I was talking to a 25-year-old founder of a med-tech-health-tech startup yesterday who was just calmly eating his lobster roll with no fear or trepidation regarding the coming Fed rate hike. I realized why – the last time The Fed raised interest rates he was only 15. No wonder he was not in a complete panic! He hasn’t witnessed how interest rates affect the startup food chain
Can We Change the Rules of the Game?
Did you play Monopoly over the holiday weekend? The first time I played, I cornered the market on the fancy neighborhoods: Park Place and Boardwalk, that whole corner from Atlantic Avenue through Pennsylvania Avenue. I bought houses and hotels and saw the money come in, and my enemies (my friends and family) crushed, destroyed, and bankrupted.