The good news is people raised a lot of money in the last two years. The bad news is that if they can cut expenses, they can take their cash balances and go till i've heard estimates of some of the healthier ones having 24 months of burnc are amazing. But once you start to approach it, all kinds of bad, weird things happen inside these companies. That's a great story to watch for many reasons.
In this episode, Felix and Mihir discuss stories they will follow this summer. These include the fate of neobanks, credit conditions in the United States, a major advance in AI, as well as changes in income inequality. Plus, Mihir makes a major prediction how founders will spend their time now that the stock market has imploded.
Our predictions: https://www.lapecorabianca.com/ and https://www.airalo.com/