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Newchip, an online accelerator promising to help startups, has filed for bankruptcy and is now facing insolvency amid employee and client discontent. Dozens of employees of the troubled... See more
It isn’t just employees who say they were burned by Newchip. Andrew Goei, founder of PitchPages, a pitch deck and fundraising software … See more
Though the employee group has more recently gone public with their grievances, they make claims of mismanagement going back years, including the clawback of sales commissions … See more
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Newchip Enters Into Bankruptcy Liquidation - SiliconHills
WEBMay 13, 2023 · The Austin-based company rebranded as Astralabs, doing business as Newchip and Newchip Accelerator, filed for Chapter 11 bankruptcy reorganization on …
WEBMay 12, 2023 · The company, legally known as AstraLabs Inc., has been dealing with a Chapter 11 bankruptcy business reorganization case that started on March 17. On May …
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- Works For: Austin Business Journal
- Occupation: Editor, Austin Inno
WEBMar 13, 2024 · In a definitive ruling by the United States Bankruptcy Court for the Western District of Texas, Austin Division, the Honorable Judge Shad Robinson ruled in favor of …
WEBFeb 8, 2024 · Austin, Texas-- (Newsfile Corp. - February 8, 2024) - In a definitive ruling by the United States Bankruptcy Court for the Western District of Texas, Austin Division, …
WEBPublished May 12, 2023. To our Startups, our Mentor, and Investor Communities, I deeply regret to inform you that our company Newchip Accelerator after 6+ years of supporting …
Newchip Collapse: A Cautionary Tale About Startup …
WEBJun 15, 2023 · Newchip, once strutting its stuff alongside the big guns like Y-Combinator, found itself in a real pickle. It's been ordered to shut down and liquidate while under the shadow of Chapter 11 bankruptcy, leaving …
WEBMay 18, 2023 · By all accounts, they didn’t get much of that from Newchip, whose parent Astralabs last week entered into Chapter 7 bankruptcy, leaving creditors owed $4.8 …
The Rise and Fall of Newchip Accelerator | by DC Palter ...
WEBMay 13, 2023 · Newchip rivaled Y-Combinator as one of the largest startup accelerators. But on May 11, it was ordered shut down by a bankruptcy judge amidst recriminations by …
Newchip CEO Andrew Ryan Accused of Sexual Harassment, …
WEBJun 13, 2023 · Once described as “Shark Tank for everyday Americans,” Newchip is now being liquidated by a U.S. bankruptcy court after racking up millions in debt and losing …
Understanding Newchip’s Journey Through A Takeover
WEBJun 12, 2023 · Understanding Newchip Accelerator Takeover & ASTRALABS Bankruptcy: Insights from Andrew Ryan. Andrew Ryan. ·. Follow. 7 min read. ·. Jun 12, 2023. Image …
ASTRALABS Inc | Free Bankruptcy Petition- Chapter 11 Filing …
WEBOn March 17, 2023 ASTRALABS Inc dba Newchip filed for chapter 11 protection in the Western District of Texas (Case No. 23-10164). The Petition states funds will be …
Newchip accelerator goes bankrupt - this is how they tried
WEBMay 17, 2023 · In August 2022 I was approached by a sales manager from Newchip - an accelerator program claiming to have helped over 5000 startups globally.
Newchip Online Accelerator Faces Bankruptcy and Controversy …
WEBMay 19, 2023 · Newchip, the online accelerator that promised to assist startups, is currently facing insolvency and has filed for bankruptcy. The organization has been met with …
Austin Startup Accelerator Newchip Collapses Amid Bankruptcy …
WEBMay 15, 2023 · Austin Startup Accelerator Newchip Collapses Amid Bankruptcy Case, Takeover Attempt. Monday, May 15, 2023. Article Tags: Claims. Bankruptcy Litigation. …
Wood Ranch Medical Announces Permanent Closure Due to …
WEBSep 30, 2019 · The devastating attack occurred at Wood Ranch Medical in Simi Valley, CA, which recently announced that the practice will permanently close on December 17, …
Silicon Valley Bank collapse: Treasury, Fed and FDIC ... - ABC …
WEBMar 12, 2023 · Silicon Valley Bank, the 16th largest bank in the country, failed on Friday and was taken over by the FDIC, after a run on the bank Wednesday and customers …
Michael C.’s Post - LinkedIn
WEBShortly after I started posting and sharing serious material related to the financial and alleged sexual crimes committed by Andrew and other executives at ASTRALABS …
Best Simi Valley, CA Bankruptcy Attorneys | Super Lawyers
WEBFree profiles of 7 top rated Simi Valley, California bankruptcy attorneys on Super Lawyers. Browse comprehensive profiles including education, bar membership, awards, …
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