4 ms·

You don't know that those are the largest loans he was able to get. They might just be the largest loans he wanted to get.

• lkxijlewlf 5y ago
  But why? Why would this be the number he wanted?
  • jhugo 5y ago
    The loans have different risk characteristics than his equity stake, he balances risk by deciding how much of his own money to put in vs. how much borrowed money to put in. (There is no doubt a ceiling — how much of his own money he is able to put in — but there's no reason to assume he wouldn't invest less than that ceiling.) If you have enough cash to buy a house, you might sensibly still take out a mortgage, and you'll need to decide how much cash to put down as a deposit vs. how much to borrow. (The bank will likely set a lower limit for the amount of cash, but you might choose to put down more.) Someone could ask you "why did you choose that number", and you'd give a similar answer.
• hristov 5y ago
  Why would he intentionally put himself in a situation where there is a 21 billion shortfall?
  • jhugo 5y ago
    You don't know that there is a 21 billion shortfall. The source of funds for his intended equity stake is unknown to us at this point. It could be his imagination (especially given his history with the phrase "funding secured"!), or it could be something we are not aware of.