What's the bet they pocketed most of that money and then closed.
this post was submitted on 31 Jul 2023
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When you are a leech of the people, you can't be punished, right?
Leeches of the people get a pass, because theyβre a sad βΉοΈ
I know of at least one orange dude that just about nothing has happened to for what... seven years now? So yeah, guess it tracks.
What's their burn rate that they're going bankrupt after 700M in cash?
At 30,000 employees that's only $23,000/person. I'm sure payroll alone is well North of $700M per year.
Thanks for doing the math
I'm sure I can find it in the article but what kind of bankruptcy? Are investors walking away with bruises?
Stock fell on Thursday, declared bankruptcy Friday.