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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 startup, said he wanted a refund a few months into the program after he felt he was not getting the promised … See more
Though the employee group has more recently gone public with their grievances, they make claims of mismanagement going back years, … 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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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, …
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 …
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 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 …
Newchip accelerator scam: Here's what I recommend to other …
WEBMay 19, 2023 · Bjorn Erik Hansen, founder and CEO at INTIEM, an AI-based SexTech solution, believes the organization’s business model was an intentional deception. Just a …
WEBJun 12, 2023 · Understanding Newchip Accelerator Takeover & ASTRALABS Bankruptcy: Insights from Andrew Ryan. Andrew Ryan. ·. Follow. 7 min read. ·. Jun 12, 2023. Image …
Newchip's bankruptcy is a cautionary tale for founders
WEBFor months, TechCrunch Senior Reporters Mary Ann Azevedo and Christine Hall have been following the story of Newchip's bankruptcy and its impact on founders and today on …
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.
The Fall of Newchip: Founders Lose Out as Accelerator’s …
WEBDiscover the fallout of Newchip’s bankruptcy as founders are left stranded and dreams shattered. Learn about the promises, controversies, and mismanagement that led to …
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 …
Newchip Online Accelerator Hits a Dead-end: Files for Chapter 7
WEBMay 23, 2023 · Once a promising online accelerator, Newchip has filed for Chapter 7 bankruptcy following Chapter 11 filings earlier this year. The company reported assets of …
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. …
Byju’s valuation shakeup and what’s ahead for WWDC
WEB4 hours ago · Newchip’s bankruptcy serves as a cautionary tale to founders. Theresa Loconsolo. 7:30 AM PDT • May 15, 2024. 22 Min. When Newchip, an online accelerator …
ASTRALABS Raises $100,000 in First 6 Hours - PR Newswire
WEBJan 26, 2021 · This move allows for further expansion such as the acquisition of companies that have previously completed the Newchip Accelerator or other companies that might …
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 …
Bankruptcy Lawyers, Civil Litigation - Steinberg Nutter & Brent ...
WEBWe have experienced attorneys working to give our clients the finest legal representation in Bankruptcy, Business Litigation, Real Estate, Transactional and Civil work.
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, …
California Pizza Kitchen: Bouncing Back From Bankruptcy - Forbes
WEBMay 9, 2023 · When Jeff Warne was named CEO of California Pizza Kitchen in October 2022, his task was pretty clear: rebuild it since it emerged out of bankruptcy on …
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