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The money was cheap because of COVID. https://www.brookings.edu/research/fed-response-to-covid19/ https://www.brookings.edu/research/fed-response-to-covid19/
by avree 4y ago
The money was cheap because of COVID. https://www.brookings.edu/research/fed-response-to-covid19/ https://www.brookings.edu/research/fed-response-to-covid19/
- piva00 4y agoMoney has been cheap since the aftermath of the 2008 crisis, it wasn't just COVID, it's been that way for more than a decade.
- darkwater 4y agoCovid made it dirty cheap but money was cheap before as well, or at least cheaper than it is now [1]. Anyway what I meant was that Confluent is not the kind of company that hired more because it thought that Covid changes in business where going to last forever (a la Shopify or Meta). [1] https://www.fxempire.com/macro/united-states/interest-rate https://www.fxempire.com/macro/united-states/interest-rate