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Andy Rachleff on SVB, how to evaluate VCs, market pull indicators, Wealthfront, and more | E1699
This Week in Startups
The Speculative Asset Bubble
There were 120 PC companies that were started. There were just a hundred disk drive companies. Each of the components was a company Mary ships modems you had haze the modem so it was almost as if you took the iPhone apart and each one of those was a startup. The interest rate bubble is more about sentiment than anything else. When there are events that lead investors to think that companies are going to do worse the market goes down. It's really as simple as that now there are different companies do poorly and well in different market environments.
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