The key word associated with the Oculus acquisition is âvalidation.â When Facebook â and more importantly CEO Mark Zuckerberg â shelled out $2 billion for a virtual reality startup, developers and investors who were hopeful the VR industry would take shape were suddenly convinced of it.
Revolving debt is a type of debt that changes from month to month as people make purchases and payments on a credit card. While...
Senior debt is a companyâs first level of liabilities, typically secured by a lien against some type of collateral. This makes the debt less risky and provides less return for lenders. Senior debt holders may be able to voice their opinions on how much subordinated debt a company assumes.