Comment by _heimdall
2 years ago
Tech companies aren't cash flow businesses, though IMO they should be. When debt is cheap tech leans hard into pre-revenue funding. Now that interest rates are more reasonable tech companies have to actually show a profit, and most don't know how.
> Tech companies aren't cash flow businesses
Most actually are. It's just that the big ones tend not to be, and there are lots of startups that want to look and act like the big ones.
Yep that's totally fair, I could have clarified here. I was specifically thinking about the VC world in the context of this threat and would expect any tech companies interested in VC money would fall into the bucket of those big (or aspiring to be big) tech companies.