I can’t get this out of my head. It shouldn’t be taken seriously.
There’s a part of the US Bankruptcy Code that provides for involuntary bankruptcies. At a high level, three creditors holding liquidated, non-contingent unsecured claims exceeding $10,000 can put a company into bankruptcy. Even a big one.
It would be disruptive but not fatal. It would probably also cause the publicly-traded stock to crash, which would be a problem for a founder of the company with significant margin debt.