Re:Tech’s defiance of economic gravity came to an abrupt end
by laidoffamazon on Tuesday December 27, 2022 @01:54PM
(#34152270)
Yes, it's not great for lots of business models. But the dotcom boom happened when the effective federal funds rate was much higher than it is now.
I think (and perhaps I'm very wrong!) we'll settle back into a 2018, 2017 tech industry minus companies like OpenDoor rather than a early 2021 euphoria
I think (and perhaps I'm very wrong!) we'll settle back into a 2018, 2017 tech industry minus companies like OpenDoor rather than a early 2021 euphoria