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Re:Many VCs have stopped investing this year by mint2 on Thursday December 21, 2023 @02:15PM (#38725292)
I agree that most people bet that rates would not rise fast.

But it’s a classic case of wishful thinking to not consider that and instead act like the highly unusual period of rock bottom rates was a permanent fixture.

Rates were going to rise, it was always a question of when and how fast.

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