Borrowing money isn’t cheap any more. The venture capital’s that have been propping up these platforms have decided the risk is now too high, and they’re trying to extract as much of their investment as they can, by any means necessary. I think the venture capitalists see a major recession in or near future, and our battening down the hatches.
Agreed. I just can’t figure out the reason(s) they’re doing it though.
Borrowing money isn’t cheap any more. The venture capital’s that have been propping up these platforms have decided the risk is now too high, and they’re trying to extract as much of their investment as they can, by any means necessary. I think the venture capitalists see a major recession in or near future, and our battening down the hatches.