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I like that better than anyone who can take endless free money loans with little concern because of zero or negative interest rates can play “VC”. I can easily
by SV_BubbleTime 4y ago
I like that better than anyone who can take endless free money loans with little concern because of zero or negative interest rates can play “VC”.
I can easily name a dozen companies and technologies that massively changed the world from 2000-2010 (not saying for better, but undeniable), what have we really developed that didn’t exist in 2010-2020 in this era of Free Money and “Unlimited Potential”?
Hypothetical question.
From my view, I’ve seen VCs come in and use capitol to build up people with good intentions or ideas, and immediately get them absorbed into the giants who are also throwing away endless free money even if their business model is awful.
I’m not looking forward to hyper inflation. But I am looking forward to a slower tech market that actually has to provide something useful in order to stand out.