Bankruptcy can definitely be in the creditor's interest. It can take possession ... | Hacker News

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vm on Dec 1, 2017 | parent | context | favorite | on: Things Many People Find Too Obvious to Have Told Y...

Bankruptcy can definitely be in the creditor's interest. It can take possession of the company's assets, and then sell them off to recover principal (in addition to many other outcomes - bankruptcy is complicated).

Debt incentives do not align with equity.

thecrazyone on Dec 5, 2017 [–]

I don't equity investments align in interest either - among Founders, angels, VCs, PEs and public shares.

There's enough material to backup the struggle between any of these entities

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