Avid Amoeba@lemmy.ca to Technology@lemmy.worldEnglish · 6 months agoFounder of 23andMe buys back company out of bankruptcy auctionarstechnica.comexternal-linkmessage-square13fedilinkarrow-up1312arrow-down15
arrow-up1307arrow-down1external-linkFounder of 23andMe buys back company out of bankruptcy auctionarstechnica.comAvid Amoeba@lemmy.ca to Technology@lemmy.worldEnglish · 6 months agomessage-square13fedilink
minus-squareAvid Amoeba@lemmy.caOPlinkfedilinkEnglisharrow-up178arrow-down2·6 months ago Start company. Run it into the ground. Go bankrupt. Buy it back. 📈
minus-squareMrNesser@lemmy.worldlinkfedilinkEnglisharrow-up94·6 months agoDebts are gone might as well
minus-squareCompactFlax@discuss.tchncs.delinkfedilinkEnglisharrow-up29arrow-down2·edit-26 months agoYou missed 2. Sell (IPO)company I’m not sure what he she actually did as far as divestiture, but evidently he wasn’t the current owner. I wonder to what degree unreasonable growth expectations flushed the company.
minus-squareTheTechnician27@lemmy.worldlinkfedilinkEnglisharrow-up5·6 months agoOP, you linked to the comments instead of the top of the article. 💀
minus-squareThePantser@sh.itjust.workslinkfedilinkEnglisharrow-up2arrow-down3·6 months agoSo fraud? They defrauded the investors by destroying it. I bet she sold before the news the company is going under.
📈
Debts are gone might as well
You missed 2. Sell (IPO)company
I’m not sure what
heshe actually did as far as divestiture, but evidently he wasn’t the current owner. I wonder to what degree unreasonable growth expectations flushed the company.She
OP, you linked to the comments instead of the top of the article. 💀
So fraud? They defrauded the investors by destroying it. I bet she sold before the news the company is going under.