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Re:WeWork Bonds Drop Below Par for First Time Since IPO Filing by fastball on Tuesday September 10, 2019 @01:31PM (#20930797)
I think the problem is less companies that don't make profit and more all the companies that have raised a lot of capital without making that much revenue.
Re:WeWork Bonds Drop Below Par for First Time Since IPO Filing by khuey on Tuesday September 10, 2019 @04:08PM (#20933079)
Not really, if you have access to capital it's easy to fudge revenue by selling dollars for ninety five cents, which is more or less what many of these companies are doing.