@rickyho_1989 Ok but whats the alternative to funding in yen? Eur?
Chf funding is cheaper but the currency gets stronger
Yen funding is @ 1.5% to 2.2%, even if it gets to 4% w a currency depreciating 2% to the usd I would not sell my bond portfolio yielding 6% in usd
@levelsio They pro know theyd burn money. I mean… no subsidized product, no demand, and only amortization equals revenue, let alone when you factor all the opex
You may have paid for her blepharoplasty in Geneva, but if she comes down to Lugano to get screwed by an Italian tax advisor, you're just the crowdfunding for her hormonal awakening.