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For Tech Companies, Years of Easy Money Yield to Hard Times

The New York Times – Business:

Rock-bottom rates were the secret engine fueling $1 billion start-ups and virtual attempts to conquer the physical world. But in 2023, reality bites.

David Streitfeld
Author: David Streitfeld

This post first appeared in The New York Times – Business. Read the original article.

Written by

David Streitfeld

in

Books and Literature, Carvana Co, Computers and the Internet, E-Commerce, Real Estate and Housing (Residential)
←You Quit Your Job, but You’re Still Miserable. Now What?
Tech Layoffs Continue as Shares Fall and Interest Rates Rise→

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