Pretty interesting seeing how many things were being propped up solely by venture capital and are now shutting down as it dries up.
A lot of these businesses had a lot of hubris because they'd survived a surprisingly long time, but they never made any money. Now that you can get 5.5% in a money market fund, why put the risk into a bunch of high risk businesses that are likely to fully collapse anyway?
A lot of these businesses had a lot of hubris because they'd survived a surprisingly long time, but they never made any money. Now that you can get 5.5% in a money market fund, why put the risk into a bunch of high risk businesses that are likely to fully collapse anyway?
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