10,000 Startups: Legal Strategies for Startup Success

Comments on the Astralabs/Newchip warrant litigation

Roger Royse

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My comments on accelerator warrants. The Astralabs or Newchip accelerator is in a chapter 7 liquidating bankruptcy. The Bankruptcy Court ordered a sale of the accelerator's main asset, i.e. its warrants taken in its startup company participants. This case illustrates the tremendous vallue in accelerator warrants.