4 ms·
Possibly they could have, but why would they? The company clearly doesn't work as it is. So you buy the company and you now need $250,000 in hte next week to
by chollida1 2y ago
Possibly they could have, but why would they?
The company clearly doesn't work as it is.
So you buy the company and you now need $250,000 in hte next week to make payroll and rent. Where does that come from?
And each 2 week period you require the same cash infusion just to keep your job while you are losing customers due to the chaos of nearly going bankrupt.
Explain your thesis as to why the employees would buy the company and why they'd pay so much just to very tax inefficiently pay the money back to themselves every other week.
- F7F7F7 2y agoCompanies don’t work until they do. Thats the new mentality anyway. And you don’t get a Series C with SVB involvement if you’re not working at some level. I’m familiar with them. Through M&A activity and debt consolidation / refi. Like visiting a proctologist dentist and then having a colonoscopy while your accountant’s scrolling through quickbooks questioning every line item out loud while the nurse is asking how many copies of keys to your house you have. Count the number of companies that wouldn’t be here today if they had their loan called at any given point.