That still means the same thing though. If they’re planning to take billions of debt, they and their lender think they’re either making good money today or they’d be making it in the future. Or in other words they can either pay their workers more today or in the future. 😁
Or they are going to do the typical private equity thing and transfer the debt to instacart as soon as they are acquired and then use the debt as an excuse for instacart to go bankrupt in a few years (or months) and walk away one competitor less in the market.
That still means the same thing though. If they’re planning to take billions of debt, they and their lender think they’re either making good money today or they’d be making it in the future. Or in other words they can either pay their workers more today or in the future. 😁
Or they are going to do the typical private equity thing and transfer the debt to instacart as soon as they are acquired and then use the debt as an excuse for instacart to go bankrupt in a few years (or months) and walk away one competitor less in the market.
And they won’t make any money on that?