Evan Armstrong was a lead writer at Every who explored profit and power in technology in Napkin Math.
It Is Always Time to Build
Interest rates do not equal innovation rates
Jan 5, 2023 · 6 min readUpdated Jul 22, 2026
There are some dumb ideas online that I am compelled to correct. Like this:
delian@zebulgarIt's funny that there was exactly an 18-month period where interest rates were low enoughTo fundraise for as crazy of an idea such as space factoriesAnd we got enough funding that we're going to make the damn thing work now, irrespective of current ratesFunny funnyDecember 6th 2022, 1:54pm EST5 Retweets572 Likes
or this:
Jack Raines@Jack_RainesWe lived in an era of near-zero interest rates where we could have borrowed virtually unlimited money to fund cool stuff like high-speed rail networks, cancer treatments, and nuclear reactors.Instead we got the metaverse and monkey JPEGs.December 19th 2022, 9:47am EST2k Retweets14k Likes
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