Hacker News new | ask | show | jobs
by hildaman 1536 days ago
This is just the beginning. As we see easy money dry up, we are going to see a lot of unprofitable startups go belly up.
2 comments

Exactly. Cheap debt is not so cheap anymore, so VCs are going to stop steam rolling all their asymmetric bets.
I am sure the VCs will be flush from their ponzi scheme investments in the Web3 space.