Comment on Ask HN: Do dead YC companies sell their brands/IP?parentComments−morgante2yI don't think bankruptcy is the norm, since most startups don't fail with outstanding debt.−SoftTalker2yDebt in the sense of formally borrowed money? Maybe not. But unpaid invoices, rents due and lease obligations, possibly even payroll due, I think would be pretty common.
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I don't think bankruptcy is the norm, since most startups don't fail with outstanding debt.
Debt in the sense of formally borrowed money? Maybe not. But unpaid invoices, rents due and lease obligations, possibly even payroll due, I think would be pretty common.