Quote (Thor123422 @ Mar 12 2020 08:25pm)
Those companies really should have kept money saved for a rainy day. It's just poor financial planning.
Many companies aren't profitable (yet) and need to finance their operations somehow. If the credit markets seize up and they can't finance operations or service short term debt obligations then they essentially close up and everyone employed there is without a job.
There's a fuck ton of companies that are in this position. Uber, Lyft, Tesla, & many others raise capital either through debt or giving up equity. We HAVE to save these companies otherwise look forward to unemployment rates going to 20% in a few months.