Re:How to proceed when you run out of cash, but you still be...
by JoshTko on Wednesday December 04, 2019 @02:08PM
(#21705782)
GP is trying to subtly let you know that you've significantly reduced negotiation leverage with any potentially interested party. There no benefit to you to publicly state your cash position.
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Re:How to proceed when you run out of cash, but you still be...
by CrazyStat on Wednesday December 04, 2019 @02:11PM
(#21705823)
Any interested party will get access to the books and have that information anyway.
Re:How to proceed when you run out of cash, but you still be...
by TallGuyShort on Wednesday December 04, 2019 @02:34PM
(#21706040)
The buyer, yes. But now they can't even spin this as strategic or synergetic. It's obvious and public that it hasn't been a commercial success yet. Granted, that's usually overstated and I don't think it makes much of a difference to most people. But it's something.
But hey - we all got an interesting read out of it.
Re:How to proceed when you run out of cash, but you still be...
by CrazyStat on Wednesday December 04, 2019 @04:41PM
(#21707419)
That's a reasonable point, but it's not the argument that was being made (and that I was responding too).
Re:How to proceed when you run out of cash, but you still be...
by kryptiskt on Wednesday December 04, 2019 @02:19PM
(#21705889)
Weakness can be a kind of leverage. If the interested party knows that the company has weeks to live, they are forced to make a quick decision or lose out on the opportunity permanently.