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by zinekeller
919 days ago
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Side-effects of higher interest rates are usually drying up of "easy money" (low-cost loans). Combined with the fact that VCs had a sudden shift (due to the loss of "easy money") and are now actually evaluating whether a startup is actually viable before committing funding to it, it is not surprising that investors demand existing companies that are no longer viable to orderly wind up in order to have some money than the real possibility of losing it all. Docker is different: it has a name already so it can bleed a lot of money (à la Twitter while it was a public company) and there is generally a significant holding in large enterprises. I'm guessing that Notable didn't have significant notable enterprises using it that will make investors more relaxed with their red sheets. |
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