added by sari · updated 2y ago
Is Debt Coming to Tech?
- One trend that is an important identifier of equity/debt beginning to blend is the premium placed on SaaS revenues. Markets will buy SaaS revenues at high multiples (i) because they are high margin but also (ii) because of their predictability. “Cheap equity is essentially expensive debt.” So starting to see equity get priced closer to debt for the... See more
from Is Debt Coming to Tech? by Ali Hamed
sari added 3y ago