[alrs]

VC money has flowed freely because interest rates have been low, so capital had nowhere to go.

Interest rates are going up in June, so there is going to be less VC money.

[brianwawok]

Really? How much interest rate does it take to change things? Someone will invest in foobar.com social toaster app over putting in a savings account based on savings rate going from 1% to 2%?

[walterbell]

Your example would be a 100% increase in cost of capital, which would be .. significant.