By Larry Chiang
In the trailer for GirlBoss, “Nasty Gal” founder is portrayed as buying a leather jacket for $12 and selling it for $500++
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Kay Angrum (@kayangrum) |
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Despite the bankruptcy/biz stuff going on at Nasty Gal, there are still gems to 📝 in #GIRLBOSS. pic.twitter.com/aD2VDjkUIU
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Larry Chiang (@LarryChiang) |
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#DuckBK. #LarryChiang say: “Bankruptcy is common! When sales 🎢 skyrocket, there’s 🔥🔥…, bc when sales 2x, receivables rise 3x” #cs183fanfe twitter.com/kayangrum/stat…
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Bankruptcy. When sales skyrocket, there is a danger to crashing and burning. When your sales double, your receivables triple. If the receivables default, you default.
Thus, bankruptcy.
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