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But money has not been cheap for a while now so this is interesting. And yes, if you can do something more profitable with it, borrowing is always smart no, reg
by altmanaltman 4mo ago
But money has not been cheap for a while now so this is interesting. And yes, if you can do something more profitable with it, borrowing is always smart no, regardless of how cheap it is?
- Den_VR 4mo agoIt’s a matter of perspective. Cheaper to borrow today than in the years 1969-2005…
- altmanaltman 4mo agoLiterally doesnt matter. The baseline for tech is the zirp era of 2010s. Over time borrowing costs and rates have gone up. The ecosystem was very different pre zirp era and comparing is kind of pointless.
- kevin_thibedeau 4mo agoThe current tech frontier requires capital expenditures on a scale they've been systematically avoiding for 25 years because pure software was easy money. The interesting thing is how they're all trading paper amongst themselves with made up valuations and what blows up when the music stops.