Didnt it dry up due to the interest rates hike? No more cheap money. | Hacker News

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		rvba on Nov 11, 2024 \| parent \| context \| favorite \| on: The business of gutting failed Bay Area tech compa... Didnt it dry up due to the interest rates hike? No more cheap money.

potato3732842 on Nov 12, 2024 | [–]

The interest rate hikes are just the cherry on top in this particular space.

alephnerd on Nov 12, 2024 | [–]

Interest rates played a role but not significantly.

Renewables (IRA), Battery Tech (IRA), Hardware (CHIPS), Defense (CHIPS), and AI/ML became better investments in the 20-21 period.

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