4 ms·
I don't think bankruptcy is the norm, since most startups don't fail with outstanding debt.
by morgante 2y ago
I don't think bankruptcy is the norm, since most startups don't fail with outstanding debt.
- SoftTalker 2y agoDebt in the sense of formally borrowed money? Maybe not. But unpaid invoices, rents due and lease obligations, possibly even payroll due, I think would be pretty common.