>Well-capitalized companies rejecting debt is more of a Silicon Valley outlier in the global economy. IMO it's because CFO is treated as a second-tier C-suite

>Well-capitalized companies rejecting debt is more of a Silicon Valley outlier in the global economy. IMO it's because CFO is treated as a second-tier C-suite role in Silicon Valley and a lot of the CFOs are completely substandard as a result. A lot of CEO have the mentality that if the product and the tech works the money sorts itself out, so your CFO is already behind the CTO and the CPO.