3 ms·
Investors and/or startup loans, depending on structure, are generally right at the top of the list of creditors.
by DANmode 4y ago
Investors and/or startup loans, depending on structure, are generally right at the top of the list of creditors.
- anonymouskimmer 4y agohttps://www.investopedia.com/ask/answers/09/corporate-liquidation-unpaid-taxes-wages.asp https://www.investopedia.com/ask/answers/09/corporate-liquid... > Shareholders are often last in line to receive proceeds with preferred stock shareholders getting better treatment than common stock shareholders. Loans aren't shares; not even early loans. Else they'd get much better returns from the successful businesses.