level 9 (Corporate Debt)

At level nine, there's corporate debt. 99% of companies need cash flow to survive and turn brilliant ideas into reality.

• Debt helps fund employee salaries, materials, office construction, and R&D for companies that aren't yet profitable.
• Your everyday tools like phones, apps, and electric cars were also built with borrowed money.

It can work out well, like Netflix's successful content library expansion, but it can also lead to failure, as seen with the short-lived Q.B streaming platform which raised $2 billion before shutting down in under a year.