3 ms·
Yeah, but borrowing it would fall under the "going from $0 to $1MM" part.
by st3v3r 10y ago
Yeah, but borrowing it would fall under the "going from $0 to $1MM" part.
- efaref 10y agoIn terms of net assets, no it's not. It's going from $0 to, say, -$50,000 as now you owe interest.
- st3v3r 10y agoBut in terms of having money, it is. You now have $1MM to do stuff with, whereas before, you didn't. That $1MM can be put to work, or used to buy better tools or hire better employees. That's something you couldn't do when you had no money.