Hibernation
Is Your Product Ahead of the Market Curve?
Is it the optimal product? Are you in the right market at the wrong time? Is your market wrong and you need time to make adjustments? Do you wish you could find the "Pause Button"?
Corporate investors make certain assumptions and proceed with the prescribed game plan. Time passes. Markets change. Technology intervenes. Now, while the business concept still seems viable there are external factors that require time to address. There was no contingency plan for today's reality.
So what do you do? Do investors continue funding the company "as is"? Does the company close its doors and simply liquidate?
Sherwood Partners has another alternative. We call it "Hibernation". We allow you to hit the Pause Button. Quite simply, we help you to put the company on hold while you address the fundamental business issues at hand. If your company is almost out of financial runway, we can help.
Our services help you to stop the clock because we:
- Work with the founders, owners, board members and management team to identify the mission-critical action plan;
- Assess the time, assets and human resources required to implement and complete the plan;
- Work with management to distill operations down to their hibernation state;
- Assist in the structuring and financing of the hibernation;
- Participate in the oversight of hibernated operations.
Each of the steps above increases your company's ability to come back to market when the time is right.