ekZepp@lemmy.world to Memes@lemmy.mlEnglish · 1 year agoWise onelemmy.worldexternal-linkmessage-square36fedilinkarrow-up1682arrow-down112file-text
arrow-up1670arrow-down1external-linkWise onelemmy.worldekZepp@lemmy.world to Memes@lemmy.mlEnglish · 1 year agomessage-square36fedilinkfile-text
minus-squareRefurbished Refurbisher@lemmy.sdf.orglinkfedilinkEnglisharrow-up8·1 year agoThat’s due to VC money drying up because of the US Federal Reserve raising interest rates. Operating at a loss is no longer profitable, especially in the short term.
That’s due to VC money drying up because of the US Federal Reserve raising interest rates. Operating at a loss is no longer profitable, especially in the short term.