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When there's no buyer what happens to all the code/IP?

I mean there must be something functional anyway at this point no matter how lean and mean.

This…not to mention NOLs, contracts, MSAs, etc. At some level there is a market price for these “assets”. Maybe we need an eBay for near bankrupt startups? The bankers aren’t getting it done.

what's an NOL?

https://www.investopedia.com/terms/n/netoperatingloss.asp

> When there's no buyer what happens to all the code/IP?

I'll start the bidding at $1

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