This idea is significantly less dumb than many that have been funded (people like cute furry animals, so they're ahead of advertising-supported iOS app #213742 already). It's been 1999 for a while now. We're just waiting for the Fed to raise interest rates like they did from June 1999 through May 2000, with the killer blow being that last 50bp jump. Until then, you are cleared to party on.
>We're just waiting for the Fed to raise interest rates like they did from June 1999 through May 2000
doing it before elections changes the party in the White House, like in 2000 and 2008. So the question is what movie... err... president Fed would find more entertaining - Bush 3, Even More Dumber or Clinton 2, I'm Back, Baby.
With an election cycle lasting a full 3 years, it's always "before elections". The Fed is immune to lawsuits and the FOMC members cannot be removed from office no matter what. They have been given that independence for a reason, much like the Supreme Court justices (not that it's a good reason, but it's still a reason). If they aren't willing to use it, they shouldn't have it. It's long past time to normalize rates, and doing so will put paid to the VC mania just as it did 15 years ago. So be it.
It's a sad world in which people assume others will abuse animals. Ever hear the phrase "hurt me with that problem"? The state exists to put a stop to that kind of crap. Your job is to make money. Don't get caught up in things that aren't your problem.