newchip bankruptcy - Search
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  2. Chapter 11
    • According to 2 sources
    Newchip entered into bankruptcy liquidation last week. The Austin-based company rebranded as Astralabs, doing business as Newchip and Newchip Accelerator, filed for Chapter 11 bankruptcy reorganization on March 17th, listing $1.7 million in total assets and $4.8 million in total liabilities, according to its filing.
    Newchip, based in Austin TX, rivaled it as one of the largest, with a radically different business model. On March 17, Newchip (under its corporate name of Astralabs) filed for Chapter 11 bankruptcy protection from creditors. This would allow the company to restructure and continue operating.
     
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  4. This Austin accelerator made big claims; employees and …

     
  5. Newchip’s bankruptcy serves as a cautionary tale to founders

  6. They thought they were joining an accelerator - TechCrunch

  7. Newchip Enters Into Bankruptcy Liquidation - SiliconHills

    WebMay 13, 2023 · By Laura Lorek, publisher and senior writer of Silicon Hills News. Newchip entered into bankruptcy liquidation last week. The Austin-based company rebranded as Astralabs, doing business as Newchip

  8. Austin startup accelerator Newchip collapses amid bankruptcy …

  9. ASTRALABS Under Andrew Ryan's Leadership Prevails in Final …

  10. Newchip Collapse: A Cautionary Tale About Startup …

    WebJun 15, 2023 · It's been ordered to shut down and liquidate while under the shadow of Chapter 11 bankruptcy, leaving a sea of startups high and dry. These startups, who'd shelled out anywhere between $8K to $20K, were …

  11. Understanding Newchip’s Journey Through A Takeover

  12. Newchip CEO Andrew Ryan Accused of Sexual …

    WebJun 12, 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 virtually all of its employees in...

  13. The Rise and Fall of Newchip Accelerator | by DC Palter ...

  14. Newchip's bankruptcy is a cautionary tale for founders

  15. ASTRALABS Inc | Free Bankruptcy Petition- Chapter 11 Filing …

  16. Newchip accelerator scam: Here's what I recommend to other …

  17. TechCrunch Minute: Newchip, Techstars and what happens …

  18. Newchip Online Accelerator Hits a Dead-end: Files for Chapter 7

  19. Newchip Online Accelerator Faces Bankruptcy and Controversy …

  20. Austin Startup Accelerator Newchip Collapses Amid Bankruptcy …

  21. ASTRALABS Raises $100,000 in First 6 Hours - PR Newswire

  22. Michael C.’s Post - LinkedIn

  23. Silicon Valley Bank collapse: Treasury, Fed and FDIC ... - ABC …

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