Alströmer: Post-2020 easy capital killed startups that otherwise would have succeeded
Gustaf Alströmer · The Right (And Wrong) Way To Spend Money At Your Startup · Y Combinator · Feb 12, 2025 · at 27:12
Y Combinator partner Gustav Alströmer discusses the fallout from the 2020–2021 venture funding boom and its distortion of startup operating discipline.
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“It's very clear that, that what happened in those two years after summer, 20, 20 hurt companies. Like, it was much worse than just, like, more of the same. It hurt companies that otherwise would have been successful, because they would have had a level of discipline that was forced upon them, which they now didn't have to have.”
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