wiki_me to Open Source · 3 years agoPurism (a creator of FOSS friendly hardware such as laptops and a smartphone) is seeking investment from individualspuri.smexternal-linkmessage-square4fedilinkarrow-up126arrow-down12
arrow-up124arrow-down1external-linkPurism (a creator of FOSS friendly hardware such as laptops and a smartphone) is seeking investment from individualspuri.smwiki_me to Open Source · 3 years agomessage-square4fedilink
minus-squareRaavanlinkfedilinkarrow-up5·3 years agocant blame them but this will strain the company more as they are subject to interest payments which can eat the earnings.
minus-squarewiki_meOPlinkfedilinkarrow-up6·3 years agoFrom what i understand it will get converted to stocks of value equal to how much the note is supposed to pay including interest. looks to me like an IPO without actually being a IPO.
cant blame them but this will strain the company more as they are subject to interest payments which can eat the earnings.
From what i understand it will get converted to stocks of value equal to how much the note is supposed to pay including interest. looks to me like an IPO without actually being a IPO.