Submitted by Big-Cockroach-5986 t3_yhd240 in pittsburgh
war321321 t1_iudmct0 wrote
Reply to comment by bingosherlock in Anyone confirm if Fifth Season is shutting down their business? by Big-Cockroach-5986
Yep there’s a lot of cold feet in this investing world right now due to the political climate, Ukraine, inflation, etc etc. It’s not the golden age of investing like it was a few years ago
Willow-girl t1_iuhjzya wrote
I also wonder about the viability of a lot of these business models and whether investors got all razzle-dazzled with the 'tech' aspect.
I mean, take something like food delivery -- if there was actual money to be made there, don't you think stores and restaurants would have been delivering their goods all along?
Throwing an app into the mix evidently makes it sexy enough to warrant investment, but ... color me unconvinced.
I think the next couple of years are going to see a lot of these ventures go belly-up ... in fact, it has the potential to be the next crash.
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