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Where does the money come from to pay for that? As an employee, would you want to work for 6mo, for no promotions, bonuses, stock?

Seems like they could have had huge layoffs, to try to maintain, but maybe they thought the sale would go through before the shutdown, meaning no one gets laid off.

But the buyer waited until after the shutdown to grab it



From the fees the customers are paying for the bookwork.


If they were profitable, then they wouldn’t have shut down…

Presumably, their cost to serve was higher than what their customers were collectively paying.




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