Startups get more VC funding in a low rate environment, as money chases deals in search of yields. I've seen many silly startups funded this way, as well as "burn cash to grow" outfits like Uber and Tesla.
That's bad for innovation overall and our economy in the long term. It's probably the best time to be a founder looking for a quick exit though. Easy funding and lots of buyers willing to pay a lot.
Aren’t these two points contradictory? When acquisition opportunities are plentiful, people are more likely to start/invest in companies, leading to more innovation and development, no?