3 ms·
One of the interesting questions for me is how long this adaptation will take. I think there are a bunch of things that could make it pretty laggy. E.g., the fa
by wpietri 4y ago
One of the interesting questions for me is how long this adaptation will take. I think there are a bunch of things that could make it pretty laggy. E.g., the fact that so many execs have spent so many years in an unsustainable capital environment. Or the amount of VC money still sloshing around waiting to be applied. Or the number of VCs who basically built their careers on these kinds of unsustainable businesses. How many will be able to admit that their special genius no longer applies, and was in fact the cause of a lot of problems in the long term?
- coffeebeqn 4y agoAlso many companies are probably just praying that one set of layoffs and improving inflation will get them to the next era of easy funding sometime in 2024
- wpietri 4y agoIt's a certainty. 20 years ago there was a bumper sticker: "Please god, just one more bubble". [1] https://www.bloomberg.com/news/articles/2004-08-15/commentary-please-god-just-one-more-bubble https://www.bloomberg.com/news/articles/2004-08-15/commentar...