What should VCs do with zombie companies?
David Teten VC
MAY 4, 2024
Inevitably, some of a VC’s portfolio companies will become “zombies”: not dead, but not growing. They have some technology and revenues, but morale is low. The CEO is hinting he’d like to get into VC or otherwise find a soft landing. Finding a buyer is difficult, because the company is not exciting to anyone, including even the founders. So what do you do?
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