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Banks are now trying to offload the AI data center debt they just underwrote (startupfortune.com)
submitted 1 week ago by to c/technology@lemmy.world
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[–] -3 points 5 days ago (1 child)

Yes, if you invested in the right company you made a lot of money, if you invested in the wrong company, you lose all your money.

That's how investing works.

The onvestment was high risk back then

I would be curious to see how you try and calculate EV on a stock.

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  • [–] 2 points 5 days ago

    The risk back then was high. It is high now as well, if you invest in a sector that is deeply unprofitable and profitability predictions are based on a lot of speculation, ridden with circular financing, lots of obvious oversupply signs and contrary to most previous bubbles, a product (GPUs) that is depreciating so fast that no lasting value will be created by the bubble.

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