Booth: Amazon successfully used debt via a negative working capital model
Jeff Booth · When Will Poor Revolt Against Rich? Is Unemployment Good? Currency Pegged To Bitcoin with Jeff Booth · Apr 30, 2020 · at 33:38
Jeff Booth provides Amazon as a historical example of a company taking on productive, value-creating debt.
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“Amazon borrowed a bunch of money to create real value in their business. And that, and the future cash flows, it was a negative working capital model and the future future cash flows and the growth of creating that platform would easily pay, pay that back.”
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