4 ms·
Startups in the valley were a thing well before low interest rates were even imagined. Interest rates change the landscape, but it's hardly a prerequisite.
by ska 3y ago
Startups in the valley were a thing well before low interest rates were even imagined. Interest rates change the landscape, but it's hardly a prerequisite.
- Apocryphon 3y agoSure, but this boom has been really driven by them. No one's clamoring for UHC/UBI, in contrast to cheap capital.
- ska 3y agoIt's always been cyclic though, cheap capital is probably a red herring. Agree UBI etc. idea is not that relevant.