Case Study
Silicon Valley Bank - Starbak Communications
Silicon Valley Bank - Starbak Communications Division: Phoenix Management Services, Phoenix Capital Resources Client Starbak Communications was a video technology company operating in the video communications market space. The Company was based in Boston, MA with revenue of approximately $10.0MM and a total private equity/venture capital investment in excess of $50.0MM. Problem The Company had extensive private equity investment from two separate funding sources, who ultimately could not reach a cooperative settlement with regard to the direction of the Company, thereby creating extensive disruption to the Company at both the operating and Board of Director level. Ultimately, the Company did not achieve its goals and objectives, despite a mature management team, structure and extensive inv