| ▲ | s1artibartfast 2 hours ago | |
So they dont care about it? How is that relevant? If I have 5% of a company, I dont care if I traded services or cash for it. | ||
| ▲ | re-thc 2 hours ago | parent [-] | |
> If I have 5% of a company IF You may not. The whole AI circular finance deals don't work that way. Maybe just maybe this 1 does but 90% don't. There's some SPV (special purpose vehicle) that holds some of the assets and leases it back to the main company. The backers sort of support the SPV and the lenders lose out. For example SpaceX claimed to raise a huge round from Nvidia. They got maybe 5% of it as real cash. The rest is Nvidia taking its own GPUs into SPV and leasing it to SpaceX. Nothing changed hands. Another example is see AMD's OpenAI deal. You get x% shares after using so much GPUs. So there's shiny announcements and there's how much are real shares with no terms paid with cash. > I dont care if I traded services or cash for it. The point is you might not even have it OR it got massively diluted in creative ways. | ||