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S1 E5: Navigating Bankruptcy, Why Startups are Stupidly Overvalued, and the Klayviyo/Shopify Breakdown
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What Happens When a Business Goes Bankrupt?
When a business goes bankrupt, there's actually another company that tries to sell it. Usually you see brands trying to get sold for parts. You know, sometimes it's the emalle or the logo that's worth some money. Sometime its the inventoriy rarely is it sold as a going concern, although it is once in a while. But whenever i get on a call like this, i'm always pretty excited about the opportunity.
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