Hacker News new | ask | show | jobs
by cevaris 3496 days ago
Netflix is currenlty billions in debt, http://www.businessinsider.com/netflix-raising-800-million-i...
2 comments

Which needs to be put in the context of its 6.78B in revenue.
Debt in of itself isn't a bad thing. Apple has $79 billion in debt. Facebook has $3B in debt. Microsoft is $60B in debt.
They have debt because they don't want to move money from foreign accounts to the US so they borrow money to pay dividends, but they don't have net debt.