Re:California tech startup once worth $1B shuts down
by CyanLite2 on Saturday August 30, 2025 @09:12AM
(#45074347)
The bubble years did some really bad things to folks.
They were made to believe that money was free and would be free forever. Just think, if you were a kid in the Bay Area from 2006-2021 you knew nothing but free money with ZIRP.
Fast forward to today. These kids are now startup founders and they have a warped view of the world. ZIRP is over and simply pitching VCs isn't a viable business strategy anymore.
They were made to believe that money was free and would be free forever. Just think, if you were a kid in the Bay Area from 2006-2021 you knew nothing but free money with ZIRP.
Fast forward to today. These kids are now startup founders and they have a warped view of the world. ZIRP is over and simply pitching VCs isn't a viable business strategy anymore.