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Other people know more than me but the times are good now because the VC's are playing a ponzi scheme (or greater fool theory). Each VC puts in money simply because the valuation will go up and there would be another VC wanting in, willing to pay more. VC's have a lot of cash for whatever reason, low interest rate or Oil money. Hot take: this is not dissimilar to what is happening to crypto.

We developers are just part of this game, just incidental to the story. We are paid more simply because a lot of money comes in from top, not for some nonsense like we are "highly skilled" or the supply is less.

Yes I do believe that most of tech is a zero sum game, hardly any value is created.

Where does it end? It ends when VC's get bored of this game and move on to other things



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