Re:Now live for all: Substack Notes
by te_chris on Tuesday April 11, 2023 @02:20PM
(#35529052)
ZIRP picking off its victims one by one
[ Parent
| on HN ]
You are not a victim in any real sense if they cut you a fat cheque first then take away the toys.
Re:Now live for all: Substack Notes
by spaceman_2020 on Wednesday April 12, 2023 @09:19AM
(#35539180)
Only victims are the pension funds and sovereign funds and HNIs who fund VCs. Everyone else made money. Founders made money at every raise, employees made money with fat salaries, users “made” money with fat discounts.
They got to make more than 0.00% return for the last 10 years, their only mistake (for those that made it) was thinking the party would last forever and trees would grow all the way to the sky.