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A comment on Expect mass layoffs later today, Monday at latest. Parent comment

Re:Expect mass layoffs later today, Monday at latest by dehrmann on Friday March 10, 2023 @08:01PM (#35103793)
> You can then use any legal means to collect

Sure, but if all but $250k of your funds are in limbo and you don't have revenue, there's nothing to collect.

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Re:Expect mass layoffs later today, Monday at latest by flangola7 on Friday March 10, 2023 @08:10PM (#35103884)
Collection can mean arrive with the sheriff and start taking things to sell at auction. Since it pierces the corporate veil, this can eventually include the executives' personal property and bank accounts.
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Re:Expect mass layoffs later today, Monday at latest by Asparagirl on Friday March 10, 2023 @08:19PM (#35103972)
Cut to a scene of fifty angry unpaid devs banding together to file their claim and then standing in the Atherton driveway of their VC and figuring out who gets his art collection, who gets the wine and how much, who gets his watches...
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