Re:A Long Time Until the Economic New Normal
by samsonradu on Friday April 10, 2020 @11:47AM
(#22834216)
While it sounds doable in theory, it’s hardly doable in today‘s (well, yesterday’s) market conditions.
Low interest rates and an abundance of cheap money looking for yield distort the environment. Your debt-free, slow growth company will be wiped out by some bilion $ valued cash-burning startup.
Re:A Long Time Until the Economic New Normal
by bwb on Friday April 10, 2020 @12:21PM
(#22834535)
esp if your primary cost is payroll... i ran a business and if we had to shut down even with super high savings rate of 20%, our payroll would have knocked that out in a couple months.
Low interest rates and an abundance of cheap money looking for yield distort the environment. Your debt-free, slow growth company will be wiped out by some bilion $ valued cash-burning startup.