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ajkjk
on Sept 24, 2023
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Ways YC has changed in the last year
What is zirp?
jdougan
on Sept 25, 2023
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Zero Interest Rate Policy. Describes the US Federal Reserve interest rates for much of the last 20 years or so. Since interest rate to borrow is near zero, investing in very marginal businesses can be profitable.
ajkjk
on Sept 25, 2023
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Oh right. I just didn't know the acronym (and for some reason felt like asking instead of looking it up. Weird.)
steveBK123
on Sept 25, 2023
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The end of ZIRP is the reason tech has suddenly found religion on actually needing to make a profit...
Consider applying for YC's W25 batch! Applications are open till Nov 12.
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