interest-free loan ?
Posted Jan 12, 2004 3:07 UTC (Mon) by
stock (subscriber, #5849)
In reply to:
Red Hat borrows $500 million by eyal
Parent article:
Red Hat borrows $500 million
"Every enterpreneur know: Raise money when you can, don't wait until you
need it (because than it's much harder to get it)."
I agree, when someone's buggering about business, its always about time
and money. (space also of importance?). Anyway having a cash reserve
which responds within seconds is a good thing to have. The 0.1% makes it
almost a interest-free loan, which seems to me like RedHat must have some
Big Dad taking care and act as extra underwriter.
Its a good thing to read, however it depends on what RedHat is going to
do. I'd say the best thing to do is to continue business as usual.
Purchasing some company which cost $500 million, might lead to more
millions of unexpected costs.
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