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Earnings Reports from Apple and Facebook, and Warning Signs for Uber and Lyft

After Hours

00:00

How Do You Think About Success and Failure During Recessions?

i'm curious about the recession that weare going to have, and how you think about success and failure during these recessions. Felix: We've already seen the effects in this recession of companies that came in with too much debt. And so i've been particularly intrigued to see companies now doing huge debt offerings and huge financial transactions. What's different this time?Felix: Because this recession, remember, we shot down the economy. This is very different from any sort of recession that we had in the pas.

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