3 ms·
Aren't high valuations the definition of cheap money? If you can only raise some money in exchange for a boatload of equity, money is expensive rather than chea
by missedthecue 4y ago
Aren't high valuations the definition of cheap money? If you can only raise some money in exchange for a boatload of equity, money is expensive rather than cheap.
- 7speter 4y agoIn economics, at least, cheap money means loans with a low interest rate. I guess high valuations come with being able to borrow money for cheap.