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by Closi
248 days ago
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Also 5% would be a ridiculously low rate for this sort of corporate finance. You would expect more like 8-12% I think? Plus the post seems to only include 1 year of interest. Unless we know the terms, I don't think we can necessarily calculate EV from JP Morgan's perspective. I would say that they aren't usually carelessly giving away money though... They probably have terms where they can get out early if OpenAI's position weakens etc. |
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