Investing Over $10 Million
After investing over $10 million in a telecom related startup, an investment fund was considering management’s request for an additional $10-$15 million.
The startup’s original targets and goals were unmet and the current strategy was different from the plan initially funded. A clear consensus on how to proceed had not yet emerged. We provided the fund with an independent review of the startup’s new strategy: assessing its market potential, evaluating the risks it faced, and delineating key issues likely confronted in the future. Based on our analysis, the fund opted to divest the business. We then worked with management and shareholders to implement this direction.