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by devops000 1606 days ago
Totally agree. I think this crazy belief about raising money as a priority was driven by the low interest rate environment and broad acknowledged success of big tech. With lots of money every body wants to find next Google and are willing to invest. At the same time, having a loss company is not anymore a shame, it’s a success because also AMZN was unprofitable.

I really hope in next years, with higher interest rate, financial markets downturns will bring attention to profitable and bootstrapped companies.

1 comments

How does a low interest rate affect investment? In the end you still need to return the principle so is the idea that it just offers you smaller loan payments (ie. More time for your investment to succeed)?
> How does a low interest rate affect investment?

More capital is looking for returns and is effectively willing to take more risk (like funding VC startups) to find those returns since “safe” investments return almost nothing.