I guess making a quick buck pre-IPO? It's essentially lending cash on loose term... | Hacker News

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		rich_sasha 6 months ago \| parent \| context \| favorite \| on: Databricks is raising a Series K Investment at >$1... I guess making a quick buck pre-IPO? It's essentially lending cash on loose terms. Why they do it via an equity offering and not debt is unclear. You'd imagine the latter is cheaper for a hectocorn.

datadrivenangel 6 months ago [–]

Anchoring IPO expectations and hype. 100B valuation is useful.

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