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What Is Corporate Bankruptcy?

YoungUpstarts

The legal process by which a company declares that it is unable to pay its debt and need some relief is termed as corporate bankruptcy. After filing bankruptcy one may become debt free. Filing bankruptcy is not a failure; it is a way to restart your life. Two types of bankruptcy: Chapter 7: The U.S It will help him a lot.

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7 lessons we learned from the bankruptcy of Whatser

The Next Web

Although we got some early traction, we were unable to prevent a bankruptcy from happening in October 2011. One person cannot be the best lawyer, product developer, finance person, user experience designer, visual designer, business developer and sales person all at once. Most start-ups fail.

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How to Wisely Utilize Debt for Business Expansion

The Startup Magazine

Poorly managed debt can lead to financial strain, decreased creditworthiness, and even bankruptcy. Equipment Financing: Leveraging Assets for Growth Equipment financing allows businesses to purchase or lease equipment needed for expansion without tying up capital or resorting to large upfront payments.

Finance 147
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Bending over: How to sell to large companies

A Smart Bear: Startups and Marketing for Geeks

If you can't stomache any risk of personal bankruptcy, incorporating your micro-ISV is a must. Tags: Guest Posts How-To finance pricing sales. "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. What other techniques do you have?

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Why You Should Background Check Your Business Partner

YoungUpstarts

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.

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My Life as a CEO (and VC): Chief Psychologist

Both Sides of the Table

Another prominent CEO was on the verge of both company & personal bankruptcy when we had lunch. We obviously had the debate about whether these functions could be centralized but either strategy has its trade-offs. This is akin in the US to having sales staff in NY, SF & LA with your HQ in one of these locations.

Ireland 319
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How Much Should You Raise in Your VC Round? And What is a VC Looking at in Your Model?

Both Sides of the Table

Having too little demand leads to bankruptcy. Most VCs lead one round of financing in your company and are looking for other VCs to lead subsequent rounds. Will these milestones be enough that a VC would pay a higher price in the next round of financing? Every VC wants to fund a deal that seems to have too much demand.

Burn Rate 247