Sep. 17 at 2:55 AM
$OSCR don't listen to the fud Boys on here saying convertible debt is only toxic. Here are some more companies you may have heard of that issued convertible debt-
Apple (AAPL) – Issued convertible debt in the 1980s when it was still a challenger in the PC market, before becoming the giant it is today.
Netflix (NFLX) – Used multiple convertible debt raises in the early 2000s and again around 2011 to finance content growth before its stock really took off.
Salesforce (CRM) – Issued convertible notes in its growth phase (2003–2009) to fund expansion into cloud software.
Alibaba (BABA) – In 2014, issued
$8 billion of debt, including
$1.5 billion in convertible bonds, shortly after its IPO to fuel global expansion.
Amazon (AMZN) – In its early days (late 1990s), Amazon issued convertible debt to raise cash while still unprofitable. Those financings bought it time to scale into profitability.
Starbucks (SBUX) – Used convertible preferreds in its expansion phase during the 1990s.
