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This is one of a few areas where having an MBA is actually useful. Interest rate risk and how things behave when interest rates are going up are good to know.

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Yet all of the MBAs at Silicon Valley Bank and working for Sand Hill Road VC firms were apparently blindsided this spring, not recognizing the risk and failing to take precautions.

Having huge layoffs when interest rates rise is the precaution. Their revenue didn't drop so the only justification would have to be (playing their cards in the wage increase/work from home tug of war) fear of not making payroll in a couple years if their debt laden customers did less business than before.

(I don't think big tech's revenue is going to drop, to be honest, because so much could happen before it stopped growing.)

You can also learn that by reading a book or two.

Yeah, but will you? Or do you need some sort of a structured enforced learning for knowledge to stick?

If you’re curious (many HN readers are) and have basic math literacy (ditto) once you come across the concept, grokking interest rate risk takes about an hour at most.

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