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by fngjdflmdflg
688 days ago
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>liquidation preference. How much did employee shareholders get? I'd guess zero. But they aren't filing for chapter 11? I assume all shareholders will be bought out, including the employees, and this will be paid for by Google who will license their models, presumably as a scheme to pay off of the investors as I doubt they actually need those models at all. (assuming the linked source is correct.) |
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