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A comment on VCs are scared when they should be greedy. Parent comment

Re:VCs are scared when they should be greedy by cpursley on Wednesday July 20, 2022 @07:31PM (#32173800)
100% - when interest rates are over 5% and/or gas is over $5, the delivery startups are toast. The economics just don't work. Especially when people start cutting back on conveniences.
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Re:VCs are scared when they should be greedy by dmix on Wednesday July 20, 2022 @07:45PM (#32173952)
Are you sure people wont just pay 10-15% more for an Uber taxi or SkipTheDishes? Those have become staples of peoples lives. It take a pretty significant change to stop people from using them to the point where it’d be a failure (of course there will a subset of more price sensitive people, especially during recessions).
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Re:VCs are scared when they should be greedy by cpursley on Wednesday July 20, 2022 @08:23PM (#32174255)
$5+ gallon gasoline is a significant change for the normies budget. Especially with layoff clouds hovering above.
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