Marty, The Dot Com Cleanup Guy
from the you-don't-want-him-showing-up-at-your-door dept
Business Week has a profile of Marty Pichinson, the guy your VCs call to shut down your company. He's apparently quite the badass when it comes to cleaning up dot com messes. He sells off assets and shuts the company down quietly (without a lot of negative publicity that the VCs hate). How much do services like that cost? $75,000 or 7.5% of the assets sold off - whichever is higher. Seems like good work if you can get it. The interesting thing, though, is that Marty and his VC friends expect him to be very busy over the next few months as the next wave of tech companies (mostly telecom startups) need to be "cleaned".
Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
Reader Comments
Subscribe: RSS
View by: Time | Thread
Carnage continues
Eric Verity, CPA, does this as well
www.veritycg.com. He is one of the best in the business and the fees are more reasonable.
[ link to this | view in thread ]