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But we saved everything 🙂.
Higher interest rates are leading to a credit crunch and stricter underwriting standards, according to Meltem Demirors of Crucible Capital Group. Demirors also points out that the widening of spreads is part of this trend and questions whether there is disagreement that risk is now being repriced and shifted to different buyers.
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Demirors previously described the market reaction to Coreweave as excessive, noting the need for a pullback and further price discovery in the business model in a recent assessment. She has also observed strong revenue growth among AI companies in the B2B SaaS sector in separate commentary. These remarks add to Demirors' ongoing analysis of changing market conditions.