Quote:
Originally Posted by SomeCreep
They're fucked, but hey that's capitalism. Even at their current market cap of $10M, I think the company is overvalued by at least 50%. Last I checked, they had a ridiculous amount of debt. They failed to innovate in a way that distinguished them from their peers. I praise Lars for cashing out when he did. Btw, what ever happened to Lars??
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Most of the debt is owed to the founding partners. I don't think they will go under but the vehicle for holding the company might change.