6 Comments

does this break down goods v services. maybe a small software company (AI) is more efficient at converting debt into sales? They have no equipment, just employees. 2&3) Debt is something you take on before you sell the company. GM has a great price to book, but do you want to own it?

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All these weak sisters came public for one reason only, to make $ for management and advisors, all at the expense of the public investors

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Are companies bringing new products or services to market better debt than large companies which borrow to create more supply (against falling demand). Is this where fixed costs start to work against you? And AI lifts small boats more than big ships, not everybody?

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IMHO, no one size fits all. Depends on their ability to 1) earn and 2) secure future financing which 3) in this environment will cost more than it did before! ;-)

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Only a thin line betw the status of (i) junkier and (ii) debtor in possession—all needed is a good Ch 11 lawyer who has received a good retainer or deposit

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Seems you might know something about that, sir!

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