
First You Get the Money Then You Get the Power!
Listen up you punks. CoreWeave these guys they're pulling in $2 billion in debt *eh*? Nineteen percent pop after announcing that shit. Debt. That's how you build an empire like me! They're renting out AI data centers powered by Nvidia chips. Nvidia! I like those guys. Good stuff. They say they priced these notes at 9.25% maturity in 2030. 2030! That's a long time but when you got the right product you can wait *eh*? It's like waiting for the perfect moment to light that cigar *you know*?
Oversubscribed? I Like Those Odds!
Five times oversubscribed! Five times! That's like having five wives *you know*? Everybody wants a piece of the action. CoreWeave says they gonna use the money to pay off outstanding debt. Smart move *eh*? Gotta keep the books clean or the IRS will come knocking and they're worse than Sosa's goons.
$17.2 Billion? That's More Than I Ever Made in Cocaine!
Seventeen point two billion in equity and debt! Jesus Christ! Even I didn't launder that much money. They say it's 'to support its strategy to drive the next generation of cloud computing for the future of AI.' All that *jargon* means they got big plans *eh*? And big plans require big money. Remember what I said: The World Is Yours!
Defending the Spending: You Gotta Spend Money to Make Money!
Some pencil pushing investors they're doubting CoreWeave's debt. *Cheeh* investors. Always worried. Their CEO Michael Intrator he says they're meeting 'demand signals.' Sounds like he knows what he's doing. You gotta spend money to make money *eh*? And if you don't have the *cojones* to take risks you end up washing dishes like Manny. No offense to Manny *eh* he was a good friend.
No Debt Till 2028? That's Breathing Room Compadre!
No debt maturities until 2028! Four more years! *Cheeh*. That's plenty of time to make this AI shit explode. They got vendor financing and self amortizing debt whatever the hell that means. They got about $3.8 billion in current debt and $4.9 billion in non current debt. So what? They got balls! I respect that.
Nvidia and Microsoft? Those Are Some Big League Customers!
Nvidia and Microsoft are their biggest customers. They even got two deals with OpenAI totaling nearly $16 billion. Sixteen billion! This CoreWeave they're not playing around. They're building an empire just like I did. Only instead of cocaine they're pushing AI. *Cheeh* times change *eh*? But the game... the game is always the same. Show no mercy take what's yours. The world is yours!
tickytock
Five times oversubscribed? That's insane!