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by dillondoyle
1773 days ago
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What's "cash"? A marketable security? I'm insanely poor by these standards but wealthfront will front me hard cash using my account as collateral with one click i think up to 30%. Super cheap interest rate. Bezos has way more favorable banking. Even if he was 'only' worth $10-15 billion I bet he could get 2-3 billion in hard cash overnight. He might not hold a lot of cash, but he doesn't need to he can get it immediately without selling. |
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Tons of private equity M&As have happened at much larger valuation.