2 ms·
If the alternative is a bankruptcy in which the investor gets nothing and ill will, the investors can agree to a deal where they get nothing and the entity rema
by georgeecollins 9y ago
If the alternative is a bankruptcy in which the investor gets nothing and ill will, the investors can agree to a deal where they get nothing and the entity remains intact.
- mirimir 9y agoI get that. But damn, it'd suck if Birchbox does become successful, and the new investors get all (or most of) the benefit. I guess that it's like poker. The initial investors could have increased their investments, to meet Birchbox's operating losses, but they didn't. And that's like folding on a hand.