Machine Generated Transcript
Taylor: And so one of the things for me, and it’s, in some ways, it’s a criticism from the from the outside markets. And that’s why, again, being a CFO, you have to realize you have different constituents who have different points of view, but you have to do what you think is best. And where I was going to go with that is IQ i Are we carry a lot of cash on our balance sheet as a company, and cash, we everybody thinks cash is good. But when you’re an investor, cash is a stranded asset that generates, you know, sub acceptable returns. But I’ve kept more liquidity in our, in our, on our balance sheet and access to because I think, despite at times it feeling good, it also feels bad thing, your inflation feels like it’s still going to be there. So interest rates are going to be higher for longer. And so you have these pops, you have the challenges of economic downturns.Read More
And so I think, number one, having the flexibility around liquidity is going to be really important. Don’t spend it before you earn it as another thing that comes to top of mind. And so we’re going to be very disciplined about how we manage our cash flow. And then the third part is not being scared of volatility. And that means continue to, to hold true to your, to your goals. And you know, my boss and the team that I work with, we have really what I think are good goals and their programmatic. And we have, we can’t lose sight of it, because we think they are important for our future. And so yes, you have to make sure you the ends meet financially and otherwise, you have to create that flexibility, and you have to be adaptable to the changes that we’re all experiencing. But also recognize that there’s a lot of value and we’ve we’ve experienced this over many of the other major sort of shocks to the system. When others pull back, keep on pushing forward. Just keep on pushing forward because we know we got it right. And eventually things will turn nothing lasts forever. And even economic downturns are malaise doesn’t last forever. And and, and you’re better position when things come back out. And so that’s one of one of the other things I feel very, very confident about.
CFO GUEST: Keith Taylor of Equinix
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