Tarte Cosmetics was technically bankrupt every other month in 2008 and 2009
Maureen Kelly · Tarte Cosmetics: Maureen Kelly · Jan 23, 2023 · at 1:12:30
Maureen Kelly, founder of Tarte Cosmetics, describes the severe cash flow volatility the company experienced during 2008 and 2009 despite strong top-line revenue.
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“We were technically bankrupt like every other month for 2008 and 2009.”
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