ZIP 5.04% $1.70 zip co limited..

Are credit cards really broken?, page-20

  1. 4,271 Posts.
    lightbulb Created with Sketch. 1885
    Here we go again with the Amazon Comparison.

    Zip is not Amazon and LD and PG are about as far removed from Jeff Bezos as you could get.

    Those facilities are for receivables book funding not working capital and Zip are burning through working capital like no tomorrow.

    New employees LD probably sold them the same story as the Zip bag holders and is paying them big bucks, with their CV they will walk into another job if Zip goes bust
 
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