Roelof Botha, venture capitalist of Sequoia Capital, speaks during Reuters Global Technology Summit in San Francisco, June 18, 2013.
NEW YORK, July 31 - When money is cheap, it’s easy to be optimistic about assets with dwindling or no cash flow. Near-zero interest rates inspired some to buy art or bitcoin. Billionaire Charlie Ergen staked Dish Network’sThe satellite operator has spent some $25 billion since 2008 acquiring the finite resource used to carry data. Its balance sheet now bulges with about $21 billion of debt; $5 billion of it comes due in 2024 and 2025, according to Refinitiv.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: