Since capital structure is everything in business, what makes one bulletproof?
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Why Capital Structure Matters
Since capital structure is everything in business, what makes one bulletproof?
Very useful for any investors here to listen too. As an investor, when Wynn talks about the cost and availability of capital, he is talking about you. When he talks about long duration, and the safety of cash drag, he is talking to you .
Thanks for the reply Rick. Could you please define what you mean by “the safety of cash drag” cause I haven’t heard of that before? I still don’t quite know what question or questions I’m trying to ask in this discussion thread, but I guess I’m wondering how this advice about capital structure can be applied to small startups – which is why I put it in the entrepreneurship section. In other words, how would an entrepreneur just starting out small (but “thinking big” as Trump would say) find Mike Milken’s articles on captial structure useful?
http://www.mikemilken.com/articles.taf?page=37&mode=print
http://www.mikemilken.com/articles.taf?page=1&mode=print