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AirBNB? They were flailing at the beginning of covid, taking a massive 2 billion loan at 10% APR to maintain cash flow. They laid off a substantial portion of t
by stu2b50 4y ago
AirBNB? They were flailing at the beginning of covid, taking a massive 2 billion loan at 10% APR to maintain cash flow. They laid off a substantial portion of their workforce, hunkered down, and it paid off - they went on to successfully IPO a year later, still in the pandemic.