I have already left the company so not worrying about layoffs at least. Is there any obligation to pay back investors for “lifestyle businesses” or can they can continue operating with investor money indefinitely?
I’m not an expert on this but I believe the owners have a fiduciary duty to try to make the investors whole.
I have already left the company so not worrying about layoffs at least. Is there any obligation to pay back investors for “lifestyle businesses” or can they can continue operating with investor money indefinitely?
I’m not an expert on this but I believe the owners have a fiduciary duty to try to make the investors whole.