Bandwidth Barn News & Discussion Board

Just another WordPress.com weblog

When Bankruptcy Gives A Start-Up New Life

leave a comment »

After seeing the company he helped found, Recordant Inc., slide into bankruptcy, Marc Wallenstein has purchased its assets and plans to restart the company – but differently this time. Wallenstein, one of the first four employees and former vice president of sales at Recordant, a provider of sales analytics technology, said he purchased the company’s patents, software and trademarks at a bankruptcy auction last month for $1,000…

Read full article:  http://blogs.wsj.com/venturecapital/2009/05/11/when-bankruptcy-gives-a-start-up-new-life/?mod=rss_WSJBlog

Advertisements

Written by bandwidthbarn

May 12, 2009 at 6:05 pm

Posted in Entrepreneurship

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

%d bloggers like this: