• lightrush@lemmy.ca
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    1 year ago

    Interest rates. Money isn’t free anymore. It’s still not super expensive but it’s 5x more expensive than what it used to be since 2008.

    • sunbeam60@lemmy.one
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      1 year ago

      This is the answer. The age of free money is over and now we are seeing the effect; rampant inflation and high interest rates. The chickens come home to roost, always.

      As a result, the burn rate and runway is starting to be factors in all businesses that aren’t making a profit.

      • mnrockclimber@lemmy.sdf.org
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        1 year ago

        Yep, VCs are unwilling to just fund any old thing hoping they’ll hit the lottery right now when money is “expensive”.