ConversionXL

DECEMBER 7, 2017

In 2015, 9-figure apparel retailer Karmaloop.com filed for bankruptcy. The post Tripwire Marketing: From Bankruptcy to Over 1 Million Dollars in Profits in One Year appeared first on CXL. The company had been bleeding cash, losing six figures per month. That summer a private equity fund acquired the assets of the company.

Bankruptcy 106

Bankruptcy Marketing Campaign Intellectual Property 106

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

Startup Professionals Musings

FEBRUARY 4, 2012

Founders with bad credit, active lawsuits, or recent bankruptcies dramatically increase the risk. Investors will validate pre-existing investments and stock ownership to create an accurate market capitalization sheet for your company. As you go through the due diligence process, there are some practical tips to keep in mind.

Technical Review 237

Technical Review Due Diligence Intellectual Property Private Equity 237

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

Startup Professionals Musings

OCTOBER 22, 2010

Founders with bad credit, active lawsuits, or recent bankruptcies dramatically increase the risk. Investors will validate pre-existing investments and stock ownership to create an accurate market capitalization sheet for your company. As you go through the due diligence process, there are some practical tips to keep in mind.

Technical Review 225

Technical Review Due Diligence Intellectual Property Private Equity 225

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

Startup Professionals Musings

JULY 7, 2012

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort.

Bankruptcy 221

Bankruptcy Salary Operations Employee 221

Startup Professionals Musings

FEBRUARY 1, 2011

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort.

Bankruptcy 220

Bankruptcy Entrepreneur Salary Operations 220

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 Development Software Developers 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

SEPTEMBER 8, 2010

Another prominent CEO was on the verge of both company & personal bankruptcy when we had lunch. I helped keep her calm down and we focused on other possible outcomes (we eventually got the company sold for more than $7 million and she owned half of it). He and his family had guaranteed a personal loan on the company.

Ireland 319

Ireland Sales Bankruptcy Germany 319

View from Seed

SEPTEMBER 12, 2017

In 2017 alone, we’ve seen widespread store closures or bankruptcies from apparel retailers, including: True Religion. We are currently seeing the most rapid collapse of retail since the Great Recession, due to the internet changing consumer demand and purchasing patterns. Ascena (Ann Taylor, Loft, Dress Barn, Lane Bryant, Justice, etc.).

Internet 209

Internet eCommerce Bankruptcy Technical Review 209

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

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

Startup Professionals Musings

AUGUST 10, 2013

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort. Marty Zwilling.

Bankruptcy 206

Bankruptcy Startup Salary Operations 206

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

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

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 108

Bankruptcy Los Angeles Technical Review Marketing 108

The Startup Magazine

JULY 26, 2021

Due to lockdowns, layoffs and other measures forced by the virus, some manufacturers had to pronounce bankruptcy and completely stop their business actions. Due to COVID-19 pandemic, many companies found themselves on thin ice. This pandemic might be slowly dying down, but the future probably carries other issues we can’t yet predict.

Cost 159

Cost Technical Review Bankruptcy Lean 159

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 124

Entrepreneur Software Review Las Vegas Bankruptcy 124

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

Both Sides of the Table

MARCH 2, 2011

Fred Wilson seems to be more similar to me because he often writes about email bankruptcy, priority inbox & other topics about how to deal with email. It’s the only way I can survive. Or at least remain productive and balance all of my priorities. Including today with his post, “ How to get your email read.&#.

Email 287

Email Bankruptcy Equity Technical Review 287

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 126

Technical Review Bankruptcy Reputation Management 126

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

Both Sides of the Table

MAY 28, 2018

Having too little demand leads to bankruptcy. I always advise people to ask for slightly less than they need because if your ask is reasonable and you get multiple firms interested then it’s easy to increase round size and valuation later in the process. Every VC wants to fund a deal that seems to have too much demand.

Burn Rate 247

Burn Rate Valuation Pre-Money Valuation Dilution 247

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

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

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 Development Software Developers Software 62

YoungUpstarts

SEPTEMBER 10, 2013

For a startup, sustained revenue is of paramount importance: a paucity of sales in one month could lead to bankruptcy the next. By Scott Tarlow, founder, president and CEO of Success Systems. For any business, revenue matters. To prevent disaster, it’s essential for startups to lock down a big client as soon as possible.

Security 147

Security Bankruptcy Startup Revenue 147

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