Y
Hacker News
new
|
ask
|
show
|
jobs
by
drevil-v2
222 days ago
It's a bond sale. They get preferential treatment in case of insolvency.
1 comments
ceejayoz
222 days ago
Sure, but they aren't insolvent until (at the very least) they
spend
that $43B on hand.
I don't forsee it happening to Facebook anytime soon, but companies going to $0 isn't unprecedented.
link
I don't forsee it happening to Facebook anytime soon, but companies going to $0 isn't unprecedented.