Distressed Tech PE
Are there any firms out there that focus on distressed investments specifically in the tech space? Seems like it would be a super promising area especially right now.
Are there any firms out there that focus on distressed investments specifically in the tech space? Seems like it would be a super promising area especially right now.
Career Resources
Some of the big PE tech guys will do light turnarounds. The problem in tech is that a lot of distressed situations are the result of pretty critical product issues/getting leapfrogged by a competitor. So it's not a gradual/small decline, but a huge "fuck me" type of situation.
I do know a smaller firm that does them. Garbage site but he's done some real deals: https://tech-rx.com/
I would look @ who has worked with these guys btw, they are very well known: https://techcrunch.com/2020/04/13/silicon-valley-restructuring-veteran-…
BTW, "fuck me" sits can be fixed, but it's really hard in tech because a big part of successful tech companies is amazing culture + smart people and those smart people attracting more smart people.