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The issue is that a startup needs that capital right now. They cannot wait for bankruptcy courts to redistribute.
by tbruckner 4y ago
The issue is that a startup needs that capital right now. They cannot wait for bankruptcy courts to redistribute.
- rich_sasha 4y agoYeah, well, indeed, that is an issue. I'd imagine it would be possible to get a fraction of it now via some third party, but that could be quite a haircut too.
- floatinglotus 4y agoThis is the big issue. If they can’t get their money lots of startups will fold very quickly.
- rvz 4y agoExactly. These startups know that they don't have a lot of runway to wait so they rushing to the exit.