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Re:Startup Restructuring 101 by hef19898 on Sunday November 27, 2022 @08:04AM (#33762694)
Yeah, most (some?) suppliers and vendors will take the deal. It does show two things so, first those vendors of a bankcrupt start-up are actually much more sustainable, and grown up, businesses than the start-up. And two, one has to negotiate those deals with suppliers, good simply defaulting on a couple of invoices without as much as shrugg emoji in the lead up to an actual bankcruptcy proceeding.

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