HubrisCoin

Ed Zitron
4 min readJun 20, 2022

We stand now on the precipice of one of the darkest corrections I have seen in tech since I started by PR career in 2008 — a combination of a likely recession and industrial hubris on a scale that is only as bad as it is because of how good everybody thought it was. We are barely a quarter past a time when everybody was assuming that cryptocurrency valuations would only ever go up, and when startup valuations could never possibly come down, where companies received outsized funding rounds, only to lay off hundreds of people at a moment’s notice based on “bad market conditions.”

--

--

Ed Zitron

CEO @EZPR . British. 2x author, writer @thisisinsider , @TheAtlantic — Top 50 @bitech tech PR 4x — http://ez.substack.com — The BBQ Joker