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0 pointsjohnrgrace4y ago0 comments

I think you've forgotten that with a company you've been given some amazing legal rights by the goverment. If the company goes bankrupt you as founder don't personally have to pay off the debits you get to walk away.

0 comments

nlitened4y ago

As far as I understand, government has very little to do with it. It's a signed mutual agreement between the investor and the founder.

j / k navigate · click thread line to collapse

0 pointsjohnrgrace4y ago0 comments

I think you've forgotten that with a company you've been given some amazing legal rights by the goverment. If the company goes bankrupt you as founder don't personally have to pay off the debits you get to walk away.

0 comments

nlitened4y ago

As far as I understand, government has very little to do with it. It's a signed mutual agreement between the investor and the founder.

j / k navigate · click thread line to collapse