@KelvMakanjuOla wrote:
I was just reading Jason Njoku's blog about ToLet.com.ng, that property search platform/startup that just raised some doughllars.
In the post, Jason thought the founders wanted to announce the failure of the startup when they visited, and this led him to say "So here we were. The end of the road. Poof goes another $250k." Whaaaaat!!! $250k gone just like that??? This got me wondering and that's why I put up this thread to learn.
When a startup fails, what happens to (1) the founders (2) investors (3) assets, et al.
Happy to hear your thoughts!
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