I'm disappointed that this article is more about job loss in tech at large, rather than a look at what Sherwood Partners actually does.
How does one wind down or sell off the assets of a technology company? What percentage of tech companies even have assets in the traditional sense? I can see the value of selling off inventory, machinery, owned facilities, and IP, but I'm guessing that a small percentage of Silicon Valley companies have any of these things in meaningful quantities.
Does Sherwood Partners buyout the company for cheap and then make a profit by selling individual pieces? I'm very curious. If anyone knows some of the answers, I'd love to hear!
How does one wind down or sell off the assets of a technology company? What percentage of tech companies even have assets in the traditional sense? I can see the value of selling off inventory, machinery, owned facilities, and IP, but I'm guessing that a small percentage of Silicon Valley companies have any of these things in meaningful quantities.
Does Sherwood Partners buyout the company for cheap and then make a profit by selling individual pieces? I'm very curious. If anyone knows some of the answers, I'd love to hear!