Clearwire Sheds $1.1 Billion in Debt
Earlier this month, Clearwire was cutting back in order to save revenue. The company behind the 4G network that powers Sprint is definitely having some money problems. Now, they are planning to sell more than $1.1 billion in debt in order to keep their heads above water. When the announcement came out, Clearwire stock fell [...]
Read MoreStart-up Funding Explained, Part 2
Companies aren’t that different from mortgages. Not many people own their houses out right and not many people want to co-own their homes and split the equity (if any at all in this market) with a co-owner. The same applies to businesses. In Part 2 of the Start-up Funding Explained series we take a look at the differences between equity and debt and even get some experience based tips from an entrepreneur.
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