The Startup Magazine

JUNE 6, 2019

The company had to file for bankruptcy later that year. As a result of these defective rifles, the company suffered severe financial losses and damages to its reputation, which left it to begin planning for bankruptcy in late 2017. Its remaining assets were acquired by a Chinese- and U.S.-owned owned company, Key Safety Systems.

Bankruptcy 138

Bankruptcy Product United States Startup 138

YoungUpstarts

AUGUST 28, 2022

Going through bankruptcy isn’t fun, but there’s hope on the other side. Here's a guide to recovering from bankruptcy. The post An Entrepreneur’s Guide To Recovering From Bankruptcy appeared first on Young Upstarts.

Bankruptcy 245

Bankruptcy Finance Management 245

Both Sides of the Table

JULY 22, 2010

It was accept the terms or go into bankruptcy so we took the money. Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. Those were the dog days of entrepreneurship.

Valuation 405

Valuation Liquidation Preference Pre-Money Valuation Term Sheet 405

YoungUpstarts

NOVEMBER 12, 2020

NBC News points out several companies that filed for bankruptcy during the later months of the crisis. Businesses that need to adapt to a changing economy need to quickly or get caught up in the collapsing wave of bankruptcy. The upside of having a massive, scaled business is that the profit potential is unmatched.

Bankruptcy 165

Bankruptcy Startup Agile Technical Review 165

The Startup Magazine

FEBRUARY 21, 2024

But bankruptcies and restructurings are spiking, and private credit firms have to possess not only financial acumen but also skills in restructuring, workout, and business turnaround. The company was facing significant cash flow issues and was on the brink of bankruptcy.

Technical Review 158

Technical Review Due Diligence Bankruptcy Intellectual Property 158

Both Sides of the Table

AUGUST 29, 2012

They recently exited their investment in Gaikai for $380 million while their rival OnLive (who had raised > $200 million) just went through bankruptcy. And no wonder, lately he and his partners are on a tear, investing out of their $200+ million VC fund. Not bad, hey? And they had another recent $100+ million exit of Savings.com.

Southern California 279

Southern California Detroit Los Angeles California 279

Berkonomics

AUGUST 31, 2017

Time bankruptcy results from the deliberate over-commitment of core resources. I created the term “time bankruptcy” almost thirty years ago when the computer software business was young, and I was a software developer building a young company based upon quality first. It’s a classic case of time bankruptcy. Time bankruptcy.

Bankruptcy 97

Bankruptcy Software Developers Software Development Software 97

ReadWriteStart

DECEMBER 20, 2022

The deal could not materialize — and now the situation is such that the success of Netflix was one of the primary reasons behind the bankruptcy of Blockbuster. Ironically, the founder of Netflix, Reed Hastings, made an offer to Blockbuster to buy out Netflix for $50 million in 2000.

Software Review 190

Software Review Application Development Technical Review Bankruptcy 190

YoungUpstarts

SEPTEMBER 3, 2013

Here are the issues that merit concern: Financial Issues: Bankruptcy, tax liens, poor credit, and other financial problems should raise a red flag, even if your potential partner will not be contributing financially to your business. Knowing What to Look For. Most background checks will come back with some sort of red flag. Don’t panic.

Technical Review 219

Technical Review Partner Due Diligence Bankruptcy 219

Both Sides of the Table

JULY 6, 2016

In France in some ways it was worse because if you failed as a startup founder you shouldered personal liabilities that don’t exist in the US under our bankruptcy laws. Perhaps that’s changed in the decade since I left but that was my experience when I lived there.

South Korea 261

South Korea Silicon Valley Los Angeles Japan 261

The Startup Magazine

OCTOBER 18, 2018

Leinart Law Firm focuses on bankruptcy and debt solution making them experts in giving legal protection granted under Chapter 7 bankruptcy laws. Thousand of bankruptcies were helped and gave clients a fresh new start. Be courageous and get some more reviews! Law Firm Attorneys Can Help Relieve Your Debt. FINAL WORDS.

Bankruptcy 118

Bankruptcy Los Angeles Technical Review Marketing 118

YoungUpstarts

JUNE 13, 2020

Sadly, sometimes it’s impossible to avoid bankruptcy when you have a business. Will your business’s bankruptcy harm your own credit score? In any of the three cases you can file for bankruptcy and it won’t (or shouldn’t) impact the credit of any party involved. The post Does A Business Bankruptcy Hurt My Personal Credit?

Bankruptcy 207

Bankruptcy Limited Liability Company Finance Limited Partner 207

A Smart Bear: Startups and Marketing for Geeks

MAY 24, 2010

If you can't stomache any risk of personal bankruptcy, incorporating your micro-ISV is a must. "If someone sues us over your product, you have to pay our legal costs." Indemnification is also a standard clause that is difficult to get removed.

