4min chapter

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(Bonus) Vibe Shift (?) Twitter (Also ?) With @anildash

Techmeme Ride Home

CHAPTER

Is the Reset Coming?

The reset has come largely because of macro conditions that have changed and largely that the cost of capital and money now is much higher. I think there's also the change in political wins, right? Because if we sort of carry through the Uber story, Uber is never made by it. It's never been almost just it. And so to say, if you get far enough ahead of regulation and you make a big enough bet, you can take a lot of wins off the table before the hammer comes down. Arguably the same thing happened in crypto. There ought to be some point where when you're getting this much well for yourself, you've created some value for society and done something

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