How to deal with failing startups + Team Wildfire CEO Steve Wolf on "Hurricane-as-a-Service" | E1563
This Week in Startups
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Navigating Zombie Companies
This chapter examines the challenges of managing startup funds, particularly in dealing with 'zombie companies' that no longer function effectively. It discusses the options available to fund managers for exiting these investments and the complex dynamics between struggling founders and their investors during recapitalization attempts. Emphasizing the importance of transparency, integrity, and relationship management, the conversation also highlights the ethical dilemmas faced during financial restructures in the startup ecosystem.
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