IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-59406-7_14.html
   My bibliography  Save this book chapter

Turnrounds

In: Real Venture Capital

Author

Listed:
  • Richard Thompson

Abstract

THE SKILLS of turnround are important in venture capital, either when correcting a substantial investment which has gone wrong or sometimes in taking advantage of the opportunity offered by a company in trouble, either in the private or public domain. When the opportunity is a public company, it is usually desirable to privatise the company in order to take it out of the public spotlight whilst applying the appropriate remedies. These usually comprise pruning out any unprofitable product lines (assuming that reasonable product cost information is available), cutting back on non-essential staff, reducing unproductive overheads (particularly at head office), and selling off or closing loss-making businesses at whatever value can be got.

Suggested Citation

  • Richard Thompson, 2008. "Turnrounds," Palgrave Macmillan Books, in: Real Venture Capital, chapter 0, pages 51-53, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59406-7_14
    DOI: 10.1057/9780230594067_14
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-59406-7_14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.