There's actually holding companies that will buy these worth ef shares from you, and they'll charge you a fee for doing it. You go to this person and say, ok, here are the four dead projects that we haver. Let's call them zombi companies. These are four zombi companes. We don't know what's happening with them. Founders aren't communicating thata. The web sigts not being updated. This is how somebody explained it to me,. One of them is still alive. So then whats cadaver train? Would no ive heard. It's like 11 years later, the funds leoredica ar ten year life funds.
Welcome to Sunday! First up, J+M cover different methods and classifications for dealing with failing startups. (2:01) Then, Molly interviews Team Wildfire CEO Steve Wolf about his "Hurricane-as-a-Service" business! (31:56)
(0:00) J+M tee up today's segments!
(2:01) VC Sunday School: J+M discuss hospice care for startups
(10:50) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist
(11:58) VC fund dynamics with Zombie startups, Jason explains "pay to play"
(25:32) Spokn - Get 3 months free at https://getspokn.com/twist
(27:03) J+M tee up this week's climate interview!
(31:56) Steve Wolf explains his jet engine powered fire-fighting device
(37:21) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist
(38:55) Steve breaks down the business side of Team Wildfire, "Hurricanes-as-a-Service", and more!
(55:32) Molly gets a virtual tour of the "Hurricane on wheels"
Check out Team Wildfire: https://www.teamwildfire.com
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FOLLOW Molly: https://twitter.com/mollywood