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A comment on Sell your startup for half a billion and get nothing (2021). Parent comment

Re:Sell your startup for half a billion and get nothing (2021) by mousetree on Tuesday March 05, 2024 @07:14AM (#39602359)
What is meant by "cannot meet its capex obligations"?
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Re:Sell your startup for half a billion and get nothing (2021) by KaiserPro on Tuesday March 05, 2024 @07:35AM (#39602506)
Yeah this perplexed me. If they are up against it, why they are they doing capital expenditure, if they have shit all captial.

I assume its either opex (operating expenses) or they need to buy $big_thing to get to the next stage of growth.

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Re:Sell your startup for half a billion and get nothing (2021) by pc86 on Tuesday March 05, 2024 @09:45AM (#39604090)
"Obligation" implies they have some sort of requirement.
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Re:Sell your startup for half a billion and get nothing (2021) by adastra22 on Tuesday March 05, 2024 @11:30AM (#39605747)
It means they’ve missed payroll. I have no idea why this poster is still working there or even considering this offer.
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