The Business Times

Nick Martin

The era of low interest rates kept the cost of capital cheap and stoked a culture of excess and extreme liquidity, with private equity and venture capital funds taking the lead in looking for returns on investments. This led to too many startups raising at arguably inflated valuations; creating the perfect conditions for a crash.

Unicorns versus cockroaches 

Startup founders need to get scrappy – the time has come for a more resilient entrepreneur to scout out opportunities from the...

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