Higher Rates Will Lead to the Next Generation of Great Tech Startups
chamath.substack.com · 2,417 words · saved by 2 readers
Lessons learned from the past 60 years of technology investing may show what’s ahead as we enter a turbulent macroeconomic backdrop
Higher Rates Will Lead to the Next Generation of Great Tech Startups Lessons learned from the past 60 years of technology investing may show what’s ahead as we enter a turbulent macroeconomic backdrop Chamath Palihapitiya Jan 26, 2023 29 3 Share More than 13 years of zero-interest-rate policy in the U.S. has now come to an end. With sticky inflation, climbing interest rates, a focus on near-term cash flow, and potentially a looming recession on the horizon, the outlook for many technology companies appears bleak. In response, the risk appetites of U.S. VC funds have shrunk dramatically, with c
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