2min chapter

Bloomberg Businessweek cover image

Goldman Profit Tumbles on Real Estate Hits, Deals Slump

Bloomberg Businessweek

CHAPTER

The End of the Road

The run in the stock this year, similar to run in meme stocks. All of them have so little cash that they can't support their burn rate for more than a couple of years for 24 months. They're all burning tons of cash. And so it's sort of like there's an end of the road. I mean, at some point in time, people are going to say, "I'm not going to lend this company money"

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