Inside the ongoing reckoning of tech’s startup model

As interest rates rise and money gets more expensive, the models some companies launched with or leaned into in recent years are collapsing under their own weight. Profitability has become all-important and the days of losing big money on a future bet of profits is all but gone. This New York Times article profiles the dilemma referencing companies grappling with the reality, including Zillow Group, Redfin and Opendoor.