From a technical and product perspective, there are shortages everywhere and bottlenecks all around. The factories in the past weren’t prepared to scale up for the sudden surge in semiconductor demand. From an economic standpoint, big companies are starting to burn through free cash flow, raising funds, or swapping shares for cash to invest in new infrastructure. We’ve entered the mid-stage of the hype cycle—it’s time to be cautiously optimistic, not blindly all in. - Sent from the ocean, via Musk’s Starlink Starlink is awesome!