Meta plans $7B bond issue
reuters.com
Meta plans $7B bond issue
1–10 of 67 posts
Re: Meta plans $7B bond issue
#2[deleted]
Re: Meta plans $7B bond issue
#3I know Facebook/Meta is huge and well established, but a 40 year bond seems like an eternity in the tech world. Is Meta that entrenched that people are this confident that they'll still be around in 40 years? Perhaps there's a lot more to their staying power and value than some web pages, apps, and VR hardware, but I'm not very aware of it.
I did note in an article a couple weeks ago that they participate in groups that commission undersea Internet cables. Those sorts of infrastructure investments seem to have more staying power to me than the other offerings.
I think I'm trying to state: "Aren't the bulk of Meta's offerings too susceptible to trends to garner the trust required for a 40 year bond?"
Re: Meta plans $7B bond issue
#4Broken link to the report, doesn't say what the investment is for.
Its hard to figure out what is going to happen to facebook in the future. This is one of those few moments I'd like to be a non-US native to understand if Facebook is doing well/growing outside the US, or if its dying out. (I don't think Instagram is going to last too much longer, the quality has collapsed)
Re: Meta plans $7B bond issue
#5I know Facebook/Meta is huge and well established, but a 40 year bond seems like an eternity in the tech world. Is Meta that entrenched that people are this confident that they'll still be around in 40 years? Perhaps there's a lot more to their staying power and value than some web pages, apps, and VR hardware, but I'm not very aware of it. I did note in an article a couple weeks ago that they participate in groups t…
Maybe some lawyer can read the fine print that everyone agreed to.
Can they sell our emails + IP addresses to marketing companies who are going to exploit us based on our facebook posts/likes by targeting our insecurities? That might last 40 years.
Re: Meta plans $7B bond issue
#6Broken link to the report, doesn't say what the investment is for. Its hard to figure out what is going to happen to facebook in the future. This is one of those few moments I'd like to be a non-US native to understand if Facebook is doing well/growing outside the US, or if its dying out. (I don't think Instagram is going to last too much longer, the quality has collapsed)
It's still very popular in Europe for my age range (25-34) - FB Messenger is the default option to contact friends, even more so than WhatsApp.
Re: Meta plans $7B bond issue
#7Why would Facebook need to raise all this cash? Don’t they have plenty of profit? Aren’t interest rates high enough to discourage borrowing against future profits like this?
Re: Meta plans $7B bond issue
#8Broken link to the report, doesn't say what the investment is for. Its hard to figure out what is going to happen to facebook in the future. This is one of those few moments I'd like to be a non-US native to understand if Facebook is doing well/growing outside the US, or if its dying out. (I don't think Instagram is going to last too much longer, the quality has collapsed)
It's still very popular in Europe for my age range (25-34) - FB Messenger is the default option to contact friends, even more so than WhatsApp.
Well Meta owns WhatsApp anyways
Re: Meta plans $7B bond issue
#9Meta has ~$40B as Cash-on-Hand [1]. Why does it need to raise this money via bonds?
[1] https://companiesmarketcap.com/meta-platforms/cash-on-hand
Re: Meta plans $7B bond issue
#10If meta needs to lay off tens of thousands of people to make their financials look good enough to appeal to investors, that suggests to a layman like me that they weren't turning enough profit per employee to justify the things those people are working on. This comes, notably, after raising $10B last year before the layoffs.
So besides stock buybacks, what does it actually mean "to build a more traditional balance sheet and fund some expensive initiatives"? Layoffs mean they're doing less (far less!). Are they gonna hire people back? Like, what are you funding if it's not the people doing the initiatives?
And a follow-up question: given the above, who exactly is buying these bonds? "We grew too fast and did too many things so we fired people. Now our numbers look good! Give us money like last year to hire people to do things!" sounds like Lucy encouraging Charlie Brown to kick the football, no?