4 ms·
Yeah, start-upsnonly fail because of the interest rate hike and not because they are unsustainable businesses. But other sectors requiring serious financing are
by hef19898 3y ago
Yeah, start-upsnonly fail because of the interest rate hike and not because they are unsustainable businesses. But other sectors requiring serious financing are absolutely not affected... Not.
- Symbiote 3y agoØrested isn't a startup, it's a decades-old energy company which built the first off-shore wind turbines. It used to be called DONG, Danish Oil and Natural Gas.
- hef19898 3y agoAnd their projects still need outside funding. Funding which is impacted by inflation and intrest rates, expoaing the project, and hence the company behind it, to financial impacts the same way start-ups are: money all of a sudden isn't free anymore.