15min chapter

Limited Supply cover image

S6 E2: From Billions to Bankruptcy: How SmileDirectClub and Dollar Shave Club Fell From Grace

Limited Supply

CHAPTER

The Bankruptcy of SmileDirectClub

This chapter explores the financial downfall of SmileDirectClub due to the COVID-19 pandemic and legal issues. It discusses the company's bankruptcy declaration after facing a decline in revenue, a lawsuit from Envisalign, and challenges in raising money. The chapter also compares the strategies of different companies in the orthodontics market and mentions the creditors that SmileDirectClub owes money to.

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