Bezos-Backed Startup Convoy Closes Operations with No Buyer

Re:Bezos-Backed Startup Convoy Closes Operations with No Buyer by wg0 on Thursday October 19, 2023 @05:03PM (#37948680)

When there's no buyer what happens to all the code/IP?

I mean there must be something functional anyway at this point no matter how lean and mean.

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Re:Bezos-Backed Startup Convoy Closes Operations with No Buyer by ryandrake on Thursday October 19, 2023 @05:25PM (#37948928)

> When there's no buyer what happens to all the code/IP?

I'll start the bidding at $1

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Re:Bezos-Backed Startup Convoy Closes Operations with No Buyer by __coaxialcabal on Thursday October 19, 2023 @05:13PM (#37948808)

This…not to mention NOLs, contracts, MSAs, etc. At some level there is a market price for these “assets”. Maybe we need an eBay for near bankrupt startups? The bankers aren’t getting it done.

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Re:Bezos-Backed Startup Convoy Closes Operations with No Buyer by umeshunni on Thursday October 19, 2023 @06:02PM (#37949344)

what's an NOL?

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Re:Bezos-Backed Startup Convoy Closes Operations with No Buyer by __coaxialcabal on Saturday October 21, 2023 @02:11PM (#37969189)

https://www.investopedia.com/terms/n/netoperatingloss.asp

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