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I've participated in a Chapter 10 bankruptcy sale at the software side.

Had to determine how to best part out a website (travel focused) that had a hotel inventory + flight planner that up-and-coming travel websites wanted to leverage to end their reliance on Expedia.



Tell us more! Was it a "highest bidder wins" thing, or just finding anyone interested was hard enough? Did you reach out to potential buyers or they came by themselves?


Yeah it did come down to highest bidders. I am not sure how they were found, since it was a bankruptsy with many debtors involved, there was a few consultant companies involved so I figured it was them.

We essentially took questions and generated a informational "guide" for the buyers, mainly what assets could be sold off individually (think things like domains, images, review data) vs systems which mainly came down to marketing site vs inventory management software.

Tech wise we dug into details like dev/test environments, tech debt, potential challenges with integration into another company. Mainly worked to setup the whole environment from scratch, which was a mess due to being mid migration to cloud + terraform from on prem.




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