This year, the Federal Reserve's efforts to slow down inflation have been a disaster for shares of early stage businesses in a high growth phase. Less demand, plus a market worried that a recession could limit ad spending in general, has pushed the stock down 47% from the all-time peak it reached last year. There are a lot of ins and outs to consider, but higher interest rates will most likely improve profitability over the long run, and lending isn't this company's only successful operation.