Mixing Equity and Debt: The Lesser-Known Key to Airbnb, Uber, and Sweetgreen’s Explosive Growth
Fundera
AUGUST 1, 2018
Given low interest rates, the tax deductibility of debt and our low debt to enterprise value, financing growth through the debt market is currently more efficient than issuing equity. Unlimited DVD rentals set Netflix apart from competitors and allowed it to generate enough sales to go public in 2002.
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