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A look at how proptech startup Knotel went from a $1.6B valuation to filing for bankruptcy

TechCrunch

Jonathan Pasternak, a partner in the bankruptcy, restructuring and creditor rights group at New York-based Davidoff Hutcher & Citron, believes the company’s Chapter 11 filing was inevitable despite it reaching unicorn status after raising $400 million in Series C funding in August 2019. and international markets.”.

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