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by ohthatsnotright
971 days ago
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Startups are not a low interest rate phenomenon. I bet the average small business would be considered a startup in terms of revenue, potential growth and employee headcount. What is a low interest rate phenomenon is the unicorn growth strategy and dump trucks full of cash going in to stupid businesses that don't really have a path toward solvency but have really nice marketing. |
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Will also be impacted due to higher interest rates on their credit lines. Perhaps not as much but still.
> dump trucks full of cash going in to stupid businesses that don't really have a path toward solvency but have really nice marketing
That's what I meant by startups though. Startups that aren't doing that are just regular small businesses.