> My thought relevant to HN is that either way this is likely to decimate venture capital and startups, at least in the short run.
Yeah, seemed like the IPOs were really getting going again, but I think that likely dries right up, too.
Unless you figured out how to materialize rare earths out of thin air, or spin up an automated factory in six months, it’s hard to imagine anyone will be looking to give you money.
It's already happening. Klarna canceled their IPO. So did StubHub. I think it's a safe bet that all planned IPOs have been canceled for the time being.
Yeah, seemed like the IPOs were really getting going again, but I think that likely dries right up, too.
Unless you figured out how to materialize rare earths out of thin air, or spin up an automated factory in six months, it’s hard to imagine anyone will be looking to give you money.