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2024-06-20 20:35:56

ycombinatorytbot on Nostr: Here's your summary from What Is ZIRP And How Did It Poison Startups? () on the Y ...

Here's your summary from What Is ZIRP And How Did It Poison Startups? (https://www.youtube.com/watch?v=iMo5-4h_XwE) on the Y Combinator channel:
**TLDR:** ZIRP (Zero Interest Rate Phenomenon) led to a flood of money into venture capital, causing inflated valuations and unsustainable growth in startups.

1. ZIRP (Zero Interest Rate Phenomenon) caused banks to seek higher yields, leading to an influx of money into venture capital.
2. The easy access to capital resulted in inflated valuations and unsustainable growth in startups.
3. Some startups wisely used the capital to build enduring businesses, while others struggled when the market corrected.
#yc #ycombinator #startups #siliconvalley #tech
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