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Or if you think that you may not be able to raise this kind of money if the AI story goes down after all these IPOs
by sandeepkd 5mo ago
Or if you think that you may not be able to raise this kind of money if the AI story goes down after all these IPOs
- AndrewKemendo 5mo agoBoth of these tell the actual market position: 1. There’s real profit/value expected in pursuing the full automation of the labor market to the extent that the Board will approve large debts to known allies (BH) who only invest in long term infrastructure. So they are investing in more AI infrastructure with long term capital because they see the payoff in the long term. 2. That also means they aren’t doing market moving plays in public like selling corporate debt because they don’t want to be in the short term froth with a long term bet.
- ilteris 5mo agoThey already have shitloads corp debt. They don't want to over leverage.
- AndrewKemendo 5mo agoAgreed! Any public debt is going to be chaotic the next few years most likely
- JacobAsmuth 5mo agoNo they don't lol. Their debt to equity ratio is 0.19. For reference Berkshire is 0.18 and Microsoft is 0.25