Dare Obasanjo on Nostr: The tech bubble that people have been expecting to pop since the dotcom crash finally ...

The tech bubble that people have been expecting to pop since the dotcom crash finally popped this year. The list of startups getting acquired for pennies on the dollar, doing down rounds or simply running out of cash grows every day.

The sad truth about any economic situation is that if it looks too good to be true then it is. This crash was harder than expected since even profitable big techs laid of tens of thousands.

https://www.theinformation.com/articles/the-unicorn-fire-sales-ahead