The latest craze in Silicon Valley: Bankruptcy
Venture capitalists who once considered an unthinkable breach of decorum to put a company in bankruptcy now see it as a way tosalvage what they canfrom their would-be unicorns. While most tech startups consist of little more than leased office space, some yoga balls and a bunch of promising ideas, their intellectual property can generate hard cash in an auction.(Forbes)
Venture capitalists who once considered an unthinkable breach of decorum to put a company in bankruptcy now see it as a way tosalvage what they canfrom their would-be unicorns. While most tech startups consist of little more than leased office space, some yoga balls and a bunch of promising ideas, their intellectual property can generate hard cash in an auction.(Forbes)
