The article said that "common" shareholders walk out with nothing.
Typically, founders and early employees are issued only common stock, while investors are issued "preferred" shares. Unless the founding team invested their own capital alongside the angels and professional VCs involved in their rounds, it's not likely that they were preferred shareholders.
Preferred shareholders are first in line to get cash payouts after liquidation. Common shareholders are able to access cash only after all of the preferred shareholders have been paid.
I wrote a series on the subject I could share if you're interested.
Sounds interesting to me! I write newsletters, blog posts, social media content, and more. Starting from a foundation/ frameworks would help save tons of time. Do you have any kind of prototype yet?
I understand the value of life and that it's important to make sure everyone is safe in space missions, but this is an unmanned space organization and it would be RIDICULOUS if SpaceX was grounded for any period of time. They continue to push the boundaries and should be lauded for their accomplishments and less ridiculed for their mission failures. Just my brief opinion....