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
"GAMBLING with the Last 5000 dollars"
Bankruptcy to Billions #3
FedEx Turnaround from Bankruptcy
FedEx was founded in 1971 by Frederick W. Smith.Smith's concept was to create an integrated air-to-ground system specifically designed for overnight de
Me: Closes the lid.
Laptop: Still running for 3 weekqs
0 replies15 likes
Saksham
Legal Advisor! • 10m
Hey Entrepreneurs! I'm running a survey on the legal issues business owners are facing. Do drop the legal issues you're currently facing in your businesses!!
0 replies4 likes
Udyamee
Baki sab thik ? • 10m
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.
DID YOU KNOW !
Nvidia, the world's second-largest company by market capitalization, considered declaring bankruptcy in the early 1990s. Their initial chip, the NV1, was a commercial failure.
the only idea which can be revolutionary in job sector is changed the 100 years old british india education system
3 replies14 likes
Harshavardhini Manickam
Student | AI-Machine... • 10m
Even though the name has changed to 'X,' we can't get over the fact that it is still called 'Twitter,' right? 😭😭🤌
25 replies18 likes
Armaan Nath
Founder's Office | P... • 10m
Does marks matters!?
What's your take on this topic 'cause in every college almost every student is running after marks and not focusing on the skills which industry actually requires.
Honestly I don't think that marks actually matter but still the
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4 replies8 likes
Vishu Bheda
Transforming vision ... • 11m
One interesting fact- employees are paid salary firstly in the starting of the month , and owners will get money which is leftover after paying salaries to employees and after paying all the taxes, interests etc.
And still after that owners are rich