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Bidenbot Company Goes BK

Posted: Wed Oct 25, 2023 9:11 am
by pete
Hippies have no clue how to run companies

https://fortune.com/2023/10/23/hello-be ... ankruptcy/

Baby products company Hello Bello, founded by actress Kristen Bell and actor Dax Shepard, filed for bankruptcy after it struggled to overcome high shipping and production costs.

The Los Angeles-based company, backed by private equity firm VMG Partners, listed assets and liabilities of at least $100 million each in its bankruptcy petition on Monday. The filing protects the company from creditors while it tries to sell itself out of bankruptcy.