

Worse, those of us who have been sticking our neck out and saying “hey guys let’s maybe slow down a minute on investing into things that have no foreseeable path to profitability” are getting passed over on career advancements while hype-chasers are getting rewarded.
Life ain’t fair man, especially when you have a passing interest in understanding wtf is going on and a moral compass that tentatively points towards not actively and knowingly making the world worse.
Wouldn’t using those assets as collateral for a loan achieve the exact same thing though? Conceptually it’s the same principle except you retain your ownership if you don’t default.
I guess selling the asset would bring in slightly more immediate revenue than loaning (at the expense of extreme volatility in long term costs). But I don’t think this justification really makes sense for a company not trying to cook the books. If this kind of move ever becomes a true necessity, entering a bankruptcy procedure is probably a better option for everyone involved lol