this post was submitted on 07 Jun 2023
579 points (100.0% liked)
Technology
1928 readers
7 users here now
Rumors, happenings, and innovations in the technology sphere. If it's technological news, it probably belongs here.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yep, it's this. Despite how it seemed in the 2010s investor capital is not free money. Investors want it paid back many multiple times over and they'll risk destroying the underlying product if necessary.