Chart of the Week I: The Rise of Corporate Cash
Corporate cash load - now a record $2.26t - is showing solid growth (Apple is literally 10% of that). And people wonder why the private markets are the new public markets. With that much cash on balance sheet, is it any wonder that Bonobos, Plated, Jet.com, and others are getting scooped up by corporates prior to ever hitting the public market (and havi…