@[email protected] to Technology • 2 days agoElon Musk just offered to buy OpenAI for $97.4 billionwww.theverge.comexternal-linkmessage-square154fedilinkarrow-up1671arrow-down130file-text
arrow-up1641arrow-down1external-linkElon Musk just offered to buy OpenAI for $97.4 billionwww.theverge.com@[email protected] to Technology • 2 days agomessage-square154fedilinkfile-text
minus-squarebillwasherelinkEnglish2•4 hours agoI’ve never understood how you can take out a loan to buy a company, turn around and place all that debt on the company you just bought, and have no personal ramifications when the company goes belly up because the debt load is too high.
I’ve never understood how you can take out a loan to buy a company, turn around and place all that debt on the company you just bought, and have no personal ramifications when the company goes belly up because the debt load is too high.