[jrsj]

I'd definitely prefer this outcome but I have a feeling we're going to go right back to where we were before as soon as interest rates come back down. Big tech starts aggressively overstaffing again while VCs pour money into mostly useless garbage. I've been doing this for awhile now, mostly in the startup space, and I'm not even sure if VCs care if there's even a viable business there. It often feels like a legal way of running what effectively amounts to a ponzi.

[mjburgess]

sure, SPAC IPO = dump part of pump & dump

However, just as ponzi in fiance was culturally and legally pushed out --- i'd imagine it will now in tech.

I suspect regulation and cultural scepticism will arise which secures the next two or three decades against this, 'as a rule'