This Is What Happens When a Startup Dies

Bullish:

• $LIQUIDATION - Liquidation services are valuable, especially when engaged early. They can create more value and conduct a more thorough search for potential buyers when companies have a longer cash runway.

  • “Coming to us earlier rather than later is always wise. You only have as long as your cash runway allows you to be there. So if you have six months worth of cash instead of six weeks worth of cash, I can do a more thorough search. I can come up with potentially other buyers, create more value.”

    David·46:53
• $BANKRUPTCY - Bankruptcy law services are increasingly important, especially for companies dealing with sensitive data. Bankruptcy courts provide necessary oversight and decision-making authority in complex cases.

  • “That's a case that belongs in bankruptcy court. Oh, okay. Because you've got a judge who will make the decisions for you. I don't want to be responsible for selling personal identifiable information without someone telling me it's Okay.”

    David·42:13

Bearish:

• $SCOOTERS - The scooter business model faces significant challenges, with abandoned assets and difficulties in finding buyers for failed companies' scooters.

  • “We didn't find anybody interested enough in the local business here. And after a lot of searching and a lot of bill paying and a lot of landlords locking up the scooters, to my knowledge, those scooters are still sitting on the corners of Los Angeles and Washington, D. C. And maybe at the bottom of the road. And unusable.”

    David·39:54