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It feels like Boom is a product of the zero interest rate frothy market, where there was lots of money chasing “disruptive” technologies, which breeds not-so-go
by avidphantasm 4y ago
It feels like Boom is a product of the zero interest rate frothy market, where there was lots of money chasing “disruptive” technologies, which breeds not-so-good ideas. In particular, Boom seems to have attracted investment because it purports to solve a classic rich guy problem: how to fly overseas a bit faster, but at a price premium. They still have some momentum from the zero-interest rate environment, but how long can that last?