As Dalton & Michael have discussed before, ZIRP stands for “Zero Interest Rate Policy” which refers to when the Federal Reserve sets interest rates around 0% and banks were able to borrow money for almost nothing. This phenomenon had a profound impact on tech throughout the pandemic and many companies are still readjusting. In this episode, Dalton & Michael examine how to know whether your company is recovering from a bad case of ZIRP (aka Zirpes) and how to know if it may be time to leave and do something else. Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs Chapters (Powered by https://bit.ly/chapterme-yc) - 00:00 - Coming Up 00:30 - Intro 00:42 - What is Zirpes? 02:03 - Executive turnover 04:30 - Returning to office 07:30 - Vanity projects 09:37 - Benefits 13:45 - Lifestyle 16:08 - Summary
The long awaited follow-up to their original tarpit ideas video, Dalton and Michael dispel some misconceptions about what a tarpit idea actually is and how it applies to current technology trends like artificial intelligence. Don't get stuck! Chapters (Powered by https://bit.ly/chapterme-yc) - 00:00 - Intro 00:29 - Tarpit 2.0 02:47 - Key Factors 04:18 - Technology & Historical Factor 05:18 - X for Y 06:16 - Current Technology 06:54 - Artificial Intelligence 08:48 - Changing Behavior 10:09 - Arbitrage 12:40 - Takeaway 13:40 - Outro