Plenty of startups fit that bill and will nonetheless be impacted by SVB’s failure, while the most pointless businesses surf by on their founders’ access to inherited wealth and political power. Any revenge on them will be short-lived and will have serious, lasting consequences for middle class workers throughout the industry. For anyone reading this who doesn’t already know: startups aren’t all snotty trust fund kids making $300k+ selling AI deodorant on the blockchain.
As I said on another post this weekend, I’ll remember the comments I’m reading here for the rest of my life.
As I said on another post this weekend, I’ll remember the comments I’m reading here for the rest of my life.