| ▲ | moralestapia 3 hours ago | |
It's still a big mystery to me how they were able to pull billion-dollar acquisitions while being one or two orders of magnitude lower in revenue. >inb4 leverage Yeah, I know leverage exists but still, you cannot go to a bank and ask them to help you acquire something 100x worth your cap. | ||
| ▲ | adw 3 hours ago | parent [-] | |
Leverage. They’re essentially an 80s style junk bond LBO house. | ||