nanyt0618

4 ms·

1. 1.▲
   by nanyt0618 8y ago

   Probably get a lot more aggressive on your accounts receivables demands. Also, is this type of behavior typical of VC's? I have to assume a lot of people would just have written a check to pay vendors so this sort of bad PR wouldn&#x27
2. 2.▲
   by nanyt0618 8y ago

   There's nothing embarrassing about making a profit, but there is something embarrassing about continuing to rack up debts you know you won't be paying. A restaurant owner is taking a big risk in setting up shop - food businesses a
3. 3.▲
   by nanyt0618 8y ago

   According to several former employees, Munchery also stiffed vendors in LA and Seattle when they shut down there years ago. Some of them have still not been paid, even though Munchery raised more money and continued to operate in San Franci
4. 4.▲
   by nanyt0618 8y ago

   The COGS and labor on a 15k wholesale order is likely 10k, so not getting paid is a big deal. Also, it's relevant because employees of munchery reported that the company would systematically choose to not pay small women and minority o