VC bubble was a side effect of 0% rates and free money for 15+ years, no? High interest rates are making that impossible for the foreseeable future. I think nntaleb puts it right about this new era where "it doesn't rain money anymore" for revenue-less companies and real estate
I think the biggest stain that was left from this era is that it mixed the millionaires made from cash flow with the millionaires made from empty valuations, and now the two are inseparable
https://www.youtube.com/watch?v=fhuSM8JTSpU
I think the biggest stain that was left from this era is that it mixed the millionaires made from cash flow with the millionaires made from empty valuations, and now the two are inseparable