[physicsguy]

Interest rates have an effect too, Uber and Airbnb were starting in a much more fundraising friendly time.

[Der_Einzige]

High interest rates are supposed to force the remaining businesses out there to be profitable, so in theory, the startups of today should be far faster to profitability or they burn out.

[physicsguy]

True, but it makes it much more difficult to get started in the first place.