News for hackers. Stuff that matters.

A comment on SoftBank’s debt obsession. Parent comment

Re:SoftBank’s debt obsession by polskibus on Tuesday November 06, 2018 @02:57PM (#18394388)
That would depend on the term sheet, wouldn't it? 7% guaranteed yearly return may require unusual conditions on the investment side.
[ Parent | on HN ]
Re:SoftBank’s debt obsession by andrestan on Tuesday November 06, 2018 @03:06PM (#18394458)
Sure, that's possible but then you're just dealing with relatively blind speculation. I would assume there's no issues on the investment side unless there's strong reason to believe there is.
[ Parent | on HN ]
Re:SoftBank’s debt obsession by _jal on Tuesday November 06, 2018 @03:50PM (#18394784)
The article offers one reason to wonder:

> [...] its term sheets — from what I hear — are heavily laden with economic terms that give SoftBank huge downside protection.

How much weight you want to give that, well.

[ Parent | on HN ]
Re:SoftBank’s debt obsession by josgala on Tuesday November 06, 2018 @03:09PM (#18394477)
My guess would be generous liquidation preference and possibility to force IPO or liquidation event.
[ Parent | on HN ]