Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

And by “paid off a bit of its debts” you mean paid off its debts entirely, most of which were at 10% junk bond yields.

They later raised new special types of debt instruments tied to crypto much like Micro Focus did that are at 0% interest rates.

The company also went from years of consistent net losses to consecutive years of consistent profits.



Consider applying for YC's Fall 2026 batch! Applications are open till July 27.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: