1:21:59it would be easier if somone from the inside just leaks them instead of going the full legal way
1:22:26Wouldn't that be like debt consolidation or arbitration?
1:22:59Government, please save me from the bank.
1:23:00if you are really good, Santa may help
1:23:15For Novel Horizons' debt, could they refinance to help stymie the bleeding?
1:23:18but personal responsibility is hard and cringe
1:23:29Kind of like calling an ambulance in the US costs an arm and a leg
1:23:32What are the consequences of declaring bankruptcy repeatedly? it seems like an escape out of jail card for the outside
1:23:34Yeah, venture capitalists, aka VULTURE capitalists.
1:23:34Same, shit or get off the pot.
1:23:35theres been a lot financing talk in phase streams lately
1:23:38refinancing doesnt help if the underlying business really isn't making money
1:23:46Dizzys inner self slipping out
1:23:50I wonder if the SBA is involved
1:23:51bankruptcy is just a way for business owners to not get their kneecaps broken
1:23:59good luck selling a business if they have liens
1:24:08Private equity = eventual bankruptcy
1:24:11@Lilmspopkornman111 MULTIPLE Lia's? one is crazy enough
1:24:22Doesnt it also TANK your credit?
1:24:23Can you get sued or jailed if you are a serial bankruptcy claimer?
1:24:26Ever since Elon bought Twitter he's become the Deus Ex Machina of angel investors swooping in and saving businesses used by dorks like us lmao :face-blue-smiling:
1:24:37Curious on how Good Smile can make so many figures, some really cheap, and be ok, could Phase work with them in the future?:_dizPien:
1:24:38A lot of businesses sadly fail
1:24:40just comes with the territory
1:24:41@isawriverscuomo SBA is just a guarantor of a loan, which helps a bit, since small businesses collapse that frequently.
1:24:45Was the timing of Novel Horizons peak during covid? I feel like a lot of businesses fell into the trap of thinking the covid high was going to continue and boy did that not happen
1:24:55Business is hard on the best of days