[DebtDeflation]

Circumvents regulatory oversight and also shafts 99% of the employees. Seems to be a backdoor way to acquire the key founders/leaders and IP (via a perpetual license) while leaving behind a desiccated husk of rank and file employees, customers, and obligations.

[bananapub]

it's super shitty by management to flee, but given that most startups fail, this startup maybe not-failing really isn't a "shafting".