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> ZIRP led to all sorts of unsustainable businesses...The company needs to recapture some of that value to remain in operation. Absolutely 100% agree with all
by jcgrillo 2y ago
> ZIRP led to all sorts of unsustainable businesses...The company needs to recapture some of that value to remain in operation.
Absolutely 100% agree with all of this. VC money got real silly for a minute there, like actually investing dollars on the basis of github stars, but now the party's over and it's just about hangover time. A similar thing happens when you inject a bunch of temporarily abundant food into a closed ecosystem. You get a big spike in population growth followed by a really bad time.