3 ms·
I think you are conflating a few things. The premise of your question is wrong in a few places, but overall I will just say inflation is still trending down. S
by legitster 4y ago
I think you are conflating a few things. The premise of your question is wrong in a few places, but overall I will just say inflation is still trending down.
Still, looking at the current situation, I think all founder should posit a few things:
- Long term: the age of venture capital is going away. Gone will be the days when there is free money to throw at longshots on profitability. Your ideas will increasingly need to bootstrap themselves.
- Short term: STOP SITTING ON SO MUCH MONEY IN CHECKING ACCOUNTS! Spend the money or at least hire a treasurer for crying out loud!
- gumby 4y ago> Long term: the age of venture capital is going away. Oh please. The VC market operated just fine when interest rates were high (as in over 18%). You might of heard of a few venture backed companies from back then, such as Intel, Apple, Cisco, Sun, Microsoft…
- davidkuennen 4y agoI'm guessing the VC market was much more strict then, since you had a way higher risk if a startup didn't turn a profit. Probably did a lot more due diligence then.