A market crash is a great way to clean the space. As you say there has been a lot of shitty business models in the industry which have thrived during this bull period that were destined to dissapear. Market crashes only make those companies/projects that survive stronger for the next bout. It's going to be interesting to see which projects will still be going strong in the next economic cycle.
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The consolidation is not necessarily a bad thing. We can benefit from it since stronger projects will stand out.
Also teams will look to improve upon what failed.
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