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Comment by ceejayoz

5 days ago

Why risk your own money when people are lining up to risk theirs?

2 comments

ceejayoz

Reply

drevil-v2  5 days ago

It's a bond sale. They get preferential treatment in case of insolvency.

  • ceejayoz  5 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.

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