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by Parmenidea
908 days ago
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Honestly, yes. I had a deep skepticism of a lot of VC-backed moonshots/SPACs in 2021. However, it’s hard to deny that these moonshots were at least aimed in the right direction — way more capital going to EVs, biotech, quantum computing, etc. You get some frauds in the mix (Nikola), but it’s socially utile to have a few of these projects gaining traction instead of highly profitable zombies. ZIRP also seemed to be shifting investment tides toward green projects and away from oil. The new regime has allowed pollution to continue, and powered tyrannical governments like Saudi Arabia. |
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