Hacker News new | ask | show | jobs
by mulligan 1254 days ago
Meta has sold a single bond, in August of 2022. That isn't a pattern and it isn't enough for them to be "known to sell bonds to buy back stock"
1 comments

They got caught in the hype and lost a lot of money.

Apple has many times. I don’t know why this is suddenly a conspiracy that some mega cap tech firms used cheap debt to buy back their stock. It’s not. It’s actually the primary way that these companies hid dilution from investors due to employee stock comp.