2 ms·
Banks are pretty chill about these things. I've been controller on something with a billion+ revolving facility myself. You can basically throw the entire anal
by Havoc 1y ago
Banks are pretty chill about these things. I've been controller on something with a billion+ revolving facility myself.
You can basically throw the entire analysis out on a single point:
>Case 1 (90%): OpenAI goes bankrupt. Return: $0
It won't be $0. Creditors have liquidation priority and banks make very sure they're confident in the quality of the collateral before handing out billion dollar facilities.