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A comment on Y Combinator Traded Prestige for Growth. Parent comment

Re:Y Combinator Traded Prestige for Growth by cherryteastain on Monday September 30, 2024 @01:40PM (#41699873)
> It seems to me that there was an early '10s milieu that enabled YC to behave like it did.

Definitely, it's called ZIRP and QE.

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Re:Y Combinator Traded Prestige for Growth by stackskipton on Monday September 30, 2024 @05:22PM (#41702283)
I think so many questions about “Why did business X operate like this in 10s?” Is answered with that statement.

So much was funded on economic smack high. A few sobered up and a ton bottomed out bad.

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Re:Y Combinator Traded Prestige for Growth by raydev on Monday September 30, 2024 @07:25PM (#41703171)
It didn't hurt that there was also a burgeoning new computing platform that everyone and their grandma was buying into for the first time.
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Re:Y Combinator Traded Prestige for Growth by wyclif on Thursday October 10, 2024 @11:50PM (#41805903)
Yes, because ZIRP and QE are deflationary policies: they reduce the amount of interest paid by the government.
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