Quote Originally Posted by Don Dolla View Post
Do you think these bigger companies like BFS, Rapid, Greenbox, Everest and Mantis that all stopped funding this week, are they tapping out from the market or more from overhead costs they can't sustain? I think the cost of not funding for these bloated companies with large administrative costs is shutting these guys down the most.
Didn’t one just open a tech center in Canada-huge overhead. Also what’s interesting in the stimulus bill is that the small business loan/grant program only applies to companies with less than 500 employees. But if private equity owns >50% the company is grouped with the rest of the portfolio companies so if a company has 200 employees but majority ownership is a PE/VC firm the company is ineligible.