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Author Topic: Is this thread for real? (AInc has <$100)  (Read 22927 times)

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Offline Wain

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Re: Is this thread for real? (AInc has <$100)
« on: September 10, 2003, 03:24:56 AM »
I'm confused, don't most early companies start up WAY in the hole and run on credit lines instead of having any accumulated wealth??

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Offline Wain

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Re: Is this thread for real? (AInc has <$100)
« Reply #1 on: September 10, 2003, 04:04:26 AM »
I dunno' how do companies manage to stay in debt for over 5 years but still be up and running, don't nearly all businesses lose money hand over fist for the first 5-10 years they are running?

I also would assume that credit can be made available with proper business models and potential products, otherwise how do companies get started in the first place with little to no operating capital?

Isn't credit based on the idea that you have no money?? isn't that why it's called credit??  I do realize the amiga, Inc may have no credit either, but companies often tend to run millions and millions of dollars in the hole before declaring bankruptcy.

but then again there may well be a reason I am not in big business!!   :-D
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