Hippies have no clue how to run companies
https://fortune.com/2023/10/23/hello-be ... ankruptcy/
Baby products company Hello Bello, founded by actress Kristen Bell and actor Dax Shepard, filed for bankruptcy after it struggled to overcome high shipping and production costs.
The Los Angeles-based company, backed by private equity firm VMG Partners, listed assets and liabilities of at least $100 million each in its bankruptcy petition on Monday. The filing protects the company from creditors while it tries to sell itself out of bankruptcy.