What happens when your company’s race car runs out of gas before it hits the finish line? In this episode, Nik and Moiz lift the veil on what happens when a business goes bankrupt, as well as their advice on managing debt and payment terms. 

Join Nik and Moiz as they dig right into their takes on DTC bankruptcies and hacks to manage company debt. On the flipside of that coin, the pair dives into overvalued startups, as well as the latest news on Klayvio and Shopify.

And if you’re looking to create an app for your brand, you need Tapcart. Using a drag and drop builder makes it super easy and you can be up running in days, rather than weeks. You’ll start seeing crazy high conversion rates and a push notification CTR that’s 7 X higher than email. Check out www.tapcart.com today.

Check out the Nik’s DTC newsletter: https://bit.ly/3mOUJMJ

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Follow Nik:

Twitter: twitter.com/mrsharma

Follow Moiz:

Twitter: twitter.com/moizali

Timestamps:

(00:00) - Intro

(02:48) - Bankruptcies and DTC

(07:00) - Nik’s Investment in House

(10:29) - Managing Debt and Payment Terms

(13:44) - Overvalued Startups

(18:49) - How is Valuation Determined?

(21:10) - Shopify’s investment in Klayvio

(28:25) - Coming up Next Week / Outro

Nik and Moiz are Workweek friends, working together to produce amazing podcasts. Find out more, visit: www.workweek.com