Right. Tech startups have projected cashflows relatively far into the future. Applying a discounted cash flow analysis on far out cashflows with a 0.08% versus 4.58% risk free rate leads to significantly different results.
It is amazing how impactful the tuning of an interest rate by a central bank, a single float, is.
It is amazing how impactful the tuning of an interest rate by a central bank, a single float, is.