3 ms·
Sad thing is that the defectors are clearly the short-term winners in that case. Long term, the purchasing power of the Valley will be diminished and financial
by startupsfail 4y ago
Sad thing is that the defectors are clearly the short-term winners in that case.
Long term, the purchasing power of the Valley will be diminished and financial services disrupted. This might result in substantial disruption of businesses and cascades of business failures. Which may in turn affect defectors. But this seems to be the only negative feedback loop.