Tech's Faustian Bargain: How Easy Money Unraveled the Sector's Future The tech industry's meteoric rise during the pandemic was a phenomenon of such magnitude that it seemed almost unstoppable.
Billions in investment, tens of thousands of new hires, and valuations that defied gravity were hallmarks of this era.
But beneath the surface, an unsettling truth lurked: easy money underpinning the boom was sowing seeds for a catastrophic reckoning.