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4. Finally, if valuations stay down, we might be in another golden age for startup investing (like '02 and '09). Remember that when valuations fall you are not just getting the benefit of buying into a potential Uber or Airbnb at a lower valuation. In this environment, Lyft &
VRBO etc. (basically the competition) get starved funding or do not get funded at all. So you have not only less competition doing dumb shit like selling $1s for $0.95, but you may have just less competition in general. Makes me want to do some startup investing but dunno how.
More info on Warongs: https://en.wikipedia.org/wiki/Warung More info on Zaky: https://en.wikipedia.org/wiki/Achmad_Zaky … More info on Bukapalak (which means "Open a shop" in bahasa indonesia: https://en.wikipedia.org/wiki/Bukalapak /end
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