The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Tradelite who wrote (16597)	2/4/2004 12:23:22 AM
From: Conan	Read Replies (1) of 306849

Tradelite, your observations strike close to home. I worked for a startup that made all the mistakes you mentioned. The greedy VCs were taunting management about expanding faster so they could flip the company in the public markets. When those markets collapsed the company had a surplus of office furniture, leases, and corporate logo crap. Employees were the easiest surplus to liquidate. Conan

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