The exception is that the Big Tech companies (Google, Amazon, Apple, Microsoft, although importantly not Facebook, seriously f*** Facebook) have essentially unlimited cash, and their funding situation changes little (if at all) based on their stock price.
I’m not sure if this is true right now. It seems like the entire tech industry is more cash-constrained than usual, given the high interest rates, layoffs throughout the industry, and fears of a coming recession.
I’m not sure if this is true right now. It seems like the entire tech industry is more cash-constrained than usual, given the high interest rates, layoffs throughout the industry, and fears of a coming recession.