4 ms·
Interesting space to operate in. I wonder what safeguards they have to ensure that they will get paid by a customer base that likely cannot afford to pay its ex
by paxys 3y ago
Interesting space to operate in. I wonder what safeguards they have to ensure that they will get paid by a customer base that likely cannot afford to pay its existing bills.
- crotchfire 3y agoPayment in advance. Bankruptcy courts don't claw back payments to vendors who are legitimately attempting to assist with an orderly wind-down. From the perspective of a bankruptcy judge that would just be them shooting themselves in the foot.
- mistrial9 3y agothis is likely "business confidential" since it is deeply competitive! I suspect a) court order b) personal and private arrangements with legal decision makers c) contract law d) "lies" certainly knowing and using these techniques is the difference between being an amateur and being successful
- kjkjadksj 3y agoThe customer just probably takes on more debt