Ask HN: What companies will file bankruptcies in 2023?
Trying to figure out what business model they have that wont survive the current market condition is it continues like that all the way in 2023
At least one major airline.
At least one EV player, consolidation is coming as is the common-rail product from the classic ICE car industry.
It's not impossible a couple of major states below G20 level will default on their national debt.
I expect a couple of high profile hedge funds exposed to crypto may come unstuck.
If the worldwide property model continues to drift there might be something there.
If the shift off oil and coal accelerated and those companies did not have gas investments to leverage they could look pretty bad. As could intermediary companies dependent on coal and oil supply/exploration specific goods and services.
If the Chinese state decided to teach Jack Ma a lesson then some of his vast empire might be taken off-line which would hit a lot of people.
Evergreen?
Quite a few economies wish Aramex or whatever its called in the locale would. And uber, and airbnb. Aramex are just awful at their fundamentals. Uber and airbnb turn out to be destructive of social amenity.
Yandex international has had to make some pretty big shifts. ZTE and Huawei likewise.
I thought reliance/jio would kill off at least one Indian telco but they survived.
I thought covid would kill off at least one airline.
I don't understand why HP still exists. Dell and Lenovo kill their business, printers aside and the HP printer market must be shrinking.
Classic camera brands shrank but survived. Just.
Village roadshow? Is cinema dead?
"In fiscal year 2022, total revenue of US$63 billion included US$29.2 billion from the sale of notebook computers, US$10.7 billion from the sale of desktop computers, US$11.8 billion from the sale of printer supplies, US$4.2 billion from the sale of commercial printers, and US$2.9 billion from the sale of consumer printers."
Based on HPE's site, it looks like it's all under HPQ. Seems like HPE doesn't deal with enterprise printers at all.
Why would you comment if you have no idea then?
Oil and coal is going strong
Village has the theme park and movie lines so wouldnt think them.
Yandex will be protected by the govt.
I wonder if you could add some state pension funds to the list
Splitting Microsoft Azure from their productivity tools business is a tough sell, but seems to be the only way for investors to get an honest look at how their cloud business is doing.
Separating AWS from Amazon B2C businesses like retail and video would probably be a net positive for AWS, though it would also reveal that Emperor Jeff was naked all along - and Vice-Emperor Jassy is wearing cheap knock-off clothes from Alibaba.
With Google, there isn't much to split up - they do a pretty good job of murdering any non-advertising business units themselves. 2023 isn't likely to be the year they kill GCP, but I'd put money on it being gone well before 2030.
Bed bath and beyond
Carvana
Opendoor
Countless startups who needed a round of funding in 2022, didn't get one, and will simply run out of money.
With the shutting down of their graphics division though portrayed as merger back into other groups, it's clear that the discrete GPU business is effectively shut down. None of their rest of the product line up shows a potential to be the one that starts the turnaround.
While they may have government grant for fabs, it won't be a surprise to see them to be Boeing in 2024/25.
Its also possible to see more financial related bankruptcies if they haven’t managed their risk profile appropriately (like in 2008/9 where they were all-in on MBS that failed). If operating processes in the banking world haven’t changed much then these could have a domino effect.
I have talked to 3-5 different representative at costco and directly.. not sure how they are still in business