Really? lol.

Tech firms should always have a buffer and never get too close to the optimal debt ratio.

I think they have learned a lot re. what happens if you are asleep at the wheel now.

> Really?

Yes. Their competition is deploying debt and Google has low leverage. They also have $100+ billion cash on their balance sheet.

> Tech firms should always have a buffer and never get too close to the optimal debt ratio

...why is this especially applicable to tech firms? (Or a tech firm like Google?)