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