You haven’t noticed a bunch of multi bil tech cos down 90% in less than a year?

Carvana is the poster child of zombie tech co that only made sense in a zero rate environment. Many others like it.

I see your Carvana and raise you a Klarna

I must be pretty out of the loop because these sound like new Pokemon names.

rates haven't been rising for two decades.

there's been a new reason for why "this time is different" for the past 2 decades.

The boom of the past two decades was fueled by low interest rates!

and before that it was the other thing. As I said, I'll believe it when I see it ;)

You're about to.

https://news.ycombinator.com/item?id=32928803

I mean a number of tech companies are declining in value. What would you need to see happen to consider them "in trouble"? More layoffs?

Well, there was at least one significant downturn during that time. Raising rates are causing problems. This isn't an apocalyptic prediction.

Well you can always test the market, it won't hurt anyway.