• sunbeam60@lemmy.one
    link
    fedilink
    English
    arrow-up
    7
    ·
    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
      link
      fedilink
      English
      arrow-up
      1
      ·
      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”.