Marty Pichinson on Shuttering Companies
We are busy as beavers. We’re doing two to four deals a week. I’m finding that fundings themselves have created a unique problem. An ever-smaller group of companies is attracting all the financing, including through the IPO market, and once a company gets such a huge concentration of cash, those without as much begin drifting away.
Marty Pichinson, co-founder of Sherwood Partners, which specializes in efficiently shuttering companies