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subradios | 3 years ago

Doubt, those companies are in an even worse position - all the money that rushed in to fund them just got turned off.

The ones that will do well for the coming economic cycle are the ones that are the IBM/Oracle/Cisco tier.

Microsoft and Amazon have never had operating losses, not ever.

Google and Facebook did. But they are the product of a very blue ocean for their respective markets. The first people who did it will were going to absolutely clean up, and both of their current strategies are focused on finding the next market that works that way and get there first.

That business model isn't plausible in a high rate environment.

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