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Surely you mean an asset, not a liability?
by smogcutter 3y ago
Surely you mean an asset, not a liability?
- jandrese 3y agoNot if you are trying to avoid being bought out. Those assets are just something the VC firm will leverage to buy out your company. Basically telling their lenders that you own X amount of real estate worth $Y, so use it as collateral on the loan they make to take over your company. Those assets then get sold to pay off the loan and the stores get to pay rent to some landlord.