dvwcf

3 ms·

1. 1.▲
   by dvwcf 6mo ago

   "..is more of a function of cash flow potential " "more of". If you wanna finesse the discount rate by a few percentage points go ahead. Cash flows contribute more toward the end value number. in b4 some numpty writes ab
2. 2.▲
   by dvwcf 6mo ago

   Value creation is more of a function of cash flow potential on a project than the risk-free rate, cost of equity or cost of debt. "labour market is not perfectly allocating labour, but it is close enough for practical purposes." N
3. 3.▲
   by dvwcf 6mo ago

   Over hiring is one thing.. but that wouldnt be a problem if there was an endless stream of projects to take that are value creating. So the issue is not necessarily the over-hiring.. more that the large tech firms are running out of project