> “Checks were not cashed in a timely manner or just lost altogether,” one of the people told TechCrunch. “We were often scrambling to find checks, credit card receipts and any wired funds a few months after a vehicle was sold.”
Getting paid is a company’s no. 1 business.
If you don’t have money coming in, you only have money going out. And that – as everyone should understand – is unsustainable.
Plenty of good companies have gone bankrupt due to poor cash flow or cash management.
3 Comments
They didn’t find them. Did they?
> “Checks were not cashed in a timely manner or just lost altogether,” one of the people told TechCrunch. “We were often scrambling to find checks, credit card receipts and any wired funds a few months after a vehicle was sold.”
Getting paid is a company’s no. 1 business.
If you don’t have money coming in, you only have money going out. And that – as everyone should understand – is unsustainable.
Plenty of good companies have gone bankrupt due to poor cash flow or cash management.
RIP r/FiskerInvestorsClub