Lina Khan has done more to kill the startup market than anyone else in the world. But it's okay because she's making sure there's enough competition in the market for mid-range luxury handbags.
No, what killed the startup market is that people now have to pay for money. There is a whole lot of junk people are willing to do when money is effectively free.
When people have to actually pay for money, all of that crap goes out the window.