Background

• Runway of about six months (with bridge underway)
• No traction in market
• History of failed execution and sales success
• Mediocre management team with high profile CEO
• Complicated personal relationship
• Three Investors in deal had worked with Kirchner previously

Activities

• Complete Diagnostic
• SWOT analysis of business, management and market opportunity
• Analysis of go-forward options with pro/con and recommendation

Results

• Was able to provide a number of value adds to business
• Visibly improved management performance
• Identified immediate IP threat
• Accelerated cash collection (SRED and loans)
• Converted management as skeptic to strong supporter