Venture capital funding has led to many startups chasing rapid growth, even if their ideas could harm society. This can create big problems as companies scale up without considering the impact.
Most startups fail, but VCs invest in many hoping to find a few successful ones. This pressure for growth can push companies to make decisions that negatively affect their communities.
Founders should think about how their ideas might lead to negative outcomes at scale. It's important to consider whether every idea needs to become a billion-dollar business and what that means for society.
The Product Management bubble is bursting because the real economy and asset economy are becoming more disconnected. Investors were putting money into tech stories that weren't delivering real value.
After years of inflated asset prices, investors now require proof of value rather than just potential. This shift is leading to a tougher environment for tech and startups.
The rise of interest rates means tech companies can no longer just rely on good narratives without tangible results. Many jobs in the tech sector are at risk because of this change.