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We had way more debt than venture financing in the pre-ipo days of DigitalOcean. Thanks Michael Dell!
by neom 1y ago
We had way more debt than venture financing in the pre-ipo days of DigitalOcean. Thanks Michael Dell!
- president_zippy 1y agoAs a shareholder, thanks for going the convertible debt route! I like the fact that the company became profitable but the call option component of the previous round of "senior convertible notes" expired out of the money. Comparatively speaking, I don't know why investors won't touch DOCN with a 10-foot pole, but I will gleefully reap my returns from dividends and stock buybacks when DOCN laps AWS in 20 years with better services maintained by better engineering staff.