How a $100M exit disappeared overnight

It was a perfect confluence for decisions that made sense by my CEO in the moment. He put off paying some salaries to some bonuses to some employees, and, and it ended up putting us in a position where legally we could not stay in business. Mm-hmm. And a lot of this was like, when cash flow turns around, a lot of things go south quickly. So I woke up in the fall of 2022 realizing I was being named on lawsuits that I didn't even know were a problem. And I had to go to our investors and I'd go to the board of directors and explain, here's what you thought and here's what actually happened. But the more important part was in the month when you call 30 investors and you have to tell them that $100 million or that $80 million exit is actually gone.