Equity and Debt Flows on a Platform Like YouTube

YouTube. guys have raised over a billion dollars I mean that's a lot of money so can you walk us through how has been the experience raising all that money and then also why you have that different structure on the equity and debt side for a company like this? So it comes from my background and when I was doing film finance I actually was doing debt financing and then obviously with the startups I was doing equity financing. The key to predictable cash flow streams is that you want to buy as many cash flow streams as possible to diversify. We had some really good wins and we had some really interesting losses COVID had just happened our first channel that we ever bought was a travel channel to about