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Didn't oracle take out real loans and spend real dollars based on this commitment?
by lumost 8mo ago
Didn't oracle take out real loans and spend real dollars based on this commitment?
- dragonwriter 8mo agoWasn't it always an expectation, not a commitment? If they didn't appropriately account for risk that the expectation would not pan out, well, that's on them.
- lupire 8mo agoHow do you account for the risk of something that has ever happened before?
- quesera 8mo agoIn the standard risk assessment and mitigation manner: imperfectly, but with the best information available at the time.
- dragonwriter 8mo agoI dunno, but if someone is saying they expect to spend a vast, unprecedented sum of money acquiring an interdependent set of resources that current production could not come anywhere close to accommodating in multiple dimensions, and which money they don’t have and aren’t making in their current operations so that it would also require unprecedented fundraising on top of the other issues, you’d probably want to do some work to verify the plausibility before putting your own resources at risk for the chance of profiting from that spending spree. Extraordinary claims and all.
- Yizahi 8mo agoThe bankruptcy couldn't happen to nicer company.
- deleted 8mo ago[deleted]