They Were Acquired... And Then The Buyer Went Bust

Mar 19, 2018, 07:00 AM

The apparel startup Richer Poorer thought it had found the perfect deal: A fast-growing e-commerce brand wanted to buy it, offering an influx of cash and resources while leaving the founders in control. But after the deal went through, a nightmare scenario folded: The new parent company started to collapse. In this episode, we learn how Richer Poorer's founders put the wheels in motion to get out—and saved their company just in time.