₿lockheight: 763,568
Related Posts
Memo to Robinhood traders: “Bankruptcy” usually means the equity gets wiped out
Quick primer on how it works, given Hertz is about to pull the world’s first Initial Bankruptcy Offering: The senior debt holders are first in line …
Munchery is over.
On demand food delivery start-up Munchery is bankrupt and shutting down effective immediately. They’ve burned through $125 million in VC, their last round was $87 million in 2015 at a $300 million valuation.
Apparently the early effects of this …
Bloomberg: WeWork floats “governance change” to salvage IPO
As per Bloomberg: WeWork desperately scrambles to salvage an IPO being spurned by the investing public by floating a “governance shakeup” although any reforms would still leave Neumann with total control over what happens because of the share structure. Also, the article opines that nobody is sure what governance changes remain to be made, given that “The company already has taken some steps, such as adding a woman to its board and having Neumann return…