Re:Many VCs have stopped investing this year
by Andrex on Thursday December 21, 2023 @08:43AM
(#38720280)
I'm honestly struggling to see a downside. Less "innovation"?
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Re:Many VCs have stopped investing this year
by kridsdale1 on Thursday December 21, 2023 @10:52AM
(#38722024)
Less chat apps that simply say “YO”
Re:Many VCs have stopped investing this year
by octacat on Thursday December 21, 2023 @12:01PM
(#38723114)
nooo, chat apps are good (developing an open source XMPP server)
Re:Many VCs have stopped investing this year
by Parmenidea on Thursday December 21, 2023 @10:53AM
(#38722052)
Honestly, yes. I had a deep skepticism of a lot of VC-backed moonshots/SPACs in 2021. However, it’s hard to deny that these moonshots were at least aimed in the right direction — way more capital going to EVs, biotech, quantum computing, etc. You get some frauds in the mix (Nikola), but it’s socially utile to have a few of these projects gaining traction instead of highly profitable zombies.
ZIRP also seemed to be shifting investment tides toward green projects and away from oil. The new regime has allowed pollution to continue, and powered tyrannical governments like Saudi Arabia.
Re:Many VCs have stopped investing this year
by rm_-rf_slash on Thursday December 21, 2023 @10:35AM
(#38721748)
Fewer VC-funded hyper growth companies means a smaller pool of experienced developers to hire from for other ventures.
Not the end of the world here but worth accounting for some of the silver lining of zero interest rate policy.