Software Review 233

Software Review Technical Review Sales Software 233

YoungUpstarts

JULY 25, 2012

After all, Latman has seen his startup company Microworkz go from the brink of tremendous success to being shut down, have himself enter personal bankruptcy and his personal life destroyed. He’s lost 11 jobs in 12 months, been sued by the attorney general of the state of Washington , and his name and reputation dragged in the mud.

Software Review 164

Software Review Maryland Bankruptcy Seattle 164

Both Sides of the Table

MARCH 3, 2013

“In 15 Years From Now Half of US Universities May Be in Bankruptcy.” ” Such was the quote of Clayton Christensen followed by, “… in the end I’m excited to see that happen. So pray for Harvard Business School if you wouldn’t mind.” ” Who else does Clayton pray for?

Bankruptcy 403

Bankruptcy Offshore Liquidation Preference Balance Sheet 403

The Startup Magazine

MAY 2, 2019

These are petty issues that you can deal with when looking to manage your debts and avoid bankruptcy. Similarly, it wouldn’t be wise to dismiss it simply because its website has too many pop-ups. In essence, unless your debt issues are not urgent and you have the luxury of time, then Curadebt is practical.

Technical Review 142

Technical Review Bankruptcy Reputation Management 142

Steve Blank

MARCH 15, 2017

I had taken the job of VP of Marketing in a company emerging from bankruptcy. I told him that I had learned long ago that to keep that from happening, you need to on-board/train your team about mission and intent. Why Do You Work Here? We’d managed to secure another infusion of cash, but it wasn’t going to last long.

Startup 329

Startup PR Public Relations Channel 329

Both Sides of the Table

NOVEMBER 14, 2010

This is the time it takes for a bankruptcy or asset sale to occur. People often talk about what makes a great investor. I always say, “if you’re judging actual returns on a 3-year timeframe you’re looking at mostly failure. Or a quick flip.

Florida 299

Florida Technical Review San Antonio Los Angeles 299

Hearpreneur

OCTOBER 31, 2021

Saturn, Pontiac, and Hummer were all shuttered due to GM's bankruptcy, which occurred on June 1, 2009. The company faced bankruptcy over 10 times but Elon came up with some genius ideas the next day to save it each time. Two years later, the company had amassed huge debts because of high fuel prices and was near bankruptcy.

Entrepreneur 127

Entrepreneur Software Review Las Vegas Bankruptcy 127

Women Entrepreneurs Can

JANUARY 7, 2025

Bankruptcy Due to Legal Claims: Heres a true story… a bakery owner didnt think they needed insurance. Well, let me tell youthe chances are higher than you think. And when something does happen, its not just a bad day; its a potential business killer. Lets get into some real-life stuff.

Small Business 72

Small Business Technical Review Bankruptcy Reputation 72

YoungUpstarts

OCTOBER 24, 2017

Bankruptcy? Consider regular face-to-face meetings with prospective partners, so you can gauge body language and “listen between the lines.” Has your prospective business partner invested in or run a business before? Is there litigation history? Who owes what?

Partner 208

Partner Technical Review Intellectual Property Due Diligence 208

YoungUpstarts

OCTOBER 16, 2019

Most people have heard about bankruptcy and know it’s not something they particularly want to experience. Not everyone, however, understands exactly what goes into filing for bankruptcy, and what it means for you as a consumer. There are two main types of bankruptcy for individuals: Chapter 7 and Chapter 13.

Bankruptcy 169

Bankruptcy Naming Programming Management 169

Duct Tape Marketing

SEPTEMBER 4, 2024

Joe’s “don’t worry about it” mentality, is rooted in his blue-collar upbringing where his father often provided services for free, and once nearly led him to bankruptcy. Instead, it’s about offering high-quality, long-term solutions that anticipate future problems. He'd be like, no, don't worry about it.

Cloud 88

Cloud Bankruptcy Widget Kansas City 88

YoungUpstarts

MARCH 2, 2020

As you are working on your small business startup, it is very likely that the last thing you want to be thinking about is the potential for bankruptcy. After all, bankruptcy is very often associated with failure and you don’t want to cloud your vision with thoughts about potential collapse. What is Bankruptcy?

Bankruptcy 165

Bankruptcy Small Business Startup Cloud 165

YoungUpstarts

JULY 1, 2014

Bankruptcies, foreclosures, charge offs and late payments are frowned upon. Maintain good credit. Be sure to pay your bills on time. When applying for a SBA loan, you’ll have to meet a certain credit criteria, so it’s important to have the best credit possible. Be prepared to describe spending plans in detail.

