4 ms·
Netflix and WeWork are more pertinent examples tbh.
by Mindwipe 7y ago
Netflix and WeWork are more pertinent examples tbh.
- mrguyorama 7y agoI was not aware Netflix had significant debt.
- Mindwipe 7y agoNetflix is basically sticking $4 billion a year in bonds at this point. That's not necessarily a problem today. Debt is cheap. But they do have to slow that down at some point through lower spending or increased revenue, and if the cost of debt suddenly skyrocketed in the meantime, which is not impossible, that would be a big problem for them.