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It doesn't seem like the author of the original article knows what they are using the credit facility for, note the "maybe": This new credit line means two thi
by alpsgolden 11y ago
It doesn't seem like the author of the original article knows what they are using the credit facility for, note the "maybe":
This new credit line means two things. First, DigitalOcean is sill investing heavily in its infrastructure. Maybe existing users will get a performance upgrade with new servers replacing existing servers. Or maybe DigitalOcean will expand its product offering.
And if they have to take out a credit line simply to upgrade existing customers, without bringing in new revenue, that is bad news. That means they are losing money simply to maintain their current position.