unseen asteroid). Are things going to be more challenging over the next 3-5 years compared to the last 3-5 years (less pandemic) yes. To your point, hopefully if we are out of the acute phase of the pandemic then in comparison things might be better than that last two years though we aren't going back to the 2010s era. If you work at a large corporation - probably stay on cruise control. As a founder / investor I would certainly be stretching out time lines and lowering expectations on favorable exits and if you are at a company without revenue I would be concerned. Macro environments have deteriorated rapidly - outside the fed stepping in (which would be even more concerning) unlikely to have great exits for awhile. Investors have also lost a lot of money recently so aren't likely to step in. Flight to quality ensues.. But yes agree, everyone does need to chill out in these uncertain times. The sun will rise tomorrow just like it did today.

boznz 4y ago
"unseen asteroid" - Wouldn't that just be the shit icing on the shit cake, though would be boom time in the space sector.
rmbyrro 4y ago
> Are things going to be more challenging over the next 3-5 years ... yes I'm sorry, but where you not watching the news in the past 2 years?
- bigDinosaur 4y ago
  It might not be the drunken night out that puts you in hospital, but the long term damage. We're going to be dealing with the consequences of the pandemic alone for the next decade. It's possible some things might turn out more positively than expected, but it seems sage to predict that it'll be bumpy even if so.
  - boringg 4y ago
    That and right before the pandemic we had a been in a very long bull market (frothy on cheap money) that bad companies were getting funded on huge rounds/due diligence was an afterthought. I wouldn't be surprised if we look back on crypto and are like, oh yeah the reason crypto took off and became way too snake oily was because there was too much money looking for returns over the last decade.

boznz 4y ago

"unseen asteroid" - Wouldn't that just be the shit icing on the shit cake, though would be boom time in the space sector.

rmbyrro 4y ago

> Are things going to be more challenging over the next 3-5 years ... yes I'm sorry, but where you not watching the news in the past 2 years?

bigDinosaur 4y ago
It might not be the drunken night out that puts you in hospital, but the long term damage. We're going to be dealing with the consequences of the pandemic alone for the next decade. It's possible some things might turn out more positively than expected, but it seems sage to predict that it'll be bumpy even if so.
- boringg 4y ago
  That and right before the pandemic we had a been in a very long bull market (frothy on cheap money) that bad companies were getting funded on huge rounds/due diligence was an afterthought. I wouldn't be surprised if we look back on crypto and are like, oh yeah the reason crypto took off and became way too snake oily was because there was too much money looking for returns over the last decade.