All the easy money from QE is getting squeezed out. I suspect stagflation is coming up with mass layoff and hiring freezes. I am not sure what's the domino that's going to bring down the entire market, maybe black rock maybe credit suisse.
My only regret is that I couldn't get funded in one of the most cash printed economy in the history of humanity. A testimony of how fucking stupid I am at pitching my startup
On the bright side, if you had gotten funding, today you'd be A) working insane hours, and B) staring down the barrel of a meltdown that could easily kill your company.
But I get it. Five few years ago, a woman friend and I were seated at a dinner with a VC who said her firm funded companies that were 51% woman-owned. To this day, that friend and I joke about what would have happened if she had just blurted out: "The two of us are starting a company actually! it'll be, uh, uh, Uber for dogs!?"
I knew ppl who got funded and as part of the deal, pocketed a few $ million, no strings attached (I guess that's how much leverage startups had in getting funding). It really makes me angry because even if there's a downturn, they aren't negatively impacted. They made their $$$, and lost their investors money.
That usually happens for well established companies/unicorns. I don't think someone raising seed/A or even series B can just rake millions into his pocket when the company isn't even close to profitable. But maybe I'm just naive?
My only regret is that I couldn't get funded in one of the most cash printed economy in the history of humanity. A testimony of how fucking stupid I am at pitching my startup