debt

6 statements across 5 episodes · 2 bullish · 3 bearish · 5 people on the record · first statement Sep 30, 2021 by Keith Rabois · across every show →

Everything said about debt, oldest first

Sep 30, 2021 bullish
Insight
Rabois: Debt capital is the operational oxygen for Affirm and Opendoor
“In addition, we do use debt and debt is the oxygen for businesses like Affirm. It's the oxygen for companies like Opendoor.”
Keith Rabois Sep 30, 2021 ▶ 5:57 20VC: The Opendoor Memo: Keith Rabois on The Origins of Opendoor from a Conversation with Peter Thiel, Why Cash is Not a Competitive Moat for Startups Today and What People Misunderstand About Black Swan Events in Real Estate and How it Impacts Opendoor
Mar 12, 2025 negative
What-if
Östberg: Delivery Hero should have raised equity over debt at $35B valuation
“If we would have known that we would have cut costs A lot faster earlier. We would have probably taken down risk a little bit. We would have saved as much money as we can. We probably would have raised equity instead of debt during the time when we thought tha…”
Niklas Östberg Mar 12, 2025 ▶ 4:43 Niklas Östberg, Founder @ Delivery Hero: Competing with Uber and Doordash in a Capital Arms Race · 20VC with Harry Stebbings
Apr 7, 2025 negative
Insight
Garcia: Debt is particularly dangerous for non-cash-flow-positive growth companies
“I think debt is dangerous in general, and I think it's more dangerous for a company in a phase that we were in where you're not like positively cash flowing.”
Ernest Garcia Apr 7, 2025 ▶ 56:15 Carvana CEO & Co-Founder, Ernest Garcia: Building a $50B Company, Losing 99% and Coming Back · 20VC with Harry Stebbings
Apr 7, 2025 positive
What-if
Garcia: Taking on massive debt saved Carvana from catastrophic equity dilution
“Had we raised equity in the same dollars at the same time that we took out debt we would have taken a lot more dilution than let's say that we just like raised equity today and paid it off just to like, you know, allow you to do that math. We would have taken …”
Ernest Garcia Apr 7, 2025 ▶ 56:30 Carvana CEO & Co-Founder, Ernest Garcia: Building a $50B Company, Losing 99% and Coming Back · 20VC with Harry Stebbings
Jul 23, 2026 neutral
Insight
O'Driscoll: Heavy Structure and Excessive Debt Are Worse Than Two-Tranche Rounds
“And I will say they're silly, but they're not horrific. I mean, if you look at that versus other alternatives, like, you know, taking a high price but with a ton of structure, real structure, that's a worse mistake. If you look at it, you know, not raising mon…”
Rory O'Driscoll Jul 23, 2026 ▶ 1:17:33 Should the US Ban Chinese Open-Source Models | OpenRouter's Chance To Sell | Stripe Buying PayPal
Aug 22, 2026 negative
Assertion Partly supported
Murdock: Hyperscalers Have Taken on Record Debt Levels
“All the hyperscalers have taken on much more debt than they ever have before”
Jerry Murdock Aug 22, 2026 ▶ 2:15 The AI Bubble WILL Burst | Should we be fearful of Chinese Open-Source | Jerry Murdock
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