[vincefutr23]

- a company with 800m weekly actives is not going bankrupt

- existing models are profitable if cutoff future training and focused on inference

- debt is senior to equity

- if my life depended on one company not going bankrupt over the next decade I’d pick OAI over Citibank

- banks use revolving credit as a break even or loss leader for higher fee business

- high fixed cost businesses use debt and equity to scale

- lead investors would very rarely pay down the debt of an investment, that’s not the backstop

- unlikely for revolving credit, but a convertible structure could mitigate any perceived asymmetric downside