3 ms·
$3 billion per year isn't that much at that scale, it would still take them many years to burn through their estimated cash reserves. That is if they did nothin
by sqeaky 10y ago
$3 billion per year isn't that much at that scale, it would still take them many years to burn through their estimated cash reserves. That is if they did nothing and earned no money, but they earn something. They would have time to come up with a plan even if it were a backup backup plan that involved shedding a large fraction of the company.
If anything being public hinders options. Being private they can do a huge number of things public companies cannot, first and foremost is an IPO.