Techdamentals
Nov 12, 4:44 PM
$EQIX rents space and power to companies that bring their own computers. CoreWeave does the opposite: it purchases the processors, builds the capacity and rents the computing. This year it expects 37 to 39 billion dollars of capital spending against 13.0 to 13.3 billion of revenue.
Full explainer, plain English: https://youtu.be/jq7JO1HmALw
Written version: https://techdamentals.com/newsletter/why-does-coreweave-borrow-so-much-to-build?ref=st
What is it worth? 👇 https://techdamentals.com/v/EQIX?ref=st
Educational, not advice.
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