Originally Posted by
MKY661
It is obscene but somehow typical of the way in which our very flawed capitalist system works, when a business that owns a company that unfortunately folds show make any money, not a single penny from that bankrupt business. Any cash left after the sale of assets should you to the creditors, that should never include the former owners.
Frankly it stinks. And it's not the first time that Greybull, and I feel sure, other venture capitalist companies have attempted to make money from the bankruptcy of a business they own.