Let alone startups - the higher interest rates are hurting everyone across the board. For example in my world - Telco Infra and MSPs which did a lot of Capex sp

Let alone startups - the higher interest rates are hurting everyone across the board. For example in my world - Telco Infra and MSPs which did a lot of Capex spend in light of 5G deployments aren't able to keep up with the interest rate hikes putting pressure on repayments for cash raised for the spectrum auction spend and the like. 5G FWA may be in the industry news, but there hasn't been a killer application that has allowed for revenue growth to match those payments. Only way to handle that has been layoffs.