shitco
Pronunciations
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/ʃɪtkow/
Noun
A company with poor business makeup.
Usage- Derogatory
- Slang
- Vulgar
- Examples
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More examples (2)
Sure, it would be nice for WBD to magically move its declining assets into a separate company, along with all that debt. But those declining assets — TV networks that still command billions of dollars in subscriber fees — still throw off a lot of cash, and that cash helps to fund the rest of the combined business. Plus, what investor wants to own a shitco?
It is pretty well established that CoreWeave (and neoclouds in general) is a shitco. • $20b+ of high interest debt and 3x more capex than revenue. • Running a commodity service (GPU rental) with a monopolistic seller (Nvidia) and differentiated, concentrated buyers (hyperscalers and AI labs). […]
Word forms
shitcos