The zombie companies

Wednesday's post-midterm bubble in markets popped on Thursday, with AI companies reversing the previous day's gains. Is it a reassessment of what Democratic control of the US Congress would mean to the AI industry? Or is it a continuation of a trend away from the sector? Columnis ...  Show more

It was the largest heist ever. Within a span of a night, more than $6bn vanished from Binance. That’s the blockchain platform that’s supposed to be the biggest and safest. Authorities point to North Korea as the likely culprit, but the company says it will make customers whole. C ...  Show more

What is a zombie company ? If you’ve ever seen horror movies, you’ll know that when you see a zombie, you should start running! Well, the term is also used in the world of business to describe companies which are hugely indebted and only able to pay their fixed costs and intere ...  Show more

Patrick Bet-David explains the growing existence of Zombie Companies in America, the cause behind this, and the impact it will have on the economy. Zombie companies are companies that are still operational but are not earning any profits. Connect one-on-one with the right exp ...

(0:00) Bestie intro! (1:15) Macro picture update: 0.25% raise, jobs rip up, wage growth continues to slow (17:52) Interest rates impact on mega-cap company creation (33:58) Mass extinction event coming to startups, reckoning for VCs, venture debt issues (1:02:33) Adani's potentia ...  Show more