SBA 154

SBA Bankruptcy Small Business Software Review 154

Berkonomics

OCTOBER 26, 2023

Time bankruptcy results from the deliberate over-commitment of core resources. I created the term “time bankruptcy” almost thirty years ago when the computer software business was young, and I was a software developer building a young company based upon quality first. It’s a classic case of time bankruptcy. Time bankruptcy.

Bankruptcy 62

Bankruptcy Software Developers Software Development Software 62

YoungUpstarts

SEPTEMBER 13, 2019

Rebranding is one way to overcome the odds of a partnership breakage or a bankruptcy, showcasing the good points of your business. Why are you rebranding your business? Do you want to shed the timeworn company image? Are you trying to recover from a bad image? Be Clear on What Your Brand Is All About.

Technical Review 149

Technical Review Software Review Bankruptcy Equity 149

The Startup Magazine

FEBRUARY 24, 2020

Stability can be hard to define, but there’s a wide variety of things that lenders might assess when mulling the prospect of giving you a loan; the stability of your residential situation, for instance, could determine if you get a loan by proving to lenders that you’re unlikely to skip town and move elsewhere before your brand can turn a profit.

Bankruptcy 148

Bankruptcy Technical Review Security Finance 148

Startup Professionals Musings

JANUARY 17, 2015

During that period, it is very difficult for either party to get out of the deal, since there is no public market for the stock, and business divorces normally mean bankruptcy. Startup equity investments imply a long-term business relationship, lasting an average of five years. Marty Zwilling First published on Entrepreneur.com on 1/9/2015.

Technical Review 120

Technical Review Due Diligence Startup Term Sheet 120

Both Sides of the Table

AUGUST 9, 2011

Lehman Brothers had filed for bankruptcy. And just when I thought I had the deal that was worthy of bringing to investment committee the world changed. It was September 2008. The market had tanked. It was many events that led to the crash but perhaps this was the pin that pricked the market.

Stock 305

Stock Technical Review Marketing Greece 305

YoungUpstarts

MAY 8, 2014

Or a key vendor declares bankruptcy. You can pour your heart and soul (and life savings) into a venture, do all your due diligence, toil 80- and 90-hour weeks, and just when you’re on the verge of a breakthrough, a dark horse competitor sweeps in and decimates your market share. Or a partner defects with your top client.

Technical Review 254

Technical Review Entrepreneur Florida Cofounder 254

The Startup Magazine

MARCH 8, 2024

Poorly managed debt can lead to financial strain, decreased creditworthiness, and even bankruptcy. By strategically leveraging debt, businesses can access the capital needed to invest in new opportunities, expand operations, and increase profitability. While debt can provide necessary funds for expansion, it also comes with risks.

Finance 147

Finance Technical Review Metrics .Net 147

The Startup Magazine

MAY 11, 2020

A debt-reconstruction company will charge a fee, however, it is cheaper when compared to the hassle of filing for bankruptcy. They will also set automatic withdrawals in your accounts to ensure you pay the bills on time. Consider loans as investments that should earn profits instead of high-interest rates.

Software Review 123

Software Review Small Business Management Bankruptcy 123

The Startup Magazine

JUNE 28, 2019

Unfortunately startups too often end up in bankruptcy. In these cases, it is very important that one hires a bankruptcy lawyer so that they do not lose their property in case they owe so much that they are unable to pay. Here are 6 questions to ask before you hire a bankruptcy lawyer: What strategies is the attorney well versed with?

Bankruptcy 128

Bankruptcy Hiring Conversion Startup 128

The Startup Magazine

APRIL 29, 2019

Bankruptcy is an often misunderstood practice you don’t run up debts and then just magically go bankrupt it is much more complex. Let’s look at some of the answers to common bankruptcy law questions in more detail. Does a bankruptcy clear all debts? If your debts are lower you might see your petition for bankruptcy get rejected.

Bankruptcy 116

Bankruptcy Equity Security Government 116

The Startup Magazine

APRIL 8, 2021

If a business or person is unable to pay off their debts, then they may be forced to liquidate or declare bankruptcy. The purpose of liquidation and bankruptcy are actually quite similar, although the way that both are applied are not the same. What is bankruptcy? What are the types of bankruptcy? Source: Pexels.

Bankruptcy 135

Bankruptcy Revenue Distribution Operations 135

YoungUpstarts

DECEMBER 2, 2014

In fact, since 2000, more than 10 million Americans have filed personal bankruptcy due to their employers’ failed health insurance plan. For many, it’s been a struggle. But the Affordable Care Act has changed the game.

Software Review 224

Software Review Employee Retention Government 224