Well, MAGMA (Microsoft, Apple, Google, Meta, Amazon) is unaffected and will continue to survive this decade. All those unprofitable startups that were racing to the IPO finish line in 2019 are now in trouble and need to make money and show that they are turning a profit rather than running themselves into the ground.
Looking back at this wild prediction [0] it seems like I'm ticking most of the boxes in the 2020s. Let's see if these recently IPO'd companies of 2019 and 2022 will survive from now to actually make money.
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Well, MAGMA (Microsoft, Apple, Google, Meta, Amazon) is unaffected and will continue to survive this decade. All those unprofitable startups that were racing to the IPO finish line in 2019 are now in trouble and need to make money and show that they are turning a profit rather than running themselves into the ground.
Looking back at this wild prediction [0] it seems like I'm ticking most of the boxes in the 2020s. Let's see if these recently IPO'd companies of 2019 and 2022 will survive from now to actually make money.
[0] https://news.ycombinator.com/item?id=21627809