4 ms·
> You've got investors who value your company at $10 billion, and they're ready to loan you $1 billion. […] You've got no plan for how to pay back that $1 billi
by eyelidlessness 5y ago
> You've got investors who value your company at $10 billion, and they're ready to loan you $1 billion. […] You've got no plan for how to pay back that $1 billion.
This suggests either:
- the investors [think they] know something you don’t know
- the investors are profoundly careless with their investment
- the investors don’t exist, this is completely implausible
- you’re actively misleading the investors about that paragraph, not just keeping your mouth shut
- michaelt 5y ago> - the investors are profoundly careless with their investment Sounds plausible to me. For example, consider WeWork - the CEO was literally buying office buildings with his shares, and having the company rent them off him. These investment funds are astonishingly careless.
- eyelidlessness 5y agoI’m having a hard time finding information about this in the sea of other WeWork drama, so I can only speculate. This sounds like it easily could overlap with one or more of the other categories I listed.