FT Alphaville- When bitcoin bros* talk money-printing February 26, 2021If central banks can print money out of thin air, why can’t the rest of us?
- Further reading February 26, 2021Texas; speculation; ARKK; and much more.
- The complete letters of Nomad Investment Partnership [UPDATE] February 25, 2021Just in time for Christmas.
- Coinbase’s offering docs have just dropped [Update] February 25, 2021Ceci n'est pas an ICO. Or an IPO. It's a direct listing.
- Gamestop: meme-cry February 25, 2021Time is a flat circle
- When bitcoin bros* talk money-printing February 26, 2021
Category Archives: Choice Debt Equity
What do you do with $ 30 bn cash ?
On October 10th, it was revealed that Google is developing a self-driving car and that it had already tested it over 140,000 miles of public roads. I also learned, reading that article, that Google is sponsoring a prize for landing … Continue reading
The limits of covenants
On October 5th 2010, the Flemish business paper De Tijd published a short article entitled “Banken blijven noodlijdend technologiebedrijf Option steunen” (Banks are obliged to go on supporting the technology company Option). Option is a Belgian company manufacturing mobile modems. … Continue reading
Posted in Choice Debt Equity, Debt structure
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Conflict between shareholders and lenders: the perfect example
For years, I have been explaining to my students that there is a potential conflict of interest between the owners of a company and the people that lend money to it. Indeed, shareholders have the chance to get an upside on … Continue reading
Posted in Choice Debt Equity, Equity
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