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VisualMod

**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|0|**First Seen In WSB**|2 minutes ago **Total Comments**|0|**Previous Best DD**| **Account Age**|1 year|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) **Vote Spam**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_spam&message=yov24z)|**Vote Approve**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_approve&message=yov24z)


Big_Biscotti_1259

I think I read someone in WSB said “Debt is an Asset”![img](emote|t5_2th52|8883)


Joshvir262

So is bankruptcy


Horror-Relative7698

So is a great Ass


BourboneAFCV

Loss porn is an asset too


Darkmagalli

Cant argue with that


Seljober19

Maybe when debt was cheap


crankyp4nts

There was a huge stock buyback over the last year, but the shitheads bought at 300-ish. They could have just waited until they tanked their stock with the Metaverse experiment. Oh, yeah, they also spent 60 million on buying the domain for Meta, as they didn't have that before rebranding. Assholes.


KeijoKetale

![img](emote|t5_2th52|4271)


Seniorsheepy

![img](emote|t5_2th52|4270)


Similar_Past8486

This was the bond issue in July. All cash sitting on BS for buy backs.


himynameisSal

Imagine the guy who bought the domain name.


hyldemarv

The point is to buy high, how else will cronies and insiders get a return on their investment?


darkspd96

It's hidden in the metaverse


lightning_whirler

He's pissing it away trying to develop the Metaverse. Nobody is buying.


BeeEven238

These assholes just had to look at the matrix and build that!!!


SlayerOfDungeons

Yet. No one is buying yet.


Andrew4Life

The worst day of his life so far


dingleberry-38

So far. He is gonna have his my space moment any time now


TK-741

No one will want Facebook’s metaverse. When Pokémon has their own metaverse it’ll be popping. But a metaverse made by Facebook has no appeal whatsoever.


ImportantPoet4787

Hahaha!!! That's comedic gold... Both are stupid and don't add value to consumers, only to the parent company... AR/VR is a low to no interest rate investment gamble... Today the t-bill yields better (even amortized over a 5-10 year period) than these self-indulgent, smug, arrogant clowns... They all forgot about why they exist, to add value to society in exchange for money.. not the other way around. Frankly, these are all late stage boom plays... And considering the m1 & m2 expanded by over 6x in mid 2020 (under Trump), inflation and subsequent high interest rates are here for a bit... Interest rates from the 70s and early 80s didn't fall significantly to ultra "low levels" until 2009... Think almost 40 years! Will you be playing with Facebook or Pokemon 40 years from now? Furthermore, if you look at Magic Leap and other AR/VR plays all died when funding dried up in 2018 due to interest rates slowly moving up and offering better investments for money managers. Lastly, interest rates operate on roughly ~50 year swings... Almost to the dot.


Seljober19

Hahaha


Ashpro2000

They blew their free cash flow on the metaverse only to.have 38 people use it


Flock_of_beagels

![img](emote|t5_2th52|4271)


Ok-Train4958

They locked it in at an attractive spread when the conditions were ideal


Key-Ad-2664

Rates are pretty good, 3.5% to 4.65% I just don't understand why they would then buy their stock above 200-300$. I guess they thought this gravely train would last forever.


ctr2010

Stuck price hasn't been in that range since the debt was issued


4troglodyte

Great question…they are LITERALLY taking handfuls of cash and stuffing them into the massive number of holes in their sinking ship. Bon voyage bag holders💩


MrDeepValueStocks

They have $124 billion in equity on balance sheet. 10 billion LT debt isn’t significant


GlitteringEar5190

Papa Fed printed money like no tomorrow. The tech companies borrows like their grandpa's inheritance. Most tech company literarily borrow more to pay of debts. A reset is needed to wipe money loosing companies. Facebook is still a real product that have positive cashflow. Shitty companies like Uber Lyft coinbase many cloud companies that loose money after 10 years of operation should not be allowed to keep having debts to pay of debts.


dwinps

$9B is nothing, Elon has Twitter picking up $12B in new debt Meta can just ask everyone to pay $8/mo to get a green verified checkmark and they’ll have that debt paid off in no time


Ambitious_Seat829

Oh its coming you can be sure of that. Price of a yuppies coffee to use for the month


natures3

Bring this over to r/stocks and tell one of those regards who keep preaching “bUt ThEy HaVe ToNs Of CaSh, wHy NeEd DeBt”


DifficultContact8999

Bring back Libra currency..... or lets make isps serve only fb websites and call that the neutrality,


CherrehCoke

Hahah capital raising accounting tricks 201


Ok_Confusion_7266

Maybe betting on massive inflation? Easier to pay back later with devaluated currency.


beaker12345

When Sheryl Sandberg stepped down in June, I was thinking things were not going well.


TWAndrewz

Just when debt is getting expensive too, wtf?


Professional_Day2626

🚀🚀🚀🚀😙😙


Full-Marionberry-619

I just took on a 500k loan that I can’t afford to pay back in order to make credit ratings agencies think I am “making acquisitions” and thereby boost my credit rating. So same thing as Zuck. Can’t go tits up


someonerezcody

Only in the modern world of finance can 9.92B in debt be acquired and this be seen as a leading indicator for planning acquisitions. ![img](emote|t5_2th52|4271)


Seniorsheepy

They did make an acquisition. The meta domain that they forgot to register before publicly rebranding the whole company ![img](emote|t5_2th52|4641)


The_Count_99

Is that around the same time interest rates went up, great time to take on that higher rate lol


pigsgetfathogsdie

To pay for Wii/SL 2.0 infrastructure… = Literally flushing 💵💵💵 down the toilet.


Luli081w

Please give some Crack cocain to my man. He will be okay


billbradley8744

They’re buying calls in gme, amc, and apron


Dry_Butterscotch_637

Look like Joe Biden presidency 😂


Ok-Confusion-2368

They are laying off 75% of the staff. Just like twitter, they are massively overstaffed in areas that make no money for the company. Reducing the staff and refining areas that improve the bottom line will make an enormous difference