Re:I'm Not Convinced the AI Bubble Exists
by wildmXranat on Monday November 09, 2026 @07:57AM
(#50424970)
The founders doing well is not mutually exclusive to the overall crash as experienced by the public. Also, a lot of founders are doing well even before they take on a venture. 8/10 founders from successful high growth startups self report as middle to upper-middle class background and 50%+ have elite education from top 10 schools.
You're right, the broad market drags down all retirement savings and those who are about to hit the age of 60+ pay most dearly.
The after effects were that it was virtually impossible to raise capital for a while afterwards, so the next round of founders struggled. But then interest rates went to practically zero and money got cheap so it was all good.