Baki sab thik ? • 1y
Distress deal: when a startup is sold quickly and at a lower price because it's in financial trouble. Here, A loss-making company tries to escape bankruptcy by selling itself and buying company benefits from a very low valuation purchase.
Founder-Hexpertify.c... • 1y
"42 Billion Dollars to Zero" Billions To Bankruptcy #1 RISE and FALL of Anil Ambani Anil Ambani is the youngest brother of Mukesh Ambani.After the death of Dhirubhai Ambani the company was split equally driven by a feud between the brothers over c
See MoreTrying to do better • 8m
Day 7 About Basic Finance and Accounting Concepts Here's Some New Concepts 8. Liquid Assets Easily convertible into cash without a significant loss in value. Examples: cash, cash equivalents, and accounts receivable. 9. Illiquid Assets Assets
See MoreFounder-Hexpertify.c... • 1y
"Apple was 90 Days away from Bankruptcy" Bankruptcy to Billions #5 Steve Jobs Returns To Save Apple Steve Jobs was fired from Apple in 1985 due to a power struggle with CEO John Sculley.The board of directors sided with Sculley,Fired Jobs of his ma
See MoreHey I am on Medial • 10m
When you hear that a company went bankrupt, many of you will think is that the company sold all their assets, paid their creditors what they had and just stopped the running the company. But that's Chapter 7 bankruptcy or liquidation and that's not
See MoreFounder-Hexpertify.c... • 1y
"The Hero Who saved a Airline Twice" Bankruptcy to Billions #6 Ajay Singh returns to save SpiceJet Ajay Singh Bought ModiLuft(bankrupt Airline) and renamed as Spicejet with three leased aircraft, and Rs 10 crore of investment.SpiceJet took off on 2
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