Having the capabilities to take on debt helps to garner investments.
You can do a joint venture, take on a bit of debt but get more money of it.
And we’ve seen many mega corpos finance their venture throught debt (see Uber business model).
So I’d say that it was true in the past, but corpos are getting bolder.
The point is that major shareholder will try to hide insider knowledge to sell their stock before a big crash.
They pump the stock value as much as possible and sell it before it crashes. They make a shit ton of money and some suckers are left holding the bag.
Because higher stock value means more collateral for debt.
You’d be surprised on how much debt is used in even small companies.
There was a meme going around a month or so ago of 5 AI companies jerking off, representing the circular financing that this article talks about.
From the moment these “investments” were announced, people were already raising flags about circular investments.
Back to fiefdom! You’ll work hard for your techlords or you’ll be starving.
The issue, as always, is that Plex started to put free existing features behind a paywall to squeeze more money out of their client base instead of adding something and charging for it.
VC money came in and now the VC wants to cash in on the investment.
Republicans are such pieces of shit. Bunch of fucking hypocrites.
All the fucking terrible things Trump has said and now the line has been crossed? They just try to slowly show that they were against Trump after all but still enabling him and his admin.
I hope they are not forgotten and dragged into the streets like the traitors they are. They made planet earth a worst place to be and they will continue to do so until the day they die.
I don’t know man, we gotta start somewhere
To make machines that you can have sex with.
If the apartment/house layout is good for the roomba, it is a great tool. It doesn’t replace vacuuming and floor washing, but it does reduce the dirtness on the floor.
It’s also market manipulation.
I don’t want so spend my career un-fucking vibe code.
I want to create something fun and nice. If I wanted to clean other people’s mess, I would be a janitor.