When startups received large amounts of funding during ZIRP, it often led to a lack of innovation, as companies began to rely on spending more money rather than improving their products or services.

The influx of capital during ZIRP caused many venture capital funds and family offices to dramatically increase their investment rates, as they had more money to manage and distribute.

A common misconception among founders is that raising money will magically solve all their problems. They may believe that their investors will save them from failure, which leads to a lack of critical thinking and preparation for ongoing challenges.

Once interest rates began to rise again, many investors who had entered the startup space during ZIRP exited quickly, leaving behind a volatile market.

The ZIRP era saw an explosion of unicorns, with companies achieving billion-dollar valuations at an unprecedented rate, which diluted the rarity of such valuations.

During the zero interest rate period, many founders believed the favorable conditions would last indefinitely, despite warnings that the market would eventually correct itself.

During the ZIRP period, banks had to find places to invest their money, leading to a surge in venture capital investments as they sought higher yields.

The analogy of subsidized corn illustrates how easy access to money during ZIRP led to a proliferation of ideas and projects that may not have been viable without such funding.

The perception that everyone else is successfully raising funds creates a warped reality, making founders feel isolated in their struggles.