Not only Infinite growths, but infinite money. Since at least 2008, money was almost free for tech companies and somehow nobody cared, that they never made any profit - Twitter had like 2 profitable quarters in its entire history.
Now that interest rates went up, investors want to see results and if you can’t burn through venture capital anymore, you have to get money somewhere else.
Not only Infinite growths, but infinite money. Since at least 2008, money was almost free for tech companies and somehow nobody cared, that they never made any profit - Twitter had like 2 profitable quarters in its entire history.
Now that interest rates went up, investors want to see results and if you can’t burn through venture capital anymore, you have to get money somewhere else.